Listing provided courtesy of DOUGLAS ELLIMANas Distributed by MLSGrid- MLS# MFRA4635694MLS Provider

1705 6TH STREETSARASOTA, FL 34236

Vacant Land · 0.28 Acres
$1,600,000 Active

1705 6TH STREET Overview

Time on Site:
529 days
Visits:
0

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.

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1705 6TH STREET Facts & Features

  • Type Vacant Land
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34236 - Sarasota
  • Subdivision Name: INWOOD PARK
  • Township: 36

Tax Information

  • Tax Annual Amount: 8125
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 2026070079
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: DTN

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels Description: 2026070078
  • Additional Parcels: Yes
  • Lot Features: City Limits
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 87.2 x 138.5
  • Lot Size Square Feet: 12077
  • Number Of Lots: 2
  • Road Surface Type: Asphalt,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Other,Sewer Available,Water Available

1705 6TH STREET Neighborhood

Community

34236 (SARASOTA) Demographics

67
Median Age
1,633
Population Density (per sq. mile)
64%
College Educated
$80,761
Estimated Median Income
4,713
Estimated Total Home Owners
2,939
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1705 6TH STREET Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1705 6TH STREET Market Data

Based on the last 30 days in this zip code

$3,322,032
Average List Price
$1,279
Average Price per Square Foot
52
Properties Sold
266
Average Days on Market
584
Properties for Sale
Calculations provided by Reliance Network

1705 6TH STREET History

Date Event Value Agent
1/17/2025Source: My Florida Regional MLS Added to Database
January 17, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022