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1853 4th Street

Sarasota FL 34236

3
2
1
1727 sq. ft.
26250 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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

3 bedrooms
2 bathrooms
1 carspace
1 carport space
1727 sq. ft. floor area
26250 sq. ft. lot size
Single-Family

Happy sellers in Sarasota

88%
88% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Sarasota over the last 12 months.

Local market activity for 3 bedroom single-family properties in Sarasota

In the last 12 months, 28 three-bedroom single-family properties similar to 1853 4th Street, have been sold.

This represents a 37% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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