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Additional details

Keith Francis

keith@roundtablerealty.com +1(904) 874-2066

$ 999,999

Est. payment | -/mo

8 Beds

3 Baths

2,211 SqFt

Save Virtual Tour

$ 999,999

Est. payment | -/mo

Save Virtual Tour

8 Beds

3 Baths

2,211 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 2,211 sqft

Price per Sqft $452

Subdivision Gillespie Park Sub

MLS Listing ID A4694609

Bedrooms 8

Full Baths 3

HOA Y/N No

Year Built 1932

Annual Tax Amount $12,519

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Build your downtown Sarasota legacy on one of the largest and most strategically positioned parcels to come to market in Gillespie Park in years. This rare ±19,400 SF double lot (100' x 194') sits in the heart of one of Sarasota's most actively transforming neighborhoods, offering a blank canvas for contractors, custom builders, developers, and end users ready to capitalize on the city's most compelling infill corridor.

DTN (Downtown Neighborhood) zoning allows for this ±0.45-acre site the potential to support approximately 5 residential units, a luxury single-family estate, a multi-generational compound, or a boutique townhome project (buyer to verify all uses with the City of Sarasota). The two combined lots create a 100-foot-wide buildable footprint that is extraordinarily rare at this proximity to downtown.

Located in Flood Zone X, the property carries no mandatory flood insurance requirement and faces none of the elevation and construction cost burdens that affect so much of coastal Sarasota — a significant competitive advantage for any development pro forma. The site is clean and ready for permitting.

Gillespie Park is not an emerging neighborhood — it has arrived. Adjacent to the Rosemary District (Sarasota's most walkable neighborhood with a Walk Score of 88), the area is surrounded by completed and ongoing new construction. Residents walk to Main Street dining, the Sarasota Farmers Market, Whole Foods, Sprouts, Regal Cinema, the Van Wezel Performing Arts Hall, and The Bay — Sarasota's transformative 53-acre waterfront park. Siesta Key Beach is approximately 20 minutes away.

Opportunities to acquire nearly half an acre with this zoning flexibility, this location, and this lot dimension do not come along often. Whether you are a developer looking for your next high-margin project or a buyer ready to build a custom urban oasis, this is the site.

Location

State FL

County Sarasota

Community Gillespie Park Sub

Area 34236 - Sarasota

Zoning DTN

Interior

Interior Features Ceiling Fans(s)

Heating Electric

Cooling Central Air

Flooring Wood

Furnishings Unfurnished

Fireplace false

Appliance Dryer, Electric Water Heater, Refrigerator, Washer

Laundry Common Area, Outside

Exterior

Exterior Feature Storage

Utilities Available Electricity Connected, Public, Water Connected

Roof Type Shingle

Exposure South

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

Elementary Schools Alta Vista Elementary

Middle Schools Booker Middle

High Schools Booker High

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4694609

Listed by Vincent LaMaida DOUGLAS ELLIMAN

NEARBY SCHOOLS & PROPERTIES

"People Before Property"

Assisting buyers and sellers in achieving their goals is literally what I love to do!

+1(904) 469-7653

admin@roundtablerealty.com

1637 Racetrack Rd, Jacksonville, FL, 32259

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1817 6 TH ST Sarasota, FL 34236