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$1,600,000
HOA: NoneTaxes: $8,125/yr516d on market
0 Baths
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✨ This home matches what most buyers are looking for in this area.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • 516+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

Rare Downtown Sarasota Development Opportunity in Gillespie Park. Offered at $1,600,000, this rare development opportunity includes TWO parcels being sold together totaling approximately 22,585 SF (0.52± acres) in a rapidly redeveloping area of Downtown Sarasota. Located at 1705 6th Street and the adjacent Goodrich Avenue parcel, the property is zoned DTN (Downtown Neighborhood), allowing for a variety of potential residential development opportunities, subject to City of Sarasota approval. Potential uses may include luxury single-family residences, townhomes, cottage-style development, multifamily residential, or other permitted DTN uses. The site is cleared, level, and positioned just minutes from Downtown Sarasota, The Bay Park, Rosemary District, Main Street, St. Armands Circle, Lido Beach, and Sarasota Bay. Gillespie Park continues to experience significant redevelopment activity, with strong demand for new residential product driven by walkability, proximity to downtown, and limited available land. With over 22,500 SF of combined land area, opportunities of this size and scale within Sarasota's urban core are increasingly difficult to find. Investor and developer package available upon request. Buyer to independently verify all zoning, density, development, utility, permitting, and other property-related information with the City of Sarasota.

Subdivision
INWOOD PARK
County
Sarasota
Zip Code
34236
Community
Inwood Park
Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • City Limits
  • Electricity Available
  • Other
  • Sewer Available
  • Water Available
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
No
Pet Restrictions
Lot Size
0.28 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$8,125
No HOA fees on this listing.
Down Payment20% — $320,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$8,090
HOA Fee
$0
Est. Property Tax
$677
Est. Insurance
$533
Total Est. Monthly Cost$9,301

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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