Property Attributes
- MLS#A4579725
- TypeLand
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodMatheny Sub
- Zip34236
- Style
- Taxes$ 2669
- Price$ 3,975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,227 SqFt
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
8/16/2023 | Listed $3,975,000 |
General Features
Sewer | Public Sewer |
---|---|
Utilities | Public |
Zoning | DTN |
Tax Year | 2022 |
Current Use | Residential |
Percent Ownership | Fee Simple |
County | Sarasota |
Property Type | Land |
HOA / Comm Assn | No |
Subdivision Name | MATHENY SUB |
Status | Active |
Directions | From I-75 on Fruitville,head west on Fruitville toward Lido Beach. In approximately 10 miles,turn right on N. Osprey Ave. Turn right at the first cross street onto 4th St,the property will be on the |
City | SARASOTA |
Buyer Agent Compensation | 3% |
MLS Area | 34236 - Sarasota |
Lot Size Square Feet | 5250 |
Waterfront Y/N | No |
Street Name | 4th |
Tax Annual Amount | 2669.69 |
Public Remarks | 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 Nei |
Virtual Tour | https://youtu.be/_xlA3s7nw7A |
Days on Market | 157 |
Standard Status | Active |
Tax Lot | 9 |
Legal Description | 1869 4TH ST LOT 9 MATHENY SUB,SUB OF LOTS 16 18 BLK K POS |
Water Access Y/N | No |
Water View Y/N | No |
Interior Features
Street Suffix | STREET |
---|---|
Living Area Units | Square Feet |
Exterior Features
Lot Features | City Lot,In County |
---|---|
Water Source | Public |
Lot Size Area | 5250 |
Lot Dimensions | 50 x 105 |
Lot Size Acres | 0.12 |
Road Surface Type | Paved,Asphalt |
Lot Size Units | Square Feet |
Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool