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1835 4th St

Sarasota, Florida, 34236, United States

Property ID: #584927 // commercial
1835 4th St
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Traditional Sale
List Price:
$3,975,000.00
Icon - ft²
Icon 0.6 acres
Icon - beds
Icon - baths
Address:
1835 4th St
City:
Sarasota
State:
Florida
Zip Code:
34236
County:
Sarasota
Subdivision:
MATHENY SUB
Country:
United States
Property Type:
Commercial
Additional Property Types:
Multi-Family
Year Built:
1962
Lot Size:
0.6 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
A4579726
Source Status:
Active
Source Property Type:
Commercial, Multi-Family

Property Provided By

  • Sabrina Payton-Turner
  • ALIGN RIGHT REALTY SRQ OPULENCE
  • +1 (941) 893-9347
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Property Information

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.

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.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of ALIGN RIGHT REALTY SRQ OPULENCE.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2023-08-24 12:33:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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