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1721 8th Street, SARASOTA, FL 34236
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1721 8th Street
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Would you like to sell your home before you purchase this one?
Priced at Only: $1,400,000
For more Information Call:
Address: 1721 8th Street, SARASOTA, FL 34236
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  • MLS#: A4652154 ( Land )
  • Street Address: 1721 8th Street
  • Viewed: 166
  • Price: $1,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 303
  • Additional Information
  • Geolocation: 27.3433 / -82.536
  • County: SARASOTA
  • City: SARASOTA
  • Zipcode: 34236
  • Subdivision: Schindler Sub
  • Provided by: FINE PROPERTIES
  • Contact: Beverly Perez
  • 941-782-0000
  • mfrmls
  • DMCA Notice
  • Description
    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.
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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Pets Allowed: No
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electrical Nearby, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Current Use: Multi Family
  • Legal Description: E 17 FT OF LOTS 3 4 & ALL LOT 6 & W 1/2 OF LOT 8 BLK C SCHINDLER SUB
  • Area Major: 34236 - Sarasota
  • Parcel Number: 2026020107
  • Views: 166
  • Zoning Code: DTN
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Nearby Subdivisions
Bay Point Park   Bay Point Park 2   Bird Key Sub   Collage On 5th Condominium   Halls Sub James S   High Point Circle   Inwood Park   Inwood Park First Add   John Ringling Estates St Arman   Lido Beach Div A   Lido Beach Div B John Ringling   Lido C   Lido C Lido Shores   Lido Shores   Orange One   Owen Burns Sub   Saint Armands Div John Ringlin   Schindler Sub   Towles Sub Of Lts 18 20 22   Washington Park   Whitakers Landing  
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