Active
1869 4TH ST
SARASOTA FL, 34236
$3,975,000
$757.14 per sqft
Active
0.12 Acres
Land
Downtown Sarasota land offers a rare development opportunity in the Gillespie Park neighborhood. This parcel is currently five lots with a remodeled 3/2 bungalow on the middle lot. Zoned "Downtown Neighborhood" (DTN), it offers a developer/investor many options to build up to 3 stories. The entire parcel is in The Opportunity Zone guaranteeing tax incentives. Options include: Up to 7 single-family homes with 7 accessory dwelling units (ADUs); Condos or Townhomes; Multifamily Luxury Apartment Enclave; Single-family home compound/estate; Live and work options. The existing back and side alley access is a major advantage for design considerations and private access to multiple dwellings. Location is everything. Walking distance to the heart of downtown Sarasota; Mere blocks away from 10-acre Gillespie Park with walking paths, tennis, pickleball, basketball courts and dog park; new Bayfront Park Project; Rosemary District; shops, restaurants, pharmacy, performing arts theaters, and a 15-minute drive to Lido beaches and St. Armands Circle; 15-minute drive to I-75.
A4579725
MLSⓇ ID
August 15, 2023
Listed
May 9, 2024
Updated
Map
1869 4TH ST
SARASOTA FL, 34236
Exterior/Building Features
Lot Size
0.12 Acres
Lot Features
City Limits, In County, Paved
Sewer
Public Sewer
Other Property Details
Area Name
34236 - Sarasota
Taxes
$2,670
Tax Frequency
Annually
Days on Market
9
Garage
No
View
No
County
Sarasota
Municipality
36
Water Source
Public
Pool
No
Zoning
DTN
Buyer Agency Compensation
3%
Listed by ALIGN RIGHT REALTY SRQ OPULENCE
Listing Contact: 941-362-3300
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Argelia Vidal Team participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2024 Stellar MLS. All rights reserved.
Data last updated 5/9/2024, 7:44 AM UTC
