1817 6Th St Sarasota, FL 34236

This exceptional Sarasota investment property features three separate bungalows totaling 19,400 square feet on a spacious 0.45-acre lot. Each bungalow offers over 720 square feet of living space, ideal for owner-occupancy and rental income generation, whether short-term or long-term. Currently zoned DTN (downtown neighborhood), the property allows for up to five units, presenting significant expansion potential. Approximately 7,000 square feet of buildable land remains, offering options for developing two additional units, a multi-unit townhome project, or two separate three-unit multi-family buildings. Located in the vibrant Gillespie Park neighborhood, just north of downtown Sarasota and near US-41, this property benefits from its prime location, close proximity to a public park, and easy access to shops, restaurants, offices, Marina Jacks, the Bayfront, and other downtown amenities. The ongoing redevelopment and revitalization of the surrounding area further enhance its investment appeal. The asking price is $1,650,000, with a price per square foot of $85.05. This is a rare opportunity to acquire a multifamily property with substantial upside in a thriving Sarasota location. The address is 1817 6th St, Sarasota, FL 34236.