Active

$1,600,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRA4635694
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$1,600,000
HOA Fee:
N/A
Tax Amount:
$8125
Price per SqFt:
$132.48
Tax Legal Description:
W 138.5 FT LOT 15, BLK O, LESS W 20 FT THEREOF, LESS N 75 FT THEREOF, INWOOD PARK, BEING SAME LANDS AS DESC IN ORI 2016114743
Exterior Features
Lot Size:
12077
Lot Features:
City Limits
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1705 6TH ST
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