Kim Humphrey - Coldwell Banker Tony Hubbard
1704-1706 5th Street
SARASOTA, FL 34236

Description

Urban location in Gillespie Park located in the city's Downtown Zone District. Corner lot with existing duplex , gracious square footage, and a garage with an attached outbuilding. Great investment opportunity, with leases in place. Zoned DTN for future live-work, mixed-use residential, or residential units. Gillespie Park is one of the most diverse and upcoming areas in Downtown Sarasota. The property is rectangular and level and has beautiful timeless oak trees in a small section of its perimeter. The walk score for this property is rated 88, due to it's close proximity to the Downtown Sarasota core, public transportation, shopping, restaurants, the Bay Front and many other services. The Downtown Neighborhood (DTN) district is primarily residential but also allows for a mixture of land uses. Residential dwellings may be single-family or multi-family up to a maximum of 12 dwelling units per acre. In addition to a primary residential structure, an ancillary outbuilding is permitted on each lot. Low-intensity office, retail and lodging uses may be permitted in limited amounts. Retail stores are confined to corner lots. Other non-residential uses that contribute to the residential attributes of a neighborhood are also allowed. Building height shall be limited to a maximum of three stories. Building frontages include porches, fences and terraces. Sold as is. Development is subject to City of Sarasota Building and Zoning Department approval requirements.

Details

MLS#A4412779
Sub-TypeResale
StatusActive
Days On Site11

Features

ZoningDTN
Acreage0.23

Market Activity 34236

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Area Information

StateFL
CitySARASOTA
Zip Code34236
Area34236 - Sarasota
Listing VS Median (in 34236)
Price:
$350,000
low | high
Med:
$545,000
5.714285714286% of Average
On Site:
11
low | high
Med:
42
26.190476190476% of Average
Listing Updated: 09/19/2018
MLS Number: A4412779
Listing Provided By:
Sandra Appignani  of  PREMIER SOTHEBYS INTL REALTY

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