1869 4th Street

Sarasota, FL 34236

$3,975,000
Price
5,250 / 0.12
Lot Size / Acres

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 1869 4th Street

Subdivision Name
MATHENY SUB
Township
36
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 08:31 AM

Property Details for 1869 4th Street

StatusActive
MLS #A4579725
Days on Market258
Taxes$2,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.12 AC
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

Virtual Tour

Building Information for 1869 4th Street

Lot Size0.12 AC

Payment Calculator

$21,916 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,693

Property Taxes

$223

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1869 4th Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • 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.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Subdivision Num: 124
  • SW Subdiv Community Name: Matheny Sub
  • Street Number: 1869
  • Street Name: 4TH
  • Street Suffix: STREET
  • State: FL
  • City: SARASOTA
Taxes and HOA Information
  • Association: No
  • Tax Book Number: A/66
  • Tax Legal Description: 1869 4TH ST LOT 9 MATHENY SUB, SUB OF LOTS 16 18 BLK K POS
  • Tax Lot: 9
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In City Limits, In County, Street Paved
  • Lot Size Dimensions: 50x105
  • Parcel Number: 2026090085
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: DTN
  • Lot Dimensions: 50x105
Property and Assessments
  • Flood Zone Code: X
  • Number Of Lots: 1
  • Public Survey Range: 18
  • Public Survey Section: 19
Utilities
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Front Footage: 50
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for 1869 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 1869 4th Street

Taxable ValueLand$295,300Additions-Total$295,300
Tax Record2023$2,923 ($244 / month)
Home Facts
Beds0Lot Size5,250 SqFtStyleResidentialZoningDTNCountySARASOTAAPN2026-09-0085

Schools near 1869 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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1869 4th Street is a 0.12 ac of land 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. It has been on the market for a total of 258 days and was last sold on December 23, 2013. This listing's school district is Sarasota. Nearby schools include Alta Vista Elementary School, Booker Middle School and Booker High School. 1869 4th Street is a 0-bed, 0-bath, 0.12 ac of land on a 5,250 sq. ft. / 0.12 acres lot.

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.