Active
1853 4TH ST
SARASOTA FL, 34236
$3,975,000
$3,095.79 per sqft
Active
3 Beds
2 Baths
1,284 sqft
Residential
Built in 1962
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.
A4579722
MLSⓇ ID
August 15, 2023
Listed
May 9, 2024
Updated
Map
1853 4TH ST
SARASOTA FL, 34236
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Interior Features
Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
Appliances
Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Laundry Description
Inside
Floor Description
Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.6 Acres
Exterior Features
French Doors
Lot Features
Cleared, Corner Lot, City Limits, Level, Near Marina, Oversized Lot
Roof
Shingle
Sewer
Public Sewer
School Information
High School
Booker High
Elementary School
Alta Vista Elementary
Other Property Details
Area Name
34236 - Sarasota
Taxes
$6,246
Tax Frequency
Annually
Days on Market
9
Garage
No
Parking
Covered, Driveway
View
Yes
View Description
City, Trees/Woods
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
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Data last updated 5/9/2024, 7:44 AM UTC
