1721 8TH STREET SARASOTA FL 34236
Overview of 1743 8th Street
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Rare investment opportunity in downtown sarasotas development wave! Four contiguous lots across two parcels totaling approximately 0.44 acres (19,200 sf) at 1721 & 1743 8th street, located in the heart of one of downtown sarasotas most exciting transformation zones. This restored vintage home with an effective year built of 2000 sits in a rapidly evolving neighborhood becoming one of the citys most desirable addresses. Just steps from the beloved 10-acre gillespie park, featuring grand oaks, tennis and basketball courts, scenic pond, dog park, fitness trail, and walking paths. enjoy walking distance to main streets shops, galleries, and restaurants, and only 0.7 miles to sarasotas waterfront and the bay, the citys new 53-acre signature park. The property lies within an opportunity zone with no hoa and no deed restrictions, offering exceptional flexibility for investors and developers. Close to the downtown business district and minutes from the westcoast black theatre troupe, surrounded by sarasotas vibrant cultural and commercial scene. prime development potential: build 46 residential units in this rapidly appreciating neighborhood where new projects are transforming the landscape, ideal for townhomes, multi-family residences, or custom urban homes. The location offers the walkability, green space, and downtown access todays buyers seek. Existing structures may offer potential savings on impact fees, adding further value for developers. investment strategies: buy and hold by renting the existing 2-bedroom, 2-bath home for income while land values continue to rise, or develop now and capitalize on downtown sarasotas growth. residents enjoy convenient access to downtown dining, arts, and entertainment, including van wezel performing arts hall, sarasota orchestra, marie selby botanical gardens, and the bayfront marina. This is a rare opportunity to secure a property in the path of sarasotas continued downtown development.
This luxury single family home was built in 1925 and features 2 bedrooms, and 2 full bathrooms. This home for sale is 1,662 square feet, with 1,400 sq ft being air conditioned living space. The home has a does not have a private swimming pool.
Directions to this property are as follows: From Downtown Sarasota, Take Fruitville Rd East, Turn Left On Central Ave, Then Right On 8th St. Property Is On The Left. Just 5 Minutes From Main Street.
Please contact your ZFC agent for more information about MLS# MFRA4647457 or any other homes for sale in Sarasota or elsewhere in the Sarasota County area.
1743 8th Street Price Calculator
The payment calculator figures for 1743 8th Street should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this home for sale are estimated based on the actual property taxes for this property for the tax year 2024 which are $4,332 but will likely change when this home sells. These estimations are calculated from a list price of $1,400,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the home characteristics and location.
Recent Home Sales near 1743 8th Street
MLS# MFRA4647457 Listing History
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Map of 1743 8th Street Sarasota FL 34236
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