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$11,500,000
64 Days Online

115 Lots N Hawaii Drive
Sarasota, FL 34241

For Sale|Land|Active
Subdivision:
Lake Sarasota
County:
Sarasota
Listing courtesy of REAL ESTATE STARS INTERNATIONAL LLC

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115 Lots N Hawaii Drive115 Lots N Hawaii Drive115 Lots N Hawaii Drive
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1 to 115 Residential Building Lots in the newest phase of Lake Sarasota Estates Subdivision. Lots have already been platted and have individual Parcel#s Lots can be purchased by Developer for 100k each x 115 lots. Development Cost of 2 bridges streets & utilities may be 100k per lot. Total Developer investment is 200k per lot and we have builders ready to commit to buying all 115 lots at 250k per lot, or you Option 1 - Be the Developer. Buy the lots for 100k each, Develop the lots with streets & utilities etc for 100k each. Sell lots for 250k+ each. Option 2 - JV with the Land Owner. You only pay 100k per lot for development costs. He puts land up. 50/50 JV. Sell lots for 250k+ each Option 3 - Be the Developer & Builder. Earn profits from the lot sales and profits from new home construction. Access to this land can come from Jarvis Rd. and from Kahana Dr. which are both located in the existing Sarasota Lakes Subdivision. 2 Bridges will need to be constructed over the creek to install roads and utilities to these lots. Projected Sales Price for New Homes on these lots will be 1million plus with lots being sold in the 250k range.

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Listing Snapshot
Price 
$11,500,000
Days Online 
64 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
N/A
MLS Number 
U8196019
Status 
Active
Property Tax 
$188
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS
5 days agoPrice changed to $11,500,000
4 weeks agoPrice changed to $14,375,000
4 weeks agoPrice changed to $17,250,000
a month agoPrice changed to $1,723,000
See 2 more
General Features
Sewer 
Public Sewer
Acreage 
0.17
Water 
Public
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableWater Available
Zoning 
RSF3
Ownership 
Fee Simple
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Exterior Features
View 
Trees/ Woods
Waterfront Property 
No
Lot 
Wooded
Road Frontage 
Highway
Other Structures 
Other
Community Features
Township 
37
MLS Area 
34241 - Sarasota
Schools
School District
Unknown
Elementary School
Tatum Ridge Elementary
Middle School
McIntosh Middle
High School
Booker High
Listing courtesy of REAL ESTATE STARS INTERNATIONAL LLC



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2023, Stellar MLS.
Data last updated at: 2023-06-07 05:50 PM EDT

Neighborhood & Commute
Source: Walkscore
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