Build your downtown Sarasota legacy on one of the largest and most strategically positioned parcels to come to market in Gillespie Park in years. This rare ±19,400 SF double lot (100' x 194') sits in the heart of one of Sarasota's most actively transforming neighborhoods, offering a blank canvas for… Read More contractors, custom builders, developers, and end users ready to capitalize on the city's most compelling infill corridor.
DTN (Downtown Neighborhood) zoning allows for this ±0.45-acre site the potential to support approximately 5 residential units, a luxury single-family estate, a multi-generational compound, or a boutique townhome project (buyer to verify all uses with the City of Sarasota). The two combined lots create a 100-foot-wide buildable footprint that is extraordinarily rare at this proximity to downtown.
Located in Flood Zone X, the property carries no mandatory flood insurance requirement and faces none of the elevation and construction cost burdens that affect so much of coastal Sarasota — a significant competitive advantage for any development pro forma. The site is clean and ready for permitting.
Gillespie Park is not an emerging neighborhood — it has arrived. Adjacent to the Rosemary District (Sarasota's most walkable neighborhood with a Walk Score of 88), the area is surrounded by completed and ongoing new construction. Residents walk to Main Street dining, the Sarasota Farmers Market, Whole Foods, Sprouts, Regal Cinema, the Van Wezel Performing Arts Hall, and The Bay — Sarasota's transformative 53-acre waterfront park. Siesta Key Beach is approximately 20 minutes away.
Opportunities to acquire nearly half an acre with this zoning flexibility, this location, and this lot dimension do not come along often. Whether you are a developer looking for your next high-margin project or a buyer ready to build a custom urban oasis, this is the site. Read Less
Courtesy of DOUGLAS ELLIMAN 941-867-6199
Listing Snapshot
Days Online
8
Last Updated
Property Type
Single Family Residence
Beds
8
Full Baths
3
Square Ft.
2,211
Lot Size
0.45 Acres
Year Built
1932
MLS Number
A4694609
Additional Details
Property Access
Road Surface: Gravel
Appliances & Equipment
Dryer, Electric Water Heater, Refrigerator, Washer
Building
Built in 1932, Living area: 2211, Living area units: Square Feet, Building faces South, Levels: One, Construction Materials: Frame
Cooling
Central Air
Exterior Features
Storage
Floors
Wood
Foundation
Crawlspace
Heating
Electric
Interior Features
Ceiling Fans(s)
Laundry
Common Area, Outside
Lot
0.45 acres
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 2026 08 0037, Public Survey Range: 18, Public Survey Section: 19, Annual Amount: $12,519, Tax Book Number: 4-9, Legal Description: LOTS 11 & 12 & ADJ VACATED S 1/2 OF ALLEY IN ORD 97-3988 GILLESPIE PARK, Lot: 11, Year: 2025, Zoning: DTN
Utilities
Electricity Connected, Public, Water Connected, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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