Situated in the heart of Sarasota, this exceptional 12,177 square foot corner lot presents a rare and highly valuable opportunity for investors, developers, and builders. The potential to develop brand new homes in one of Sarasotas most desirable and fast growing areas makes this a prime investment with significant upside. While the existing 520 square foot structure currently occupies the property, the true value lies in the land and its future development potential. The expansive size and strategic location provide flexibility in design and layout, creating the perfect foundation for high quality new builds that will appeal to todays buyers seeking modern homes in a well connected neighborhood. In addition to building a brand new single family home, the buyer can also create an accessory dwelling unit (ADU) of up to 750 square feetoffering even more potential for income or multigenerational living. Located directly across from Red Bug Slough Preserve, the property offers both creative exposure and a unique blend of urban convenience and natural beauty. Future homeowners will enjoy immediate access to walking trails, dog paths, a tranquil lake, fishing piers, and picnic pavilions. The surrounding area is rich with amenities, including parks, schools, shopping centers, and dining options, while world famous Siesta Key Beach is just a 10 minute drive away. As Sarasota continues to grow in popularity for its lifestyle, culture, and coastal charm, demand for well located residential properties remains strong. This property represents a rare chance to build and capitalize on that demand. Whether you're a seasoned investor or a developer seeking your next project, this is a cant miss opportunity to create something exceptional in one of Floridas most vibrant markets.