The seller has officially been notified by Sarasota County that the property can be subdivided into up to 5 lots. This is a rare and exciting opportunity to acquire a substantial 0.77-acre parcel in the highly desirable Proctor Road / Madison Park area of Sarasota, offering excellent development potential. Buyer is responsible for performing their own due diligence, including all necessary inspections, verifications, and processes with Sarasota County Planning & Development Services. There is currently a septic system on the property, with sewer available at the street. The site features an existing 3-bedroom, 3-bath home originally built in 1930 and subsequently renovated, plus a separate cottage on a beautifully treed lot with no HOA. This presents tremendous upside for renovation, redevelopment, or subdivision. Nestled in the vibrant heart of Sarasota, this parcel offers an enviable central location — conveniently close to downtown Sarasota’s cultural attractions, world-class beaches, fine dining, shopping, and entertainment. Just a short distance away is access to the renowned Legacy Trail, a scenic 23+ mile paved path perfect for biking and walking. Nearby parks provide additional green space and recreational opportunities. The lush, mature landscaping envelops the property in abundant shade and privacy. Electrical and plumbing were brought to code standards in 1991, providing a solid foundation for future improvements. Best of all, there is no HOA, giving you complete freedom to park your boat, RV, trailer, or design and build your dream home (or homes). This unique, peaceful gem combines generous land, prime in-town accessibility, and significant potential — making it an ideal opportunity in one of Sarasota’s most sought-after areas!