$1,300,000 DOWNTOWN SARASOTA DEVELOPMENT OPPORTUNITY | GILLESPIE PARK | 0.52 ACRES | TWO-PARCEL ASSEMBLAGE An opportunity to acquire a 22,465-square-foot (approximately 0.52-acre) residential development site in Sarasota's established Gillespie Park neighborhood, just north of downtown Sarasota. This cleared corner assemblage consists of two adjoining parcels at 1705 6th Street and 624 Goodrich Avenue, offered together for $1,300,000. Both parcels must be purchased together and are not available individually. LOCATION | DOWNTOWN CONVENIENCE, RESIDENTIAL CHARACTER Positioned near Sarasota's Rosemary District and downtown Main Street, this property combines the character of an established neighborhood with access to the city's restaurants, cafés, shopping, galleries and cultural attractions. Whole Foods Market, the Sarasota Bayfront, Bayfront Park and Marina Jack are among the nearby destinations offering dining, waterfront recreation and boating opportunities. For residential developers, this location presents an opportunity to explore boutique urban infill housing designed around the appeal of downtown living with the privacy, outdoor space and independence of a single-family residence. DEVELOPMENT POTENTIAL | DETACHED HOMES OR ATTACHED RESIDENTIAL The primary conceptual development scenario explores four to five detached, fee-simple residences, potentially incorporating private pools, garages and outdoor living areas. At the $1,300,000 asking price, the conceptual land acquisition basis ranges from approximately $260,000 to $325,000 per residence, before development costs. An alternative concept explores approximately six attached residential units, potentially configured as townhomes or small-scale multifamily residences. Both scenarios require independent feasibility analysis and City of Sarasota review and approval. INVESTMENT HIGHLIGHTS The property is reported to have Downtown Neighborhood (DTN) zoning and offers a corner location with approximately 0.52 acres of combined land area. Its proximity to downtown Sarasota and the Rosemary District provides a setting for evaluating residential redevelopment, new construction homes, boutique townhomes or other permitted residential uses. Whether considering a small residential subdivision, detached luxury homes or an attached residential development, this two-parcel assemblage offers an opportunity to evaluate multiple development strategies in a downtown-adjacent Sarasota location. IMPORTANT PROPERTY INFORMATION The offering includes both 1705 6th Street and 624 Goodrich Avenue for one combined purchase price of $1,300,000. Architectural images and renderings are conceptual illustrations only and do not represent approved plans or existing improvements. All development concepts, proposed unit counts and potential configurations are preliminary and subject to applicable regulations and approvals. Buyer to independently verify land area, parcel boundaries, zoning, density, lot division, setbacks, parking, utilities, permitted uses, development feasibility and all applicable requirements with the City of Sarasota and other relevant authorities. No development entitlement, approval or unit count is guaranteed. Inwood Park SubDv. ⋅ 34236 Zip Code DOWNTOWN SARASOTA DEVELOPMENT OPPORTUNITY | GILLESPIE PARK | 0.52 ACRES | TWO-PARCEL ASSEMBLAGE An opportunity to acquire a 22,465-square-foot (approximately 0.52-acre) residential development site in Sarasota's established Gillespie Park neighborhood, just north of downtown Sarasota. This cleared corner assemblage consists of two adjoining parcels at 1705 6th Street and 624 Goodrich Avenue, offered together for $1,300,000. Both parcels must be purchased together and are not available individually. LOCATION | DOWNTOWN CONVENIENCE, RESIDENTIAL CHARACTER Positioned near Sarasota's Rosemary District and downtown Main Street, this property combines the character of an established neighborhood with access to the city's restaurants, cafés, shopping, galleries and cultural attractions. Whole Foods Market, the Sarasota Bayfront, Bayfront Park and Marina Jack are among the nearby destinations offering dining, waterfront recreation and boating opportunities. For residential developers, this location presents an opportunity to explore boutique urban infill housing designed around the appeal of downtown living with the privacy, outdoor space and independence of a single-family residence. DEVELOPMENT POTENTIAL | DETACHED HOMES OR ATTACHED RESIDENTIAL The primary conceptual development scenario explores four to five detached, fee-simple residences, potentially incorporating private pools, garages and outdoor living areas. At the $1,300,000 asking price, the conceptual land acquisition basis ranges from approximately $260,000 to $325,000 per residence, before development costs. An alternative concept explores approximately six attached residential units, potentially configured as townhomes or small-scale multifamily residences. Both scenarios require independent feasibility analysis and City of Sarasota review and approval. INVESTMENT HIGHLIGHTS The property is reported to have Downtown Neighborhood (DTN) zoning and offers a corner location with approximately 0.52 acres of combined land area. Its proximity to downtown Sarasota and the Rosemary District provides a setting for evaluating residential redevelopment, new construction homes, boutique townhomes or other permitted residential uses. Whether considering a small residential subdivision, detached luxury homes or an attached residential development, this two-parcel assemblage offers an opportunity to evaluate multiple development strategies in a downtown-adjacent Sarasota location. IMPORTANT PROPERTY INFORMATION The offering includes both 1705 6th Street and 624 Goodrich Avenue for one combined purchase price of $1,300,000. Architectural images and renderings are conceptual illustrations only and do not represent approved plans or existing improvements. All development concepts, proposed unit counts and potential configurations are preliminary and subject to applicable regulations and approvals. Buyer to independently verify land area, parcel boundaries, zoning, density, lot division, setbacks, parking, utilities, permitted uses, development feasibility and all applicable requirements with the City of Sarasota and other relevant authorities. No development entitlement, approval or unit count is guaranteed. 1705 6th Street, Sarasota
