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Opportunity Zone

1001 North Washington Boulevard

INVESTOR/DEVELOPER ALERT!

Listing Contacts

Active

Asking Price: $2,449,000
Address 

1001 N Washington Blvd, Sarasota, FL 34236

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Date Added
Aug 26, 2024
Days on Market
205 days
Time Since Last Update
8 days

Details

Property TypeOffice, Mixed Use, Land
SubtypeCommercial, Executive Office
ClassB
TenancyVacant
Square Footage4,236
Units56
Stories7
ZoningDTE
Lot Size (sq ft)25,830

Marketing Description

INVESTOR/DEVELOPER ALERT! DOWNTOWN SARASOTA OPPORTUNITY IN GILLESPIE PARK, HARD CORNER! Seller Financing available with favorable terms.​

Location: 1945, 1953 10th St, and 1001 N Washington Blvd, Sarasota, FL

Property Type: Rarely Available Commercial, Mixed-Use, DTE Zoned, Two-Story Office Building 4,236 sqft included, build up to 56 units.​

Seize this incredible investment opportunity in the heart of Sarasota's historic Gillespie Park neighborhood! This unique offering includes three prime lots with a total of 100 feet of frontage on 10th St.​ and 123 feet of depth, providing a versatile canvas for a visionary developer.​ VALUE ADD! CONVERSION OPPORTUNITY.​



Investment Highlights

  • ​DTE Zoning: Unlock the potential of this Downtown Edge (DTE) zoning, allowing for a range of development options including duplex, live-work, commercial, or mixed-use projects.
  • ​Maximum Development Flexibility: No minimum setback, maximum ten-foot setback along 10th St., and no maximum building coverage—allowing for creative, expansive designs up to 5 stories.
  • ​High-Density Potential: Combine these lots for up to 14 residential units with a retail or live-work component. With an affordable density bonus, this could increase to up to 56 units—making this a prime site for multi-family or mixed-use development.
  • ​Vibrant Community: Located in the charming Gillespie Park neighborhood, residents will enjoy a 10-acre park featuring tennis courts, a dog park, playground, basketball courts, and a serene lake—all just a short stroll away.
  • ​Unbeatable Location: Walking distance to Sarasota's vibrant downtown, including marinas, top-tier restaurants, shops, and cultural attractions. Plus, some of the world’s best beaches are only minutes away.
  • ​Nearby Development: Benefit from proximity to the $150 million-dollar THE BAY project on 10th Street, which promises to elevate the area’s appeal even further.
  • ​Opportunity Zone

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker Information
Broker Name
Rachel Goldman
Broker License
FL FL 3566884
Brokerage Name
SVnN COMMERCIAL
Broker Title
REAL ESTATE AGENT
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