#A4637986, Alex Stafford, Listing Office: MICHAEL SAUNDERS & COMPANY
Property details
About 905 Royal Palm Dr
Prime Multi-Family Development Opportunity in Sarasota! Seize this rare chance to develop a high-demand, income-producing property in one of Sarasota’s fastest-growing corridors. Located in the up-and-coming North Sarasota corridor, this 115-foot frontage Lot is zoned RMF2 - build duplex(s), triplex, fourplex, single family home, one building or a mix. Even live in one unit and rent out the rest. Buyer to do due diligence for property development, utilities, and lot dimensions. — perfect for investors looking to capitalize on Sarasota’s booming rental market. This property is ideally situated just minutes from SRQ Airport, The Ringling School of Art, local theaters, entertainment, downtown Sarasota, and the waterfront. High rental demand, proximity to employment hubs, shopping, dining, and public transit make this a strategic investment in a rapidly growing area. The level lot offers strong development potential, with opportunities for appraisals, surveys, and cost analysis for site preparation. The seller is also offering up to $5,000 towards closing costs, making this an even more attractive opportunity. With Sarasota’s increasing need for multi-family housing, this is a prime investment opportunity to develop, lease, and generate long-term returns. Contact us today to explore development possibilities and secure this exceptional property.
Highlights
Home typeOther
StatusActive
Lot size0.67 Acres
MLS #A4646446
Virtual tour
Summary
- List Price: $385,000
- HOA Amount: $0
- Directions: Driving Directions to 905 Royal Palm Drive, Sarasota, FL 34234 From I-75, take Exit 213 (University Parkway) and head west. Turn left on US-41/S Tamiami Trail, then right on Myrtle Street. Turn left onto Royal Palm Drive—property is on the right. From Downtown Sarasota, head north on US-41/N Tamiami Trail, turn left on Myrtle Street, then left on Royal Palm Drive—property is on the right. From SRQ Airport, take University Parkway west, turn left on US-41/S Tamiami Trail, then right on Myrtle Street. Turn left on Royal Palm Drive—property is on the right.
- Lot Size: 0.67 Acres
- MLS Number: A4646446
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (941) 366-8070
- Listing Agent: Jerry Holston, Jr
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/27/2025, 5:19:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$385,000
905 Royal Palm Dr
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
Bay Haven School of Basics Plus
Public Magnet KG-5
1.0 mi
•2901 W Tamiami Cir
4
Emma E. Booker Elementary School
Public District PK-5
2.2 mi
•2350 Dr Martin Luther King Way
7
Florine J. Abel Elementary School
Public District PK-5
2.6 mi
•7100 Madonna Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,351. Typical income of Sarasota, FL residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
39%
<35k
54%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
67%
Single, No Kids
12%
Single, with Kids
16%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
42%
18-34 yrs old
31%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
NHRA Drag Racing
Horse Races
Where do the neighbors shop?
Chico's
Big Lots
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Golden Corral
LongHorn Steakhouse
What do the neighbors drive?
Oldsmobile
Kia
Buick
What do the neighbors listen to?
News
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
Tour
#S5116755, Dorothy Reid, Listing Office: LPT REALTY, LLC
#A4640551, Beth Helvey PA, Listing Office: MICHAEL SAUNDERS & COMPANY
#A4637818, Cinthia Martinez, Listing Office: KELLER WILLIAMS ON THE WATER S
#A4635720, Amy Drake, Listing Office: DOUGLAS ELLIMAN
Tour
#A4650099, Ivy Neyedly, PLL, Listing Office: CENTURY 21 BEGGINS ENTERPRISES
#A4643950, Mike Warm, LLC, Listing Office: PREMIER SOTHEBYS INTL REALTY
Tour
#A4633995, David Jennings, Listing Office: COLDWELL BANKER REALTY
#A4633573, Barbara May, Listing Office: MICHAEL SAUNDERS & COMPANY
Tour
#A4652986, Dean Slabach, Listing Office: RE/MAX PLATINUM
Frequently asked questions
About 905 Royal Palm Dr
The listing price of 905 Royal Palm Dr property is $385,000.
The property 905 Royal Palm Dr is land located in Sarasota, Florida, 34234.
Active Listing: 905 Royal Palm Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 905 Royal Palm Dr are: Bay Haven School of Basics Plus (GreatSchools Rating 7/10), Emma E. Booker Elementary School (GreatSchools Rating 4/10), Florine J. Abel Elementary School (GreatSchools Rating 7/10), Booker Middle School (GreatSchools Rating 3/10), Sarasota School of Arts/Sciences (GreatSchools Rating 8/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Booker High School (GreatSchools Rating 3/10), Sarasota Military Academy (GreatSchools Rating 5/10), Sarasota High School (GreatSchools Rating 4/10).
The property 905 Royal Palm Dr is 0.67 acres.
This home is located at 905 Royal Palm Dr in Sarasota, FL and zip code 34234 in the Bayou Oaks neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $385,000.
Over 35 listings were sold over their listed price in April 2025 in Sarasota, FL. In the same period over 421 listings were sold below the listed price and 77 listings were sold for the listed price. The inventory of homes for sale in Sarasota, FL between March and April 2025 increased by 1.6%. Listings spent 69 days on the market in April 2025, and had a median list price of $500,494 during the same period.
From Rocket Homes Real Estate and based on county public records data.