For SaleSingle Family ResidenceActive
7865 27th Street E
Sarasota, FL 34243
$21,500,000
29 Days On Site
- 8Beds
- 6Baths5 full, 1 half
- 6,178Sq Ft
- $3,480Per Sq Ft
- 20.5Acres
- 2001Built
- County
- Manatee
- MLS®
- TB8557617
Overview
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 have 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.
Listing Snapshot
- Price
- $21,500,000
- Days On Site
- 29 Days
- Bedrooms
- 8
- Inside Area (SqFt)
- 6,178 sqft
- Total Baths
- 6
- Full Baths
- 5
- Partial Baths
- 1
- Lot Size
- 20.5 Acres
- Year Built
- 2001
- MLS® Number
- TB8557617
- Status
- Active
- Property Tax
- $6,508 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
16 items
- Acres
- 20.5
- Attached Garage
- Yes
- Carport
- 1
- Direction Faces
- West
- Foundation
- Slab
- Garage
- Yes
- Garage Spaces
- 6
- Levels
- One
- Number Of Stories
- 1
- Parking
- Circular Driveway, Driveway, Garage Door Opener, Guest, Off Street, Oversized, Parking Pad, Workshop in Garage, Attached
- Property Sub Type
- Single Family Residence
- Security
- Security Gate, Security Lights, Security System, Smoke Detector(s)
- Sewer
- Septic Tank
- SqFt Total
- 9,322
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available
- Zoning
- A1
Interior Features
13 items
- Appliances
- Cooktop, Dishwasher, Disposal, Microwave, Range, Refrigerator
- Cooling
- Central Air
- Fireplace
- Yes
- Fireplace Features
- Living Room, Wood Burning
- Flooring
- Tile, Wood
- Furnished
- Unfurnished
- Heating
- Electric, Zoned
- Interior
- Cathedral Ceiling(s), Crown Molding, High Ceilings, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
- Laundry Features
- Inside, Laundry Room
- Window Features
- Skylight(s), Blinds
Rooms
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Kitchen | 14x16 | First | |
| Living Room | 18x14 | First | |
| Master Bedroom | 15x18 | First |
Exterior Features
11 items
- Construction Details
- Metal Siding, Frame, Wood Siding
- Exterior
- Dog Run, Lighting, Rain Gutters
- Fencing
- Fenced
- Lot Features
- Greenbelt, Irregular Lot, Near Public Transit, Pasture, Paved
- Other Structures
- Guest House, Kennel/Dog Run, Shed(s), Workshop
- Patio And Porch
- Covered, Deck, Enclosed, Front Porch, Patio, Rear Porch, Screened, Side Porch
- Roof
- Metal, Shingle
- View
- Pond, Water, Garden, Park/Greenbelt, Trees/Woods
- Waterfront Features
- PROPERTY BORDERED BY PEARCE CA
- Waterview
- Pond, Water, Garden, Park/Greenbelt, Trees/Woods
- Windows/Doors
- Skylight(s), Blinds
Community Features
4 items
- MLS Area
- 34243 - Sarasota
- Township
- 35
- Financing Terms Available
- Cash, Conventional, FHA, VA Loan
- Roads
- Other
Location
7865 27th Street E, Sarasota, FL 34243 · 34243 - Sarasota
Neighborhood & Commute
ZIP Code 34243
- Median household income
- $73,975
- Income per person
- $45,533
- Households
- 16,499
- Average household size
- 2.05
- Median age
- 51.4
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Listing first seen on site
Friends & Family
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