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.
Listing Courtesy of: AUM FLORIDA REAL ESTATE LLC
855-286-3573
| Listing Id: | A4696301 |
|---|---|
| List Price: | $575,000 |
| Property Type: | Land |
| Property Sub Type: | Residential |
| Status: | Active |
| Tax Annual Amount: | $4,804 |
| Lot Size Square Feet: | 6,600 |
| Lot Size Acres: | 0.15 |
| Waterfront?: | No |
| City: | Sarasota |
| County Or Parish: | Sarasota |
| Subdivision Name: | Schindler Sub |
| Postal Code: | 34236 |
| Building Area Units: | Square Feet |
| Current Use: | Residential |
| Directions: | Head north on 301, turn left onto 10th street. Lot will be on your left. |
| Ownership: | Fee Simple |
| Living Area Units: | Square Feet |
| Lot Size Acres: | 0.15 |
| Lot Size Dimensions: | 66x100 |
| Postal Code Plus4: | 4109 |
| MLS Area Major: | 34236 - Sarasota |
| MLS Area Major: | 34236 - Sarasota |
| Original List Price: | $575,000 |
| Parcel Number: | 2026020017 |
| Township: | 36S |
| Road Surface Type: | Asphalt |
| Listing Terms: | Cash |
| Tax Year: | 2025 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| State Or Province: | FL |
| Utilities: | Other |
| Water Source: | Public |
| Public Survey Range: | 18E |
| Public Survey Section: | 19 |
| Zoning: | DTE |
| Possession: | Close Of Escrow |
| Alternate Key Folio Num: | 2026020017 |
| Calculated List Price By Calcula: | 87.12 |
| Cddyn: | No |
| Flood Zone Code: | X |
| For Lease Yn: | No |
| Listing Exclusion Yn: | No |
| Lot Size Square Meters: | 613 |
| Price Per Acre: | 3833333 |
| Realtor Info: | As-Is |
| Road Frontage Ft: | 66 |
| Sdeo yn: | No |
| Sw Subdiv Community Name: | Schindler Sub |
| Total Acreage: | 0 to less than 1/4 |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | No |
| Association 2 Yn: | 0 |
| Attribution Contact: | 855-286-3573 |
| Originating System Name : | Stellar MLS |
| Designated Builder Yn: | No |
| Listing Contract Date: | 2026-10-19 |
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Property Last Updated: November 06, 2026 11:43 AM - ET
