Lot 8 & 9 NUTMEG AVENUE

Property Details

Description

RARE DOUBLE LOT - EXPANSIVE PRIVATE SANCTUARY IN RIDGEWOOD HEIGHTS for your New Construction Home! Build your ultimate dream home on this oversized, 100' x 138' lot spanning over a third of an acre. Nestled on a quiet DEAD-END street literally steps away from the 72-acre Red Bug Slough Preserve, this property offers unmatched privacy and refreshing unobstructed preserve views. Best of all, NO HOA and NO CDD - bring your boat, RV, and custom design visions! Live in a true urban oasis next to 3 miles of tree-lined walking or bicycle trails, yet minutes from Sarasota's best amenities. PRIME SARASOTA LOCATION: *Siesta Key: 5 miles to world's favorite white-sand beaches *Downtown & Culture: 5-7 miles to Downtown Sarasota, The Bay Front Park, Sarasota Opera House, Van Wezel, and award-winning Selby Gardens *Medical: 4 miles to Sarasota Memorial Hospital (named as the top hospital in Florida and #25 nationwide in MONEY's 2025 "Best Hospitals" report) * 2 miles from upscale daily shopping and dining at The Landings Shopping Center. TOP-RATED PUBLIC EDUCATION: This property is located within the highly desirable, A-rated Sarasota County School District - consistently recognized as one of the top -performing districts in Florida. The area is also home to Pine View School (Grades 2–12), a dedicated magnet program that is nationally ranked among the top public high schools in the United States for gifted education. BUILDER / DEVELOPER POTENTIAL: While currently zoned for a single-family home (RSF-3), the lot can be converted back into two parcels, potentially allowing for the construction of one home on each lot (Buyer to confirm utilities and subdivision requirements with Sarasota County). Don't let this slice of paradise get away—call for details today!

Facts & Costs

Property type

Land

Zoning

RFS3

Current use

Residential

Lot dimensions

100 x 138

Price per acre

$1,090,625

Lot size

0.32 acres

Days on market

134

Waterfront

No

Community

Madison Park

Subdivision

MADISON PARK

County

Sarasota

Flood zone

AE

Monthly & yearly costs

Property taxes

$1,713 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Utilities & lot

Utilities

BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Electricity Available, Propane, Sewer Available, Sewer Nearby, Water Available, Water Nearby

Sewer

Public Sewer

Water

See Remarks

Lot features

Buildable, Unpaved

View

Park/Greenbelt, Trees/Woods

Payment Estimate

$1,907 / month

Principal & interest

$1,765

Property taxes

$143

HOA

$0

Home insurance

enter below

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location