1743 8th Street, Sarasota, FL 34236
Local realty services provided by:ERA Grizzard Real Estate
Listed by: beverly perez
Office: fine properties
MLS#:A4647457
Source:MFRMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$842.36
About this home
Rare Investment Opportunity in Downtown Sarasota’s Development Wave! Four contiguous lots across two parcels totaling approximately 0.44 acres (19,200 SF) at 1721 & 1743 8th Street, located in the heart of one of downtown Sarasota’s most exciting transformation zones. This restored vintage home with an effective year built of 2000 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, scenic pond, dog park, fitness trail, and walking paths.
Enjoy walking distance to Main Street’s shops, galleries, and restaurants, and only 0.7 miles to Sarasota’s waterfront and The Bay, the city’s new 53-acre signature park. The 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, 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, ideal for townhomes, multi-family residences, or custom urban homes. The location offers the walkability, green space, and downtown access today’s buyers seek. Existing structures may offer potential savings on impact fees, adding further value for developers.
Investment Strategies: Buy and hold by renting the existing 2-bedroom, 2-bath home for income while land values continue to rise, or develop now and capitalize on downtown Sarasota’s growth.
Residents enjoy convenient access to downtown dining, arts, and entertainment, including Van Wezel Performing Arts Hall, Sarasota Orchestra, Marie Selby Botanical Gardens, and the Bayfront Marina. This is a rare opportunity to secure a property in the path of Sarasota’s continued downtown development....
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Home facts
- Year built:1925
- Listing ID #:A4647457
- Added:225 day(s) ago
- Updated:March 27, 2026 at 12:00 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Wood
- Bedroom Description:High Ceilings
- Basement Description:Crawlspace
- Living area:1,400 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1925
- Building area:1,400 sq. ft.
- Lot area:0.21 Acres
- Architectural Style:Ranch
- Construction Materials:Brick, Stucco
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$842.36
- Tax amount:$4,332 (2024)
Features and amenities
- Laundry features:Inside
- Amenities:Ceiling Fans(s), High Ceilings, Open Floorplan
- Pool features:Public Pool
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