Thank you
David Crawford
CATALIST REALTY LLC
386-871-4600
Under contract-accepting backup offers. Located in the highly desirable downtown Sarasota area, this vacant lot presents a unique opportunity for investors and developers looking to build their dream property in one of the most coveted locations in the city. With its prime location just steps away from Gillespie Park and the sparkling waters of the bay, this rare lot which measures 58 ft x 101 ft has endless opportunities! The lot's zoning allows for a range of building opportunities, making it an attractive option for those looking to create a unique investment property or a dream home in the heart of downtown Sarasota. The Downtown Neighborhood Zoning (DTN) district is primarily residential but also allows for a mixture of land uses. Residential dwellings may be single-family or multiple-family up to a maximum of 12 dwelling units per acre. In addition to a primary residential structure, an ancillary outbuilding is permitted on each lot. Low-intensity office, retail and lodging uses may be permitted in limited amounts. Retail stores are confined to corner lots. Other nonresidential uses that contribute to the residential attributes of a neighborhood are also allowed. Building height shall be limited to a maximum of three stories. Building frontages include porches, fences and terraces. This property's location in the heart of downtown Sarasota means that it is just minutes away from some of the best restaurants, shopping, and entertainment in the area, as well as some of the city's most popular cultural attractions. The lot's proximity to Sarasota bay and Gillespie Park also makes it a prime location for those who love the outdoors, offering easy access to some of Sarasota's most beautiful natural areas, including the ongoing reimagination of the 53 acre Bay project which will be a world class public space. Property can be purchased individually or as a package with the adjoining 3 parcels which make up the entire block between 4th and 5th Streets on Osprey Avenue. Additional MLS Listings: A4568514, A4568787, A4568988. Drone photos show all 4 contiguous properties outlined for reference.
WaterSource: Public
Lot Dimensions: 58x101
Lot Square Feet: 5807
Lot Acres: 0.13
Lot Size (SqMt): 539
Property Type: Land
Original List Price: $399900
Tax Block: 1
Tax Lot: 1
Tax Legal Description: N 57.5 FT OF LOTS 11 & 12, BLK 3, CENTRAL PARK SUB UNIT 1
Annual Tax: $3301
Tax Year: 2022
Parcel Number: 2026100101
BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water Source: Public
Subdivision: CENTRAL PARK SUB
City: SARASOTA
Direction: From Fruitville Rd turn North onto N. Osprey Ave. Destination will be on the left between 4th and 5th Street.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1469 5th Street #202, Sarasota, FL,34236 | $1,679,000 | 3 | 2 | 1,850 | 0.12 Acre |
1469 5th Street #102, Sarasota, FL,34236 | $995,000 | 2 | 2 | 1,150 | 0.12 Acre |
1469 5th Street #302, Sarasota, FL,34236 | $1,724,000 | 3 | 2 | 1,850 | 0.12 Acre |
162 Emerson Drive, Sarasota, FL,34236 | $10,000,000 | -- | -- | 20,250 | 0.46 Acre |
430 Kumquat Court #202, Sarasota, FL,34236 | $1,030,600 | 2 | 2 | 1,057 | -- |
430 Kumquat Court #308, Sarasota, FL,34236 | $1,166,100 | 2 | 3 | 1,196 | -- |
430 Kumquat Court #410, Sarasota, FL,34236 | $1,701,500 | 3 | 4 | 1,745 | -- |
1469 5th Street #304, Sarasota, FL,34236 | $1,796,000 | 3 | 3 | 1,850 | 0.12 Acre |
845 Benjamin Franklin D.., Sarasota, FL,34236 | $569,000 | 2 | 2 | 991 | -- |
35 Watergate Drive #701, Sarasota, FL,34236 | $3,300,000 | 3 | 3 | 3,751 | -- |
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Based on information submitted to the MLS GRID as of 05/04/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
ByOwner last updated this listing 05/04/2024 @ 06:20
MLS: MFRMLS #A4568989
LISTED BY: David Crawford, CATALIST REALTY LLC
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.