Hi There! Is this Your First Time?
Did you know if you Register Now to access our FREE search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
1853 4th Street
SARASOTA, FL 34236
- Price$3,975,000
- Beds3
- Baths2
- SQ. Feet1,284
- Acres0.60
- Built1962
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.
Get in Touch for More Information about this Property
- MLS® #A4579722
- Price$3,975,000
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage1,284
- Acres0.60
- Year Built1962
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
- ParkingCovered, Driveway
- ViewCity, Trees/Woods
- Exterior FeaturesFrench Doors
- Lot DescriptionCleared, Corner Lot, City Limits, Level, Near Marina, Oversized Lot
- RoofShingle
- FoundationStem Wall
- Days on Market256
- ZoningDTN
- Address1853 4th Street
- AreaSarasota
- SubdivisionMATHENY SUB
- CitySARASOTA
- CountySarasota
- StateFL
- Zip Code34236
- Interior FeaturesCeiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
- AppliancesCooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- HeatingElectric
- CoolingCentral Air
- ElementaryAlta Vista Elementary
- MiddleBooker Middle
- HighBooker High