1721 8th St Sarasota, FL 34236
Downtown Sarasota NeighborhoodEstimated payment $7,645/month
Highlights
- 0.44 Acre Lot
- No HOA
- Dog Park
- Booker High School Rated A-
- Tennis Courts
- 2-minute walk to Gillespie Park
About This Lot
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.
Listing Agent
FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3080998 Listed on: 05/15/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,332
Lot Details
- 0.44 Acre Lot
- Lot Dimensions are 92x100
- 2 Lots in the community
- Additional Parcels
- Property is zoned DTN
Utilities
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 6 / C
- Assessor Parcel Number 2026020107
Community Details
Overview
- No Home Owners Association
- Gillespie Park Sub Community
- Schindler Sub Subdivision
Recreation
- Tennis Courts
- Racquetball
- Community Playground
- Dog Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,332 | $278,468 | -- | -- |
| 2024 | $3,842 | $253,153 | -- | -- |
| 2023 | $3,842 | $298,900 | $292,000 | $6,900 |
| 2022 | $3,502 | $267,100 | $259,100 | $8,000 |
| 2021 | $3,082 | $203,900 | $197,400 | $6,500 |
| 2020 | $3,059 | $210,800 | $204,200 | $6,600 |
| 2019 | $2,665 | $175,400 | $169,000 | $6,400 |
| 2018 | $2,560 | $177,300 | $171,200 | $6,100 |
| 2017 | $2,241 | $129,906 | $0 | $0 |
| 2016 | $2,085 | $132,900 | $125,900 | $7,000 |
| 2015 | $1,901 | $115,400 | $109,500 | $5,900 |
| 2014 | $1,688 | $93,610 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2025 10/28/25 | Price Changed | $1,400,000 | -12.5% | -- |
| 05/15/2025 05/15/25 | For Sale | $1,600,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $340,000 | Fannie Mae Freddie Mac |
Source: Stellar MLS
MLS Number: A4652154
APN: 2026-02-0107
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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Ask me questions while you tour the home.