Views
Address
1853 4th STREET, SARASOTA, FL
Price
$ 3,975,000
Property Attributes
  • MLS#A4579722
  • TypeSingle Family
  • CountySARASOTA
  • CitySARASOTA
  • AreaSarasota
  • NeighborhoodMatheny Sub
  • Zip34236
  • StyleSingle Family Residence
  • Year Built1962
  • Taxes$ 6246
  • Price$ 3,975,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1284
  • Lot Size0.6 Acres
Data Source:
Stellar MLS
Property Description

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.

Elementary School Middle School High School
Alta Vista Elementary Booker Middle Booker High
Price History
8/16/2023 Listed $3,975,000

General Features

Interior Features Ceiling Fan(s),Primary Bedroom Main Floor,Open Floorplan,Solid Surface Counters,Thermostat,Window Treatments
Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Appliances Cooktop,Dishwasher,Dryer,Electric Water Heater,Microwave,Range Hood,Refrigerator,Washer
Exterior Features French Doors
Zoning DTN
Construction Materials Metal Frame,Wood Frame,Wood Siding
Year Built 1962
View City,Trees/Woods
Levels One
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Fee Simple
County Sarasota
New Construction No
Property Type Residential
HOA / Comm Assn No
Attached Garage No
Subdivision Name MATHENY SUB
Facing Direction South
Garage Y/N No
Total Rooms 5
Status Active
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
High School Booker High
City SARASOTA
Buyer Agent Compensation 3%
Senior Community Y/N No
MLS Area 34236 - Sarasota
Lot Size Square Feet 26250
Private Pool No
Waterfront Y/N No
Carport Spaces 1
Carport Y/N Yes
Street Name 4th
Listing Terms Cash,Conventional
Elementary School Alta Vista Elementary
Tax Annual Amount 6246.39
Middle/Junior High School Booker Middle
Property Condition Completed
Public Remarks 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 Nei
Lease Considered Y/N Yes
Virtual Tour https://youtu.be/_xlA3s7nw7A
Days on Market 157
Standard Status Active
Tax Lot 3,5,7
Virtual Tour https://www.gillespieparkproject.com/
Legal Description LOTS 3,5 & 7,MATHENY SUB,SUB OF LOTS 16 & 18,BLK K,PLAT OF SARASOTA,BEING A PORTION OF LANDS DESC IN ORI 2004042310
Minimum Lease 1 Month

Interior Features

Flooring Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Street Suffix STREET
Laundry Features Inside
Total Bedrooms 3
LivingAreaSource Public Records
Total Baths 2
Living Area Units Square Feet

Exterior Features

Fencing Fenced,Wood
Parking Features Covered,Driveway
Lot Features Cleared,Corner Lot,City Lot,Level,Near Marina,Oversized Lot
Water Source Public
Lot Size Area 26250
Foundation Details Stem Wall
Spa No
Building Area Total 1727
Lot Size Acres 0.6
Road Surface Type Paved
Lot Size Units Square Feet
Covered Spaces 1
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34236

Price
AVG $3.81M
$3.98M
Taxes
AVG $20,753
$6,246
Visits
AVG 1079
1256
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1962
Walkscore
AVG 57
89
Data Provided by Walkscore® not using MLS data

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