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1853 4TH ST, SARASOTA, FL, 34236

$ 3,975,000.00
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1853 4TH ST, SARASOTA, FL, 34236

bed 3 Beds
bed 2 Bath
bed 26250 Sq.Feet
bed 3 Beds
bed 2 Bath
bed 26250 Sq.Feet

$ 3,975,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-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.
InteriorFeatures:-Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
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 left.
Appliances:-Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer

Property details

Cooling

Central Air

Living Area

1284 Square Feet

Constr. Materials

Metal Frame, Wood Frame, Wood Siding

Total Area

1727 Square Feet

Original List Price

$3,975,000.00

Private Pool

No

Fire place

No

Direction Faces

South

Roof

Shingle YearBuilt

Exterior Features

French Doors

Days On Market

9

YearBuilt

1962

Flooring

Vinyl

Heating

Electric

Lot Features

Cleared, Corner Lot, City Limits, Level, Near Marina, Oversized Lot

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Property Price

Date Event Price Price/Sq Ft Source
19/02/2024 Active $3975000 3095.79 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
School Name Type Distance
Booker Middle MiddleOrJuniorSchool 0
Alta Vista Elementary ElementarySchool 0
Booker High HighSchool 0

Location

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