1853 4th Street

Sarasota, FL 34236

$3,975,000
Price
3
Beds
2
Baths
1,284 Sq. Ft.
$3,096 / Sq. Ft.
1,284
Sq. Ft.
$3,096
per Sq. Ft.

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;...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.
  1. Listed by Sabrina Payton-Turner • ALIGN RIGHT REALTY SRQ OPULENCE
  2. Listed by Susan Garrabrant Caceres • ALIGN RIGHT REALTY SRQ OPULENCE

Property Details for 1853 4th Street

Subdivision Name
MATHENY SUB
Township
36
Carport Spaces
1
View
City, Trees/Woods
Waterfront
No

Location

Listing Courtesy of ALIGN RIGHT REALTY SRQ OPULENCE, Sabrina Payton-Turner; ALIGN RIGHT REALTY SRQ OPULENCE, Susan Garrabrant Caceres
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LISTING UPDATED: 08/24/2023 08:29 AM

Property Details for 1853 4th Street

StatusActive
MLS #A4579722
Days on Market258
Taxes$6,246 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1962
Lot Size0.60 AC / 26,250 SF
CountySarasota County

Location

Listing Courtesy of ALIGN RIGHT REALTY SRQ OPULENCE, Sabrina Payton-Turner; ALIGN RIGHT REALTY SRQ OPULENCE, Susan Garrabrant Caceres
Add your commute

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Building Information for 1853 4th Street

Stories-Year Built1962Building Size-Lot Size0.60 AC / 26,250 SF

Payment Calculator

$22,214 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,693

Property Taxes

$521

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1853 4th Street

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1727.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • 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.
  • Elementary School: Alta Vista Elementary
  • Middle Or Junior School: Booker Middle
  • High School: Booker High
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Subdivision Num: 124
  • SW Subdiv Community Name: Matheneys Sub
  • Unit Number: No
  • Street Number: 1853
  • Street Name: 4TH
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
  • Parking Features: Covered, Driveway
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Pet Restrictions: No pet restrictions
  • Tax Block: 1
  • Tax 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
  • Tax Lot: 3,5,7
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, In City Limits, Level/Flat, Near Marina, Oversized Lot
  • Parcel Number: 2026090145
  • Total Acreage: 1/2 to less than 1
  • Water Access: No
  • Water Extras: No
  • Zoning: DTN
  • Living Area: 1284
Property and Assessments
  • Year Built Numeric: 1962
  • Flood Zone Code: X
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0133F
  • Homestead: Yes
  • New Construction: No
  • Number Of Lots: 3
  • Property Condition: Completed
  • Public Survey Range: 18
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal Frame, Wood Frame, Wood Siding
  • Exterior Features: French Doors
  • Fencing: Fenced, Wood
  • Foundation Details: Stem Wall
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped, Wooded
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Vinyl
  • Heating: Electric
  • Interior Features: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 5.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 2x2
  • Room Flooring 1: Vinyl
  • Room Level 1: First
  • Room Type 1: Living Room
Room 2
  • Room Dimensions 2: 2x2
  • Room Flooring 2: Vinyl
  • Room Level 2: First
  • Room Type 2: Master Bedroom
Room 3
  • Room Dimensions 3: 2x2
  • Room Flooring 3: Vinyl
  • Room Level 3: First
  • Room Type 3: Bedroom 1
Room 4
  • Room Dimensions 4: 2x2
  • Room Flooring 4: Vinyl
  • Room Level 4: First
  • Room Type 4: Bedroom 2
Room 5
  • Room Flooring 5: Vinyl
  • Room Level 5: First
  • Room Type 5: Kitchen
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 1853 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1853 4th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$6,692 ($558 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt1,284 SqFtAbove Grade Finished SqFt1,284 SqFtStories1Lot Size15,750 SqFtStyleSingle Family ResidenceYear Built1962Year Renovated1997ZoningDTNCountySARASOTAAPN2026-09-0145

Schools near 1853 4th Street

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Alta Vista Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Booker High School
Public9 to 12

Sarasota Military Academy
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1853 4th Street is a single family home for sale in Sarasota, FL 34236. This property was listed for sale on August 15, 2023 by ALIGN RIGHT REALTY SRQ OPULENCE, it's currently listed at $3,975,000. This listing's school district is Sarasota. Nearby schools include Alta Vista Elementary School, Booker Middle School and Booker High School. 1853 4th Street is a 3-bed, 2-bath, 1,284 sqft single family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ALIGN RIGHT REALTY SRQ OPULENCE, Sabrina Payton-Turner; ALIGN RIGHT REALTY SRQ OPULENCE, Susan Garrabrant Caceres

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.