$2,290,000
SOLD MAR 31, 2025
0.38 Acres
$6,026,316 Price per Acre
16,698 Sq Ft Lot

Recently Sold

17% Below List Price

20 Days on Market

About This Lot

As of March 2025

Love where you live, work and play! Welcome to "Soma City Homes" in Laurel Park, Sarasota, Florida. This exceptional development opportunity allows the developer the possibility of living in a beautifully appointed condominium or townhome having their own 1,000 square foot office/retail space on the ground floor, making your commute time ZERO! This location embodies the perfect blend of urban charm and developmental promise. A rare chance to own a prime piece of real estate zoned Downtown Edge, this property offers limitless potential for those looking to make a significant impact in one of Sarasota's most desirable neighborhoods. With the allowance for up to 25 units per acre, envisage crafting a community of up to 9 luxurious townhomes or 3 magnificent single-family homes, each rising to meet the clear blue Sarasota sky. This property not only promises a blank canvas for breathtaking residential development but also opens the door to commercial opportunities, catering to a vibrant and growing community. Delve into the essence of Sarasota living with unparalleled access to the city's most celebrated attractions. Just moments away, the Selby Botanical Gardens offer a sanctuary of natural beauty, while the soft sands of Lido Beach and the exclusive boutiques of St. Armand’s Circle provide endless leisure and retail therapy. Laurel Park is considered the cultural heart of the city with nearby access to the Sarasota Art Museum, join the lively scene at Marina Jacks, or immerse yourself in the green spaces of Laurel Park itself. While you plan and permit your vision, leverage the four existing structures on the property to generate income, making this not just a purchase but an investment in your future. Opportunities of this scale and versatility are rare in Sarasota, making this a highly coveted proposition for those ready to grow with the city and indulge in the lifestyle and privileges it offers. Don't miss your chance to be a part of Sarasota's growth and embrace all the beauty, culture, and vibrancy this remarkable city has to offer. DTE (Downtown Edge) zoning allows for up to 9 units with a ground floor office/retail use or 3 large, executive single family homes.

Last Agent to Sell the Property

Ryan Miller

HARRY ROBBINS ASSOC INC Brokerage Phone: 941-924-8346 License #3457308 Listed on: 02/05/2025

Last Buyer's Agent

Kevin Robbins

HARRY ROBBINS ASSOC INC License #3042951

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,390

Lot Details

  • 16,698 Sq Ft Lot
  • Lot Dimensions are 152x100
  • Property is zoned DTE

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laurel Park Community
  • Pos Sub Of Blks G & H Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / H
  • Assessor Parcel Number 2027070069

Property Details

Property Type

Land

Est. Annual Taxes

$18,390

Lot Details

0.38 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16698
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 137.14
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-924-8346
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0133G

Utilities

  • Utilities: Cable Available, Electrical Nearby, Electricity Available, Other, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: DTE
  • Parcel Number: 2027070069
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Dimensions: 152x100
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 18389.7
  • Tax Block: H
  • Tax Book Number: A-57
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 31, 2025
Sold by
Rutkowski Devin and Rutkowski Marian
Bought by
Sicilian-C-Men Llc
Seller's Agent
Ryan Miller
HARRY ROBBINS ASSOC INC
Buyer's Agent
Kevin Robbins
HARRY ROBBINS ASSOC INC
List Price
$2,750,000
Sold Price
$2,290,000
Premium/Discount to List
-$460,000
-16.73%
Views
32
Current Estimated Value
$2,284,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,950
Avg. Annual Appreciation
-4.65%

Purchase Details

Closed on
Nov 15, 1994
Sold by
Enos Ernest M
Bought by
Rutkowski Devin and Rutkowski Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,290,000 None Listed On Document
Warranty Deed $20,000 --
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $115,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $2,290,000 -16.7% --
02/25/2025 02/25/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $2,750,000 -- --
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,390 $1,080,295 -- --
2024 $17,798 $982,086 -- --
2023 $17,798 $1,438,900 $1,065,500 $373,400
2022 $12,078 $910,500 $720,400 $190,100
2021 $9,902 $591,400 $416,200 $175,200
2020 $9,302 $537,300 $362,000 $175,300
2019 $8,629 $503,700 $322,200 $181,500
2018 $8,150 $485,000 $322,200 $162,800
2017 $7,799 $370,381 $0 $0
2016 $7,117 $426,600 $298,600 $128,000
2015 $6,061 $306,100 $219,900 $86,200
2014 $5,636 $278,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4638114

Stellar MLS

APN: 2027-07-0069

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