Active

7865 27TH St E, Sarasota, FL 34243

MLS TB8557617

$21,500,000

Est. $119,089/mo principal and interest at 7.40% with 20% down

8 bd · 5.5 ba · 6,178 sqft · Single Family Residence

About this home

Here, opportunity rings. Discover an extraordinary 20.5-acre Sarasota assemblage, located just off Tallevast Road, 1 mile from the University Parkway/US 301 intersection. Significant residential, industrial and commercial development is transforming this part of Sarasota/Manatee. The acreage features 1,250 feet of frontage along 27th Street East, with contiguous 11.9-acre and 8.6-acre parcels comprising two separately deeded parcels (The parcels include three addresses: 7865, 7875 & 7955 27th Street East, Sarasota FL). In-town acreage of this scale is increasingly difficult to assemble, making the combination of land, frontage and infill location particularly compelling. Add in the three updated homes, garages and outbuildings, and you have a rare combination of quality living and long-term investment potential. The property is encircled by Benderson commercial to the west, Milhaus multi-family currently under construction to the north, Solomon warehousing to the east, and DR Horton residential to the south. Amazon Logistics is 1500 feet from the property as the crow flies, and a 1 million square foot UNFI distribution facilities are 1 mile away. These are among the area's newly established commercial anchors. The property has desirable southern Manatee County A-1 zoning and IL (Industrial-Light) Future Land Use designation that add another dimension to its long-term value. Agricultural classification adds property tax benefits. Beyond the private gates, there are fenced pastures, mature trees and two ponds to create a peaceful sanctuary just minutes from the city's vibrant energy. SRQ International Airport is approximately 5 minutes away, downtown Sarasota approximately 10 minutes away, and Siesta Key and other area Gulf beaches are less than 30 minutes away. Enjoy privacy and space with convenient access to the restaurants, shopping, arts and coastal pleasures that make Sarasota so appealing. The residences has more than 9,300 square feet under roof, with 8

Key facts

Type
Single Family Residence
Size
6,178 sqft
Bedrooms
8
Bathrooms
5.5
Avg. price per sqft
$3,480
County
Manatee
MLS number
TB8557617
Status
Active
Property address
7865 27TH St E, Sarasota, FL 34243

Where is this home?

Common questions

How much is 7865 27TH St E, Sarasota, FL 34243 listed for?

7865 27TH St E, Sarasota, FL 34243 in Sarasota, FL is listed at $21,500,000 (about $119,089/mo principal and interest at 7.40% with 20% down).

How many bedrooms and bathrooms does 7865 27TH St E, Sarasota, FL 34243 have?

7865 27TH St E, Sarasota, FL 34243 has 8 bedrooms, 5.5 bathrooms, and 6,178 square feet.

Who can show 7865 27TH St E, Sarasota, FL 34243 in Sarasota?

Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.

Where does Jonathan Loescher help buyers and sellers?

Jonathan works across Tampa Bay, including Pinellas, Hillsborough, Pasco, Hernando, Manatee, and Sarasota counties. His office is at 29399 US Highway 19 Suite 150, Clearwater, FL 33761.

Can one advisor handle the home and the loan?

Yes. Jonathan coordinates the listing or home search with loan origination through PMF, Inc. (NMLS 1980) so buyers and sellers work with one Realtor and Loan Originator.

MLS TB8557617 · Active

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