4880 Fruitville Rd

Investment Overview

This offering represents a compelling land play along Sarasota’s highly traveled Fruitville Road corridor, with multiple clear paths to value creation. While the property is currently zoned OPI (Office, Professional & Institutional), the site’s strategic frontage on a major arterial and its proximity to significant east Sarasota growth make higher‑density residential development arguably the highest and best long‑term use, subject to a successful rezoning and entitlement process. For groups seeking a more near‑term execution, the existing OPI zoning supports a range of office, medical, and professional uses, allowing for an office‑focused redevelopment or repositioning strategy that leverages strong traffic counts and corridor visibility. In addition, a buyer could simply continue to utilize the existing structure, which has operated as a successful event, party, and membership venue, preserving current functionality while planning future redevelopment. Investors and developers can pursue either a rezoning for residential or mixed‑use density to capture ongoing eastward expansion, capitalize on the in‑place OPI zoning for a modern office or professional project, or maintain and enhance the current improvements as an income‑producing asset.

Investment Highlights

• - 2.89± acre site (125,900 SF) with 7,954 SF existing building in place.
• - Prime Fruitville Road frontage on a major Sarasota east–west arterial with strong visibility and access.
• - Strategic location near I‑75 at the gateway between established central Sarasota and rapidly growing East Sarasota communities.
• - Covered land play with compelling upside from potential higher‑density residential development, subject to rezoning and entitlements.
• - Current OPI zoning supports a range of office, medical, and professional uses for office‑focused redevelopment.