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Presented by
Pritchard Homes Team |
1705 6TH STREET, Sarasota, FL, 34236 | $1,600,000
Cleared Double Corner Lot in Gillespie Park | DTN-Zoned Downtown Sarasota Development Opportunity
Rare opportunity to acquire a recently cleared double corner lot totaling approximately 0. 50± acres in Sarasota’s rapidly growing Gillespie Park neighborhood. Located at 624 Goodrich Avenue and 1705 6th Street, this downtown-adjacent property offers strong potential for residential infill development in one of Sarasota’s most active redevelopment corridors.
The property is zoned DTN (Downtown Neighborhood), a flexible zoning designation that may allow for townhomes, single-family residences, multi-unit residential development, or other permitted residential uses, subject to City of Sarasota approval. Current zoning regulations may permit building heights up to approximately 45 feet (about three stories), offering potential flexibility for a variety of development concepts.
The prominent corner location provides enhanced access, visibility, site planning flexibility, and potential design advantages for future development.
Positioned just minutes from downtown Sarasota, the property offers convenient access to Main Street dining and shopping, The Bay Park, Sarasota Bay, arts and cultural venues, the Rosemary District, St. Armands Circle, and Lido Beach. Gillespie Park continues to experience strong redevelopment activity driven by its walkability, proximity to downtown, and increasing demand for new residential product.
Cleared parcels of this size and location within Sarasota’s urban core are becoming increasingly limited.
Buyer to independently verify zoning, density, setbacks, height allowances, parking requirements, utility availability, permitted uses, development standards, and all other information with the City of Sarasota and appropriate governmental authorities. All information deemed reliable but not guaranteed.
Features
- Lot Size: 87.2 x 138.5
- Lot Desc: City Lot
- MLS#: A4635694
- Days on Market: 487 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.
Pritchard Homes TeamSales Associates
203.414.5571
PritchardHomesTeam@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.
Jorge L RiveraVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 12303
203.913.1633
Jorge.Rivera@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
Robert ReadeInsurance Sales Director, William Raveis Insurance
860.690.5052
Robert.Reade@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
Pritchard Homes Team
Sales Associates
William Raveis Real Estate
Phone: 203.414.5571
PritchardHomesTeam@raveis.com
Jorge L Rivera
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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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** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.475% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,777 | $7,986 | $10,888 |
| Total Monthly Payment | $7,902 | $8,111 | $11,013 |
* 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