Listing Details for MLS #A4469912
1245 4th St, Sarasota, Fl

Land - Real Estate in Sarasota

SOLD for $800,000 on December 22, 2020

Listing Price: $850,000Sold Price: $800,000Sold Price/List Price: 94%
Sold Price/Original List Price: 89.89%Days on Market: 168Cumulative Days on Market: 199

Description of Property

Stock market got you worried? CDs and bonds got you down? Then put your money to work in Sarasota Florida. This is an opportunity you don't want to miss - become a part of the booming downtown Sarasota. This property is steps to the magnificent Bayfront, and it's planned $300 million 53 acre park. Walking distance to theaters, restaurants, shopping, marina and so much more. Numerous residential and commercial projects are under construction. Major road improvements along US 41 Tamiami Tr. are near completion. Property is zoned DTC, which permits 10 stories, up to 6 residential units with first floor commercial, hotel, office and more. Although the value is in the land, there are currently two occupied residential rental units on the property (please do not disturb the tenants). Owner has adjacent property available with residential rental units. Combine the two properties and build 12 units over commercial or hold as an investment.

Property Details At A Glance

Property Type: Land
City: Sarasota
County: Sarasota
Subdivision: Plat Of Sarasota Exhibit / Plat Of Sarasota
Annual Tax: $5,058

Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.

Waterfront Info

Water Access: No

Exterior & Construction


  • BB/HS Internet Available
  • Cable Available
  • Electricity Available
  • Fire Hydrant
  • Natural Gas Available
  • Phone Available
  • Sewer Available
  • Street Lights
  • Water Available

Sewer: Public Sewer
Water Source: None

Lot Information

Lot Features: Buildable
Flood Zone Code: AE
Flood Zone Date: 2016-11-04
Flood Zone Panel: 12115C0133F
Acreage Description: 0 to less than 1/4
Lot Size (acres): 0.12
Lot Size (sq. ft.): 5,250 square feet
Lot Dimensions: 50x105
Road Frontage: City Street
Front Footage: 50
Current Adjacent Use: Residential

Legal Description & Other Information

Zoning: DTC
Tax Legal Desc.: LOT 12 BLK 26 PLAT OF SARASOTA
Parcel Number: 2026120065
Section: 19
Range: 18
Township: 36


Listing courtesy of PARTNERS REALTY OF SARASOTA. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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Suncoasteam Realty, LLC
Main Office: 21202 Olean Blvd Unit C-3, Port Charlotte, FL 33952
Mailing Address: PO Box 380503, Port Charlotte, FL 33938
Phone: 941-235-7474
Email: sales@suncoasteam.com