941 213 9400
$3,975,000
5,227
Square ft Lot

1869 4Th St Sarasota Florida 34236

1869 4Th St Sarasota Florida 34236 locatior map

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.

Features

MLS#
MFRA4579725
County
Sarasota
Type
Land
Year built
# Floors
story
Private Pool
None
Parking
Lot
0.12 acres
Taxes
$2669.69
Roof
Fireplace
None
On Market
276 days

Community

Pets:

Pets OK?
No
Restrictions:
No Restrictions

Community Information & Fees:

Listing courtesy of ALIGN RIGHT REALTY SRQ OPULENCE.

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$3,975,000 1869 4Th St Sarasota Florida MFRA4579725 Beds | n/a Baths | n/a sf

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