1704-1706 5th St., Sarasota, FL 34236

Urban location in Gillespie Park located in the city's Downtown Zone District. Corner lot with existing duplex , gracious square footage, and a garage with an attached outbuilding. Great investment opportunity, with leases in place. Zoned DTN for future live-work, mixed-use residential, or residential units. Gillespie Park is one of the most diverse and upcoming areas in Downtown Sarasota. The property is rectangular and level and has beautiful timeless oak trees in a small section of its perimeter. The walk score for this property is rated 88, due to it's close proximity to the Downtown Sarasota core, public transportation, shopping, restaurants, the Bay Front and many other services. The Downtown Neighborhood (DTN) district is primarily residential but also allows for a mixture of land uses. Residential dwellings may be single-family or multi-family up to a maximum of 12 dwelling units per acre. In addition to a primary residential structure, an ancillary outbuilding is permitted on each lot. Low-intensity office, retail and lodging uses may be permitted in limited amounts. Retail stores are confined to corner lots. Other non-residential uses that contribute to the residential attributes of a neighborhood are also allowed. Building height shall be limited to a maximum of three stories. Building frontages include porches, fences and terraces. Sold as is. Development is subject to City of Sarasota Building and Zoning Department approval requirements.