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    N Washington Blvd Sarasota, FL 34236

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    For Sale
    Contact for pricing

    Multi-family development site near Gillespie Park, suitable for affordable housing.

    Lot size:
    3.28 Acres

    Property Features for N Washington Blvd

    General Information

    Lot size
    3.28 Acres

    Source: Harry Robbins Assoc Inc Agent Kevin L Robbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site Near Gillespie Park

    This property presents a potential multi-family development opportunity, particularly suitable for affordable housing initiatives. Located near Gillespie Park, the site offers access to recreational amenities. As per SB40 regulations, the site allows for construction of up to 18 stories, with a density of 200 units per acre, potentially accommodating a total of 1,600 units across the entire development. Note that tax records indicate a lower square footage than the actual available area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5305078
    Latitude
    27.3367653

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    FAQs

    What type of property is this?
    Land - Multi-family development site near Gillespie Park, suitable for affordable housing.
    Where is this land located?
    The property is located at N Washington Blvd Sarasota, FL.
    What are key features of this property?
    This property features: - SB40 allows for **18 stories and 200 units per acre.**; - Potential for **1,600 total units.**; - Excellent for affordable housing development.
    (941) 724-2321
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    N Washington Blvd Sarasota, FL 34236
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N Washington Blvd Sarasota, FL 34236
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