$3,975,000

1869 4th Street, Sarasota, FL 34236

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$3,975,000

1869 4th Street Sarasota, FL 34236

For Sale MLS# A4579725

0.12 AcresLot/Land

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Data current as of 24/04/2024 18:39:12

Details for 1869 4th Street

MLS# A4579725

Description for 1869 4th Street, Sarasota, FL, 34236


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.

Listing Information


Property Type: Lot/Land

Status: Active

Lot Size: 0.12 Acres

Subdivision: Matheny Sub

Current Use: Residential

County: Sarasota

Utilities


Water: Public

Sewer: Public Sewer

Other Utilities: Municipal Utilities

Exterior / Lot Features


Lot Dimensions: 50x105

Additional Exterior/Lot Features: City Lot, Rural Lot

Driving 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.

Financial Considerations


Tax/Property ID: 2026090085

Tax Amount: 2669.69

Tax Year: 2022

Price Changes


$3,975,000 Original Price
$3,975,000 Current Price
$0Total Change
Date Price Change
02/27/2024 04.47 PM $3,975,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

Schools nearby 1869 4th Street

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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