SARASOTA, FL 34236

Property

Ownership: Fee Simple
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$1,600,000
Annual Taxes:$8,164
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of DOUGLAS ELLIMAN

Rare Downtown Sarasota Development Opportunity in Gillespie Park.

Description

Rare Downtown Sarasota Development Opportunity in Gillespie Park. Offered at $1,600,000, this rare development opportunity includes TWO parcels being sold together totaling approximately 22,585 SF (0.52± acres) in a rapidly redeveloping area of Downtown Sarasota. Located at 1705 6th Street and the adjacent Goodrich Avenue parcel, the property is zoned DTN (Downtown Neighborhood), allowing for a variety of potential residential development opportunities, subject to City of Sarasota approval. Potential uses may include luxury single-family residences, townhomes, cottage-style development, multifamily residential, or other permitted DTN uses. The site is cleared, level, and positioned just minutes from Downtown Sarasota, The Bay Park, Rosemary District, Main Street, St. Armands Circle, Lido Beach, and Sarasota Bay. Gillespie Park continues to experience significant redevelopment activity, with strong demand for new residential product driven by walkability, proximity to downtown, and limited available land. With over 22,500 SF of combined land area, opportunities of this size and scale within Sarasota's urban core are increasingly difficult to find. Investor and developer package available upon request. Buyer to independently verify all zoning, density, development, utility, permitting, and other property-related information with the City of Sarasota.

Amenities

  • Other
  • Sewer Available
  • Water Available

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.