Prime DTN-Zoned Development Opportunity in Gillespie Park
Attention developers: 1/2 -acre corner double lot
Marketing description
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.
Investment highlights
• Approximately 0.50± Acre Cleared Double Corner Lot
Rare assemblage opportunity consisting of two combined parcels in Sarasota’s rapidly evolving Gillespie Park neighborhood.
• DTN (Downtown Neighborhood) Zoning
Flexible zoning district that may allow for townhomes, multi-unit residential, or other residential infill concepts subject to City approval.
• Potential 45’ Building Height Allowance
Zoning may permit development up to approximately three stories, creating flexibility for future design and density potential.
• Prime Downtown Sarasota Infill Location
Positioned minutes from Main Street, The Bay Park, Sarasota Bay, Rosemary District, St. Armands Circle, and Lido Beach.
• Corner Lot Configuration
Dual street frontage may provide improved access, circulation, visibility, and site-planning flexibility.
• Cleared & Development-Ready Site
Recently cleared parcel may help reduce initial site preparation timelines and costs.
• Walkable Urban Lifestyle Location
Located within close proximity to restaurants, shopping, arts venues, entertainment, waterfront parks, and downtown Sarasota amenities.
• Strong Redevelopment Corridor
Gillespie Park continues to experience significant residential redevelopment and increasing buyer demand for new construction product.
• Limited Downtown Land Availability
Opportunities for larger cleared parcels within Sarasota’s urban core are becoming increasingly scarce.
• Potential Exit Strategies
Possible opportunities for build-to-sell townhomes, single-family residences, long-term rental product, or boutique residential development, subject to approvals.
• Favorable Regional Growth Trends
Sarasota continues to benefit from population growth, wealth migration, lifestyle-driven demand, and constrained coastal inventory.
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