$1,600,000
Active · 516 days on market · MLS# MFRA4635694
| Lot size | 0.28 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $8,125 |
| County | Sarasota |
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.
Listing courtesy of Rex Glasson, DOUGLAS ELLIMAN. Presented by MC Homes Realty Inc · 727432218.