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.
Property Details
Property Features
Property Information:
Year Built: 1962
Living Area: 1,284 SqFt
Listing Office:
Office Name: ALIGN RIGHT REALTY SRQ OPULENCE
Office Phone: (941) 362-3300
Listing Agent: Sabrina Payton-Turner
Interior Features
Interior Information:
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Flooring Type: Vinyl
Interior: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: City, Trees/Woods
Exterior: French Doors
Parking Information:
Attached Garage: No
Parking: Covered, Driveway
Virtual/3D Tour
Virtual Tour: 1853 4th St
Virtual Tour
Lot Features
Lot Information:
Lot: Cleared, Corner Lot, City Lot, Level, Near Marina, Oversized Lot
Lot Size: 0.60 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: Central Air
School Info
Assigned Schools Information:
Booker High School, Public Magnet Grades 9-12
Booker Middle School, Public Magnet Grades 6-8
Alta Vista Elementary School, Public District Grades PK-5
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $3,975,000
Price Per SqFt: $3,096/SqFt
Tax Information:
Annual Amount: $6,718
Tax Year: 2020
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Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sarasota, FL.
This property is $3.4M more than the Median Sold Price and $2.7K/SqFt more than other homes in Sarasota, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #A4579722
Listing Office:
Office Name: ALIGN RIGHT REALTY SRQ OPULENCE
Office Phone: (941) 362-3300
Listing Agent: Sabrina Payton-Turner
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Last updated on: 5/6/2024, 9:19:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 23, 2015
Sep 23, 2015Home Sold
$215,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,718
$443,880
2019
$6,542
$433,900
2018
$6,977
$459,900
2017
$5,201
$306,500
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Alta Vista Elementary School
1050 S Euclid Ave
Distance between this listing and this school1.42 miles
Public District Grades PK-5
Middle School
2
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school2.06 miles
Public Magnet Grades 6-8
High School
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school1.76 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Alta Vista Elementary School
1050 S Euclid Ave
Distance between this listing and this school1.42 miles
Public District Grades PK-5
Nearby Schools
3
/10
Tuttle Elementary School
2863 8th St
Distance between this listing and this school1.35 miles
Public District Grades PK-5
4
/10
Emma E. Booker Elementary School
2350 Dr Martin Luther King Way
Distance between this listing and this school1.37 miles
Public District Grades PK-5
Assigned Schools
2
/10
Booker Middle School
2250 Myrtle St
Distance between this listing and this school2.06 miles
Public Magnet Grades 6-8
Nearby Schools
7
/10
Sarasota School of Arts/Sciences
645 Central Ave
Distance between this listing and this school0.61 miles
Public Charter Grades 6-8
2
/10
Suncoast School For Innovative Studies
845 S School Ave
Distance between this listing and this school0.98 miles
Public Charter Grades PK-8
Assigned Schools
3
/10
Booker High School
3201 N Orange Ave
Distance between this listing and this school1.76 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Sarasota Military Academy
801 N Orange Ave
Distance between this listing and this school0.43 miles
Public Charter Grades 9-12
4
/10
Sarasota High School
1000 S School Ave
Distance between this listing and this school1.11 miles
The neighbors living near this home have an average income of $31,966. The majority of Sarasota, FL residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1853 4th St
What is the listing price of this property?
The listing price of 1853 4th St property is $3,975,000.
What type of property is this?
The property 1853 4th St is a house located in Sarasota, Florida, 34236.
Is this property for sale now?
Active Listing: 1853 4th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1853 4th St are: Alta Vista Elementary School: GreatSchools Rating 6/10Booker Middle School: GreatSchools Rating 2/10Booker High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,718 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 23, 2015 for $215,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1853 4th St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1853 4th St is 1,284 SqFt (source: MLS/tax record).
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This home is located at 1853 4th St in Sarasota, FL and zip code 34236 in the Gillespie Park neighborhood. This 1,284 square foot home, which was built in 1962, sits on a 0.60 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 15, 2023 and is currently priced at $3,975,000.
While more than 41 listings in Sarasota, FL in April 2024 were sold above asking price, there were more than 90 listings sold at asking price, and more than 462 were sold below. Between March 2024 and April 2024, Sarasota, FL real estate market has seen decrease in the number of listings by 1.8%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $519,031.
From Rocket Homes Real Estate and based on county public records data.