$575,000

Zoned DTE (Downtown Edge) in Sarasota's Gillespie Park neighborhood, this approximately 6,600-square-foot parcel offers rare downtown development flexibility. Under the City's DTE base density of 25 units an acre, the site supports up to 3 units by right. Buyers are responsible for confirming applicable review requirements with the City of Sarasota. For greater density, Sarasota's Downtown Attainable Housing Density Bonus program allows DTE properties to reach up to 100 units an acre, or approximately 15 units on this site, once the attainable-housing requirements are satisfied. The program requires a minimum of .15 of the additional units above base density (so 2 of 15 units)—not the entire development—to be designated attainable for at least 30 years, subject to the City's income-tier requirements. Buyers should verify the required attainable-unit count for their proposed development. Conceptual layouts are available for a 3-unit development and a 12-unit residential building. Buyers may also explore development of up to approximately 15 units under the density bonus program, subject to design feasibility and City requirements. Concepts are illustrative and are not approved development plans. The property is located within a federally designated Opportunity Zone, offering potential tax advantages for qualifying investments. Buyers should consult their tax advisor regarding eligibility, investment timing, and applicable federal transition rules. A rare opportunity to secure a flexible, high-potential parcel in one of Sarasota's most dynamic downtown-adjacent neighborhoods. Zoned DTE (Downtown Edge) in Sarasota's Gillespie Park neighborhood, this approximately 6,600-square-foot parcel offers rare downtown development flexibility. Under the City's DTE base density of 25 units an acre, the site supports up to 3 units by right. Buyers are responsible for confirming applicable review requirements with the City of Sarasota. For greater density, Sarasota's Downtown Attainable Housing Density Bonus program allows DTE properties to reach up to 100 units an acre, or approximately 15 units on this site, once the attainable-housing requirements are satisfied. The program requires a minimum of .15 of the additional units above base density (so 2 of 15 units)—not the entire development—to be designated attainable for at least 30 years, subject to the City's income-tier requirements. Buyers should verify the required attainable-unit count for their proposed development. Conceptual layouts are available for a 3-unit development and a 12-unit residential building. Buyers may also explore development of up to approximately 15 units under the density bonus program, subject to design feasibility and City requirements. Concepts are illustrative and are not approved development plans. The property is located within a federally designated Opportunity Zone, offering potential tax advantages for qualifying investments. Buyers should consult their tax advisor regarding eligibility, investment timing, and applicable federal transition rules. A rare opportunity to secure a flexible, high-potential parcel in one of Sarasota's most dynamic downtown-adjacent neighborhoods.

$650,000

Rare opportunity to acquire a 9,200 SF double lot in one of Downtown Sarasota’s most desirable and rapidly evolving neighborhoods. Located just steps from the 10-acre Gillespie Park, this property offers exceptional potential in an area experiencing significant investment and redevelopment. Residents enjoy easy access to tennis and basketball courts, a scenic pond, dog park, fitness trail, playground, and shaded walking paths beneath majestic oak trees. The property is within walking distance of Downtown Sarasota’s restaurants, galleries, shopping, and entertainment venues, and only 0.7 miles from Sarasota Bay and The Bay, the city’s signature waterfront park. With no HOA, no deed restrictions, DTN (Downtown Neighborhood) zoning, and potential benefits under Florida’s Live Local Act, this property offers outstanding flexibility for a variety of residential development opportunities. The location provides convenient access to Sarasota’s vibrant cultural scene, including the Westcoast Black Theatre Troupe, Sarasota Orchestra, Bayfront Marina, and the city’s renowned arts and dining districts. Whether you are looking to build now or secure land in one of Sarasota’s most dynamic growth corridors, this oversized double lot presents a rare opportunity in the heart of Downtown Sarasota. Adjacent home is also available for purchase. Combined, the properties would create four contiguous lots totaling approximately 19,200 SF (0.44 acres), presenting an exceptional assemblage opportunity for future development. Rare opportunity to acquire a 9,200 SF double lot in one of Downtown Sarasota’s most desirable and rapidly evolving neighborhoods. Located just steps from the 10-acre Gillespie Park, this property offers exceptional potential in an area experiencing significant investment and redevelopment. Residents enjoy easy access to tennis and basketball courts, a scenic pond, dog park, fitness trail, playground, and shaded walking paths beneath majestic oak trees. The property is within walking distance of Downtown Sarasota’s restaurants, galleries, shopping, and entertainment venues, and only 0.7 miles from Sarasota Bay and The Bay, the city’s signature waterfront park. With no HOA, no deed restrictions, DTN (Downtown Neighborhood) zoning, and potential benefits under Florida’s Live Local Act, this property offers outstanding flexibility for a variety of residential development opportunities. The location provides convenient access to Sarasota’s vibrant cultural scene, including the Westcoast Black Theatre Troupe, Sarasota Orchestra, Bayfront Marina, and the city’s renowned arts and dining districts. Whether you are looking to build now or secure land in one of Sarasota’s most dynamic growth corridors, this oversized double lot presents a rare opportunity in the heart of Downtown Sarasota. Adjacent home is also available for purchase. Combined, the properties would create four contiguous lots totaling approximately 19,200 SF (0.44 acres), presenting an exceptional assemblage opportunity for future development.

$625,000

RARE _L_A_N_D_ prime development opportunity in #GillespiePark . this Downtown Edge zoning district is ripe with new development and investment everywhere you turn. perfect placement for walk.bike.uber to THE BAY new 53 acre park-Gillespie Park-Bayfront Park & Marina-Ringling College of Art-Ringling Museum-Downtown District-Rosemary District-Van Wezel-St Armands cooridor-Lido Key cooridor-Longboat Key cooridor. Oh don’t forget transportation hub SRQ Sarasota Bradenton Airport proximity. Interstate 75 via straight shot down Fruitville Rd. note: this lot currently hosts a single family home and month to month tenant-but-the Florida Live Local Act-possible housing credits-and new Sarasota density bonuses could allow for greater multifamily density OR rebuild your next spec single family. this is your chance to be a part of reshaping the next 100 years in DTE. muy importante-FLOOD zone X. all information presented within listing is believed to be accurate but buyer must verify for themselves. RARE _L_A_N_D_ prime development opportunity in #GillespiePark . this Downtown Edge zoning district is ripe with new development and investment everywhere you turn. perfect placement for walk.bike.uber to THE BAY new 53 acre park-Gillespie Park-Bayfront Park & Marina-Ringling College of Art-Ringling Museum-Downtown District-Rosemary District-Van Wezel-St Armands cooridor-Lido Key cooridor-Longboat Key cooridor. Oh don’t forget transportation hub SRQ Sarasota Bradenton Airport proximity. Interstate 75 via straight shot down Fruitville Rd. note: this lot currently hosts a single family home and month to month tenant-but-the Florida Live Local Act-possible housing credits-and new Sarasota density bonuses could allow for greater multifamily density OR rebuild your next spec single family. this is your chance to be a part of reshaping the next 100 years in DTE. muy importante-FLOOD zone X. all information presented within listing is believed to be accurate but buyer must verify for themselves.