$1,870,000

1235/1245 4th Street

SARASOTA FL, 34236

Description

Calling all builders and developers! This is an opportunity you don't want to miss - become a part of the booming downtown Sarasota. This property is steps to the magnificent Bayfront, and it's planned $300,000,000., 53 acre park. Just steps in the other direction is everything the downtown has to offer, including theaters, restaurants, shopping, marina and so much more. Numerous residential and commercial projects are now under construction or in the planning stage. Condominiums, apartments, hotels and more retail are either starting or recently completed. Property is zoned DTC, which permits 10 stories with 12 residential units and first floor commercial. Although the value is in the land, there are currently four occupied residential rental units on the property (please do not disturb the tenants).

Details

MLS#A4452043
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site408

Features

ZoningDTC
Acreage10500.00
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Area Information
StateFL
CitySARASOTA
Zip Code34236
Area34236 - Sarasota
Listing VS Median (in 34236)
Price:
$1,870,000
low | high
Med:
$699,000
100% of Average
On Site:
408
low | high
Med:
307
100% of Average
Listing Updated: February 3, 2020 9:05:33 PM PST
Jim Moynihan LogoMLS Number: A4452043
Listing Provided By:
Jim Moynihan  of  PARTNERS REALTY OF SARASOTA

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