1835 4th StreetSarasota, FL 34236Price: $3,975,000

  • Price: $3,975,000
  • 118 Days on Market
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Federal 30-year interest rate: 7.03% last updated on Dec 7, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,975,000List Price
  • 0.6Acreage
  • 1,727Square Feet
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236
1835 4th Street Sarasota FL 34236

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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.

Property Details of 1835 4th Street

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Listed by ALIGN RIGHT REALTY SRQ OPULENCE

Based on information submitted to StellarMLS as of December 10, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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