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$349,000

Lot 8 & 9 NUTMEG AVENUE, SARASOTA, FL 34231

3D Tour
Active140 days on market

Beds

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Baths

0

Sq Ft

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Year Built

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Lot Size

0.32 acres

Garage

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About This Property

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!

Property Overview

Property TypeLand
MLS #A4694121
StatusActive
FacesEast
SubdivisionMADISON PARK
CountySarasota
OwnershipFee Simple

Interior Features

Exterior & Lot

FencingBoundary Fencing
Lot Size0.32 acres (13,800 sq ft)
Lot Dimensions100 x 138
Lot FeaturesBuildable
Road SurfaceUnimproved, Other
ViewPark/Greenbelt, Trees/Woods
0

Utilities

WaterSee Remarks
SewerPublic Sewer
UtilitiesBB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electrical Nearby, Electricity Available, Propane, Sewer Available, Sewer Nearby, Water Available, Water Nearby

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$349,000
Original Price$375,000
Annual Taxes$1,713 (2025)
FinancingCash, Conventional, FHA
ZoningRFS3
Parcel #0087030036

Schools

ElementaryWilkinson Elementary
MiddleBrookside Middle
HighRiverview High

Directions

Heading west on Proctor Rd, turn left at Camphor Ave, left at Austin Street, and left turn at Nutmeg Ave. Property is on the left.

Location

Lot 8 & 9 NUTMEG AVENUE, SARASOTA, FL 34231

Listing Information

OfficeCOLDWELL BANKER REALTY
ListedMay 19, 2026

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Home Price

$349,000

20% ($69,800)
6.75%

Loan Term

Principal & Interest$1,811
Property Tax (est.)$320
Insurance (est.)$150
Total Monthly$2,281
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Nearby Schools

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 7, 2026.

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