1754 10TH STREET, Sarasota, Florida, 34236

Listed by AUM FLORIDA REAL ESTATE LLC, Geoff Scalera, 941-321-4158, aumholdings@aol.com
$575,000
0.15 Acres
0 ba
#A4696301
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

  • Water Access : 0
  • Sewer : Public Sewer
  • Road Surface Type : Asphalt
  • Zoning : DTE
PROPERTY DETAILS
ID: A4696301
Status: Active
Price: $575,000
Acres: 0.15 Acres
Price Per Acre: $3,833,333
Type: Other
Address: 1754 10TH STREET
City, State: Sarasota, Florida
County: Sarasota
Zip Code: 34236
Lat/Long: 27.344281, -82.535303
Presented By: Geoff Scalera
Phone: 941-321-4158
Email: Click to Contact
Agent
Geoff Scalera