905 Royal Palm Drive, SARASOTA, FL

$250,000

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0.67

Acres

About 905 Royal Palm Drive

Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.

Features of 905 Royal Palm Drive

MLS® # A4646446
Price $250,000
Acres 0.67
Type Land
Sub-Type Land
Status Active
Taxes $2,167
CDD N

Community Information

Address 905 Royal Palm Drive
Area Sarasota
Subdivision WILDWOOD PINES
City SARASOTA
County Sarasota
State FL
Zip Code 34234

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed March 28th, 2025
Days on Market 200
Zoning RMF2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOLDWELL BANKER REALTY

Listing Map

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