Property Attributes
- MLS#A4579722
- TypeSingle Family
- CountySARASOTA
- CitySARASOTA
- AreaSarasota
- NeighborhoodMatheny Sub
- Zip34236
- StyleSingle Family Residence
- Year Built1962
- Taxes$ 6246
- Price$ 3,975,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1284
- 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.
Elementary School | Middle School | High School |
---|---|---|
Alta Vista Elementary | Booker Middle | Booker High |
Price History | |
---|---|
8/16/2023 | Listed $3,975,000 |
General Features
Interior Features | Ceiling Fan(s),Primary Bedroom Main Floor,Open Floorplan,Solid Surface Counters,Thermostat,Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Electric |
Cooling | Central Air |
Utilities | Electricity Connected,Sewer Connected,Water Connected |
Roof | Shingle |
Appliances | Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer |
Exterior Features | French Doors |
Zoning | DTN |
Construction Materials | Metal Frame,Wood Frame,Wood Siding |
Year Built | 1962 |
View | City,Trees/Woods |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2022 |
Percent Ownership | Fee Simple |
County | Sarasota |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | MATHENY SUB |
Facing Direction | South |
Garage Y/N | No |
Total Rooms | 5 |
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 |
High School | Booker High |
City | SARASOTA |
Buyer Agent Compensation | 3% |
Senior Community Y/N | No |
MLS Area | 34236 - Sarasota |
Lot Size Square Feet | 26250 |
Private Pool | No |
Waterfront Y/N | No |
Carport Spaces | 1 |
Carport Y/N | Yes |
Street Name | 4th |
Listing Terms | Cash,Conventional |
Elementary School | Alta Vista Elementary |
Tax Annual Amount | 6246.39 |
Middle/Junior High School | Booker Middle |
Property Condition | Completed |
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 |
Lease Considered Y/N | Yes |
Virtual Tour | https://youtu.be/_xlA3s7nw7A |
Days on Market | 157 |
Standard Status | Active |
Tax Lot | 3,5,7 |
Virtual Tour | https://www.gillespieparkproject.com/ |
Legal Description | LOTS 3,5 & 7,MATHENY SUB,SUB OF LOTS 16 & 18,BLK K,PLAT OF SARASOTA,BEING A PORTION OF LANDS DESC IN ORI 2004042310 |
Minimum Lease | 1 Month |
Interior Features
Flooring | Vinyl |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 2 |
Street Suffix | STREET |
Laundry Features | Inside |
Total Bedrooms | 3 |
LivingAreaSource | Public Records |
Total Baths | 2 |
Living Area Units | Square Feet |
Exterior Features
Fencing | Fenced,Wood |
---|---|
Parking Features | Covered,Driveway |
Lot Features | Cleared,Corner Lot,City Lot,Level,Near Marina,Oversized Lot |
Water Source | Public |
Lot Size Area | 26250 |
Foundation Details | Stem Wall |
Spa | No |
Building Area Total | 1727 |
Lot Size Acres | 0.6 |
Road Surface Type | Paved |
Lot Size Units | Square Feet |
Covered Spaces | 1 |
Open Parking Y/N | Yes |
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