$715,000 Virtually Staged. One or more photo(s) has been virtually staged. Live, invest, and work in the heart of downtown Sarasota. This beautifully renovated 1925 triplex is located in Gillespie Park and offers exceptional flexibility with short-term rentals allowed. Fully updated inside and out, the property presents a rare turnkey opportunity in one of Sarasota’s most desirable and walkable neighborhoods. The exterior has been meticulously improved with new landscaping, stylish pavers, artificial turf, a new privacy fence, updated roof, updated electric meters, energy-efficient windows and doors, and a modern sand-finish exterior. These upgrades provide strong curb appeal and long-term durability. All three units have been completely remodeled and are offered fully furnished. Renovations include new drywall, new subflooring, updated electrical systems, newer HVAC units, modern flooring, new kitchen cabinets, sleek appliances, updated bathroom vanities, toilets, showers, and fresh interior paint throughout. Each unit is move-in ready and designed for low maintenance and operational efficiency. The location offers unmatched convenience. Ideal for investors seeking strong income potential, or for an owner-occupant looking to live in one unit while renting the others. One or more photo(s) have been virtually staged. 3 Beds ⋅ 3 Baths ⋅ Inwood Park SubDv. ⋅ 34236 Zip Code Virtually Staged. One or more photo(s) has been virtually staged. Live, invest, and work in the heart of downtown Sarasota. This beautifully renovated 1925 triplex is located in Gillespie Park and offers exceptional flexibility with short-term rentals allowed. Fully updated inside and out, the property presents a rare turnkey opportunity in one of Sarasota’s most desirable and walkable neighborhoods. The exterior has been meticulously improved with new landscaping, stylish pavers, artificial turf, a new privacy fence, updated roof, updated electric meters, energy-efficient windows and doors, and a modern sand-finish exterior. These upgrades provide strong curb appeal and long-term durability. All three units have been completely remodeled and are offered fully furnished. Renovations include new drywall, new subflooring, updated electrical systems, newer HVAC units, modern flooring, new kitchen cabinets, sleek appliances, updated bathroom vanities, toilets, showers, and fresh interior paint throughout. Each unit is move-in ready and designed for low maintenance and operational efficiency. The location offers unmatched convenience. Ideal for investors seeking strong income potential, or for an owner-occupant looking to live in one unit while renting the others. One or more photo(s) have been virtually staged. 1862 6th Street, Sarasota
$715,000 Virtually Staged. Live, invest, and work in the heart of downtown Sarasota. This beautifully renovated 1925 triplex is located in Gillespie Park and offers exceptional flexibility with short-term rentals allowed. Fully updated inside and out, the property presents a rare turnkey opportunity in one of Sarasota’s most desirable and walkable neighborhoods. The exterior has been meticulously improved with new landscaping, stylish pavers, artificial turf, a new privacy fence, updated roof, updated electric meters, energy-efficient windows and doors, and a modern sand-finish exterior. These upgrades provide strong curb appeal and long-term durability. All three units have been completely remodeled and are offered fully furnished. Renovations include new drywall, new subflooring, updated electrical systems, newer HVAC units, modern flooring, new kitchen cabinets, sleek appliances, updated bathroom vanities, toilets, showers, and fresh interior paint throughout. Each unit is move-in ready and designed for low maintenance and operational efficiency. The location offers unmatched convenience. Ideal for investors seeking strong income potential, or for an owner-occupant looking to live in one unit while renting the others. One or more photo(s) have been virtually staged. 3 Beds ⋅ 3 Baths ⋅ Inwood Park SubDv. ⋅ 34236 Zip Code Virtually Staged. Live, invest, and work in the heart of downtown Sarasota. This beautifully renovated 1925 triplex is located in Gillespie Park and offers exceptional flexibility with short-term rentals allowed. Fully updated inside and out, the property presents a rare turnkey opportunity in one of Sarasota’s most desirable and walkable neighborhoods. The exterior has been meticulously improved with new landscaping, stylish pavers, artificial turf, a new privacy fence, updated roof, updated electric meters, energy-efficient windows and doors, and a modern sand-finish exterior. These upgrades provide strong curb appeal and long-term durability. All three units have been completely remodeled and are offered fully furnished. Renovations include new drywall, new subflooring, updated electrical systems, newer HVAC units, modern flooring, new kitchen cabinets, sleek appliances, updated bathroom vanities, toilets, showers, and fresh interior paint throughout. Each unit is move-in ready and designed for low maintenance and operational efficiency. The location offers unmatched convenience. Ideal for investors seeking strong income potential, or for an owner-occupant looking to live in one unit while renting the others. One or more photo(s) have been virtually staged. 1862 6th Street, Sarasota