listing
1 of 0
Land
$12,000,000
3736 Meridale Road
Sarasota, FL 34238
Listed by: Premier Sotheby's International Realty, (941) 587-4894
MLS: mfrmls
Est. Mortgage
$62,042/mo

A secluded sanctuary in the heart of Sarasota is ready for redevelopment. This 13-acre walled and gated estate was originally owned by Mr. and Mrs. Honore Palmer, son of the famous Bertha Palmer, and has been preserved as an “in-town” estate ever since. The grand scale of the property is apparent upon entering the gates, yet once inside, there is a sense of peace and tranquility brought on by the sheer magnitude of the space, the manicured grounds, mature trees and the private lake. Explore the option of a complete redevelopment or some hybrid option to enjoy part of the property as-is and redevelop the rest. The main house and guest house sit on about 3 acres of the property leaving approximately 10 separate acres. The are many opportunities here. The property is designated moderate density on the Future Land Use Map.

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