3928 EAST AVENUE

SARASOTA, FL 34231

Listing courtesy of RE/MAX ALLIANCE GROUP · MLS# A4705536

$695,000

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Property Details

Lot size

10,000 sq ft lot

Zoning

RMF2

Price / acre

$3,021,739

MLS#

A4705536

Listed

September 9, 2026

Description

Looking to develop in one of Sarasota's hottest areas? Look no further. This rare 100' x 100' lot offers an exciting redevelopment opportunity in South Sarasota. The oversized parcel may provide the potential to divide into two separate lots, with the possibility of a home and ADU on each — creating a potential four-unit residential rental opportunity, subject to zoning and county approval. The property could also be an excellent opportunity for a duplex development, offering another potential path for an investor or builder looking to maximize the value of the site. The existing property features a 1,084-square-foot, 2-bedroom, 2-bath Florida home, along with a 1.5-car garage, with laundry room that includes full size washer and dryer. The home also includes a beautiful swimming pool. The fully fenced lot offers privacy and plenty of space while providing a unique opportunity to live in or rent the existing home as you plan for future redevelopment. With its desirable South Sarasota location, this property is close to Siesta Key Beach, Gulf Gate, the Legacy Trail, shopping, dining, and everything Sarasota has to offer. Bring your vision and take advantage of the possibilities this oversized lot presents. Opportunities to develop a property of this size and location are becoming increasingly difficult to find.

Facts & Costs

Property type: Land
Zoning: RMF2
Current use: Residential
Lot dimensions: 100 x 100
Price per acre: $3,021,739
Road surface: Asphalt
Lot size: 10,000 sq ft
Days on market: 21
Waterfront: No
Subdivision: TAMIAMI PARK A RESUB OF
County: Sarasota
Flood zone: X

Monthly & yearly costs

Property taxes: $3,079 / year (2025)

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

Utilities & lot

Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Lot features: In County, Oversized Lot

Payment Estimate

$3,771 / month

Principal & interest: $3,514
Property taxes: $257
HOA: $0
Home insurance: enter below

Down payment (20%)$139,000Interest rate (%)Loan termHome insurance ($/year)

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

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 6:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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