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Gillespie Park Development Opportunity
For Sale
$625,000

1744 10th St, Palmetto, FL 34236

Prime land in a rapidly developing downtown area.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market156

Property Features for 1744 10th St

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $3,904
Listing Agency: gregory selph
Listed By: Gregory Selph · License #3302132
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Jul 15 at 10:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of gregory selph

Investment Insights

Based on property information with market context.

This rare land presents a prime development opportunity in the Gillespie Park area. Situated within the Downtown Edge zoning district, the location is experiencing new development and investment. Its placement allows for convenient access to various attractions, including the new 53-acre Bay park, Gillespie Park, the Bayfront Park & Marina, Ringling College of Art, the Ringling Museum, the Downtown District, the Rosemary District, the Van Wezel Performing Arts Hall, the St Armands corridor, the Lido Key corridor, and the Longboat Key corridor. The property also benefits from its proximity to the SRQ Sarasota Airport and Interstate 75 via Fruitville Road. Currently, the lot features a single-family home with a month-to-month tenant. The Florida Live Local Act, potential housing credits, and new Sarasota density bonuses may allow for greater multifamily density or the possibility of rebuilding a single-family home. The property is located in Flood Zone X.

Key Highlights

  • Prime development opportunity in the Downtown Edge zoning district.
  • Proximity to THE BAY 53‑acre park, Gillespie Park, Bayfront Park & Marina, and other key destinations.
  • Excellent location for walking, biking, or using ride‑sharing services.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Bakery Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Prime land in a rapidly developing downtown area.
Where is this residential land & home lot located?
The property is located at 1744 10th St Palmetto, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Prime development opportunity in the Downtown Edge zoning district.; Proximity to THE BAY 53‑acre park, Gillespie Park, Bayfront Park & Marina, and other key destinations.; Excellent location for walking, biking, or using ride‑sharing services.
More about this property
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