
1705 6TH ST Sarasota, FL 34236
0.51 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Subdivision Inwood Park
MLS Listing ID A4709682
HOA Y/N No
Annual Tax Amount $8,648
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 138' X 163'
Property Sub-Type Residential
Source Stellar MLS
Property Description
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.
Location
State FL
County Sarasota
Community Inwood Park
Area 34236 - Sarasota
Zoning DTN
Exterior
Community Features Dog Park, Park, Playground, Tennis Court(s)
Utilities Available Electricity Available
View Y/N No
Water Access No
Building
Lot Description Corner Lot
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Schools
Elementary Schools Alta Vista Elementary
Middle Schools Booker Middle
High Schools Booker High
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None

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