Address
1835 4th STREET, SARASOTA, FL
Price
$ 3,975,000
Property Attributes
- MLS#A4579726
- TypeCommercial
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodMatheny Sub
- Zip34236
- StyleMulti Family
- Year Built1962
- Taxes$ 4082
- Price$ 3,975,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1727
- Lot Size0.6 Acres
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 | |
|---|---|
| 8/15/2023 | Listed $3,975,000 |
General Features
| Cooling | None |
|---|---|
| Zoning | DTN |
| Construction Materials | Other |
| Year Built | 1962 |
| Property SubType | Multi Family |
| Tax Year | 2022 |
| Percent Ownership | Other |
| County | Sarasota |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | MATHENY SUB |
| Status | Active |
| Directions | From I-75 and Fruitville,head west on Fruitville. 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 left. |
| City | SARASOTA |
| Buyer Agent Compensation | 3% |
| MLS Area | 34236 - Sarasota |
| Lot Size Square Feet | 26250 |
| Waterfront Y/N | No |
| Street Name | 4th |
| Tax Annual Amount | 4082.11 |
| 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 | 1 |
| Legal Description | 1835 4TH ST LOT 1 MATHENY SUB,SUB OF LOTS 16 18 BLK K POS |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Street Suffix | STREET |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 26250 |
|---|---|
| Foundation Details | Other |
| Building Area Total | 1727 |
| Lot Size Acres | 0.6 |
| Road Surface Type | Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | County Road |
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
Property vs Commercial Average in 34236
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 11, 2024 2:45 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
