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Presented by
Nick Rosario - The Nick Rosario Team |
1705 6TH STREET, Sarasota, FL, 34236 | $1,600,000
Rare Half-Acre Development Opportunity in Gillespie Park | DTN-Zoned Corner Lot
Located in Sarasota’s vibrant Gillespie Park neighborhood, this combined half-acre corner site at 624 Goodrich Avenue and 1705 6th Street presents a unique opportunity for infill development in one of the city’s most sought-after downtown-adjacent districts.
The property is zoned DTN (Downtown Neighborhood), allowing for multi-unit residential or townhouse development by-right, with approval through the City of Sarasota’s administrative site plan review—no rezoning required. The zoning supports up to three stories (45 feet) in height and an approximate density of 12 units per acre, offering excellent flexibility for urban residential design.
Surrounded by mature streetscapes and walkable to downtown Sarasota’s dining, shopping, and cultural attractions, this site combines convenience with strong neighborhood appeal. Gillespie Park continues to attract attention for its mix of historic charm, new construction, and proximity to Sarasota Bay, The Bay Park, and Lido Beach.
This is a rare opportunity to design and build within a centrally located district that embodies Sarasota’s evolving urban lifestyle. All zoning, density, and development potential should be confirmed directly with the City of Sarasota Planning Department.
Features
- Lot Size: 87.2 x 138.5
- Lot Desc: City Lot
- MLS#: A4635694
- Days on Market: 348 days
- Website: https://www.raveis.com
/prop/A4635694/17056thstreet_sarasota_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Nick Rosario - The Nick Rosario TeamLicensed Associate Real Estate Broker
917.564.2351
Nick.Rosario@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1705 6TH STREET, Sarasota, FL, 34236
$1,600,000
Nick Rosario - The Nick Rosario Team
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 917.564.2351
Nick.Rosario@raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.007% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,268 | $7,572 | $10,629 |
| Total Monthly Payment | $7,393 | $7,697 | $10,754 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388