1743 8 Th St, SARASOTA, FL

House

For Sale

Listed price in listed location currency (USD).

$1,400,000

220

MLS® A4647457

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1400 sqft

Garage No

Taxes $4,332

Days Active 342

Lot Size 0.44 acres

Approx. Age 1925

Avg. Price Per Sqft $1,000

MLS® Number A4647457

Property Address: 1743 8th St, SARASOTA, FL, 34236-4126

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberA4647457

Laundry LevelInside

Central VacNo

FireplaceNo

Acreage0.44

Exterior

GarageNo

Approx. Age1925

Basement

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 9, 2025List Date

$1,400,000List Price

Home Appraisal

This property is estimated to sell between: $897,000 and $1,652,000.

Similar properties in this area sold on average for: $897,500

Expected to sell very soon! Similar properties sold in 118 days. This home has been on eXp Realty for 342 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address

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