Stacey Olive
REALTOR®
LOT SIZE 0.150 acres
MLS#A4696301
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONSCHINDLER
Property Description
Zoned DTE (Downtown Edge) in Sarasota's Gillespie Park neighborhood, this approximately 6,600-square-foot parcel offers rare downtown development flexibility. Under the City's DTE base density of 25 units an acre, the site supports up to 3 units by right. Buyers are responsible for confirming applicable review requirements with the City of Sarasota. For greater density, Sarasota's Downtown Attainable Housing Density Bonus program allows DTE properties to reach up to 100 units an acre, or approximately 15 units on this site, once the attainable-housing requirements are satisfied. The program requires a minimum of .15 of the additional units above base density (so 2 of 15 units)-not the entire development-to be designated attainable for at least 30 years, subject to the City's income-tier requirements. Buyers should verify the required attainable-unit count for their proposed development. Conceptual layouts are available for a 3-unit development and a 12-unit residential building. Buyers may also explore development of up to approximately 15 units under the density bonus program, subject to design feasibility and City requirements. Concepts are illustrative and are not approved development plans. The property is located within a federally designated Opportunity Zone, offering potential tax advantages for qualifying investments. Buyers should consult their tax advisor regarding eligibility, investment timing, and applicable federal transition rules. A rare opportunity to secure a flexible, high-potential parcel in one of Sarasota's most dynamic downtown-adjacent neighborhoods.
Property Features
Property Type: Land - Residential
Lot Size: 0.15 Acres
Taxes: $4,803
Feature Descriptions
Days on Site: 12
Directions: Head north on 301, turn left onto 10th street. Lot will be on your left.
Flood Zone Code: X
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 0.15
Ownership: Fee Simple
Property Attached Y/N: No
Road Frontage: 66
Sewer: Public Sewer
Showing Instructions: Go Direct
Special Sale Provisions: None
Utilities: Other
Water: Public
Water Access Y/N: No
Zoning: DTE
Listed By / Shown By
Listed By
Agency Name: AUM FLORIDA REAL ESTATE LLC
Agency Contact: 855-286-3573
Shown By
Agent Name: Stacey Olive
Agent Phone: Cell: (440) 371-9126
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 3,784.35 per month $3,216.39 Principal & Interest $400.25 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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1754 10th Street | MLS# A4696301
This land located at 1754 10th Street, Sarasota, FL 34236 is currently listed for sale with an asking price of $575,000. The property has approximately 0.15 Acres. Search Sarasota real estate on www.soldwithstacey.net today.