7865 27th Street E, Palm Aire, FL 34243

Property Description

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 bedrooms and 5 ½ baths, and the multiple garages, workshop and an RV pad provide room for a wide range of projects and pursuits. Outside of the obvious commercial value, bring your horses, raise llamas, even create a meditation sanctuary or continue the current apiary/beekeeping and cattle grazing use with multiple fenced pastures. Establish a business that takes advantage of large acreage and quick access to “Last Mile” Logistics, Transportation, Lakewood Ranch and the barrier islands. Or simply enjoy the beauty of open Selby Gardens-style grounds. Bring your commercial development plans or use as a private family estate for now. A place to grow. A land investment you can enjoy today. Enjoy residential income, continue agricultural use or hold for that perfect development as the surrounding area continues to boom. Rarely does a single property provide such diverse opportunities. What will you create with 20.5 acres right in town? Bring your vision. Make it yours.