1721 8TH ST Open House Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34236
OPEN HOUSE
Thu Oct 23, 5:00pm - 7:00pm
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Schindler Sub
MLS Listing ID A4652154
HOA Y/N No
Annual Tax Amount $4,332
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 92x100
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Rare Investment Opportunity in Downtown Sarasota's Redevelopment Wave!
Four contiguous lots across two parcels totaling approximately 0.44 acres (1721 & 1743 8th Street) — right in the heart of one of downtown Sarasota's most exciting transformation zones. This restored vintage home sits in a rapidly evolving neighborhood becoming one of the city's most desirable addresses.
Just steps from the beloved 10-acre Gillespie Park, featuring grand oaks, tennis and basketball courts, a scenic pond, dog park, fitness trail, and walking paths. Enjoy walking distance to Main Street, with its premier shops, galleries, and restaurants, and only 0.7 miles to Sarasota's waterfront and The Bay, the city's new 53-acre signature park.
This 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, you're surrounded by Sarasota's vibrant cultural and commercial scene.
Prime Development Potential:
Build 4–6 residential units in this rapidly appreciating neighborhood where new projects are transforming the landscape. Perfect for townhomes, multi-family residences, or custom urban homes. The location offers everything today's buyers want—walkability, green space, and access to downtown and the bayfront.
Investment Strategies:
Buy and hold: Rent the charming existing 2-bed, 2-bath home for steady income while land values continue to rise in this high-demand area.
Develop now: Join the wave of new construction reshaping the district and capitalize on downtown's growth.
Value-add opportunity: Position yourself in the path of progress where new developments are achieving premium returns.
Residents enjoy unparalleled walkability to downtown Sarasota's dining, arts, and entertainment, including the Van Wezel Performing Arts Hall, Sarasota Orchestra, Marie Selby Botanical Gardens, and the Bayfront Marina.
This is more than a property—it's a rare opportunity to be part of downtown Sarasota's most dynamic transformation. Don't miss this exceptional find in the heart of the city's redevelopment boom!
Location
State FL
County Sarasota
Community Schindler Sub
Area 34236 - Sarasota
Zoning DTN
Exterior
Community Features Dog Park,Playground,Racquetball,Tennis Court(s)
Utilities Available Cable Connected,Electrical Nearby,Public,Sewer Connected,Water Connected
Building
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Others
Pets Allowed No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None
Virtual Tour https://tours.snaphouss.com/17218thstreetsarasotafl34236?b=0