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Property for sale at 7865 27TH STREET E, SARASOTA, FL, 34243
Property for sale at 7865 27TH STREET E, SARASOTA, FL, 34243
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7865 27th Street ESarasota, FL, 34243

8beds
6baths
6,178sqft
Single Family Residence
Built in 2001
$21,500,000
For sale
Price per sqft
$3,480
Days on market
18
Listed
Oct 20
MLS #TB8557617Updated Nov 3, 2026

About this property

Here, opportunity rings.

Discover an extraordinary 20.5-acre Sarasota assemblage, located just off Tallevast Road, 1 mile from the University Parkway/US 301 intersection. Significant residential, industrial and commercial development is transforming this part of Sarasota/Manatee.

The acreage features 1,250 feet of frontage along 27th Street East, with contiguous 11.9-acre and 8.6-acre parcels comprising two separately deeded parcels (The parcels include three addresses: 7865, 7875 & 7955 27th Street East, Sarasota FL).

In-town acreage of this scale is increasingly difficult to assemble, making the combination of land, frontage and infill location particularly compelling. Add in the three updated homes, garages and outbuildings, and you have a rare combination of quality living and long-term investment potential.

The property is encircled by Benderson commercial to the west, Milhaus multi-family currently under construction to the north, Solomon warehousing to the east, and DR Horton residential to the south. Amazon Logistics is 1500 feet from the property as the crow flies, and a 1 million square foot UNFI distribution facilities are 1 mile away. These are among the area's newly established commercial anchors.

The property has desirable southern Manatee County A-1 zoning and IL (Industrial-Light) Future Land Use designation that add another dimension to its long-term value. Agricultural classification adds property tax benefits.

Beyond the private gates, there are fenced pastures, mature trees and two ponds to create a peaceful sanctuary just minutes from the city's vibrant energy. SRQ International Airport is approximately 5 minutes away, downtown Sarasota approximately 10 minutes away, and Siesta Key and other area Gulf beaches are less than 30 minutes away. Enjoy privacy and space with convenient access to the restaurants, shopping, arts and coastal pleasures that make Sarasota so appealing.

The residences have more than 9,300 square feet under roof, with 8 bedrooms and 5 ½ baths, and the multiple garages, workshop and an RV pad provide room for a wide range of projects and pursuits.

Outside of the obvious commercial value, bring your horses, raise llamas, even create a meditation sanctuary or continue the current apiary/beekeeping and cattle grazing use with multiple fenced pastures. Establish a business that takes advantage of large acreage and quick access to “Last Mile” Logistics, Transportation, Lakewood Ranch and the barrier islands. Or simply enjoy the beauty of open Selby Gardens-style grounds.

Bring your commercial development plans or use as a private family estate for now. A place to grow. A land investment you can enjoy today. Enjoy residential income, continue agricultural use or hold for that perfect development as the surrounding area continues to boom.

Rarely does a single property provide such diverse opportunities. What will you create with 20.5 acres right in town? Bring your vision. Make it yours.

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Property details

Property type
Single Family Residence
Street address
7865 27th Street E
City
Sarasota
State
FL
ZIP code
34243
Year built
2001
New construction
No
Attached property
No
Faces
West
Rooms
3
Building stories
1
Living area
6,178 sqft
Total building area
9,322 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided 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.Stellar (MFR) data last updated at November 7, 2026 at 10:00 PM EST

Price & sale history

EventPrice
Listed for saleMLS #TB8557617$21,500,000
SoldMLS #A4400492$800,000
Price reducedMLS #A4400492$845,750Change: −10.5%−$99,250
Listed for saleMLS #A4400492$945,000
History may be incomplete.
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Property for sale at 7865 27TH STREET E, SARASOTA, FL, 34243
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