1721 8th Street, Sarasota, FL 34236
Local realty services provided by:CENTURY 21 Carioti
Listed by: beverly perez
Office: fine properties
MLS#:A4652154
Source:MFRMLS
Price summary
- Price:$1,400,000
About this home
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....
Contact an agent
Home facts
- Listing ID #:A4652154
- Added:321 day(s) ago
- Updated:April 02, 2026 at 11:10 AM
Structure and exterior
- Lot area:0.21 Acres
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,400,000
- Tax amount:$4,332 (2024)
Features and amenities
- Amenities:Cable Connected
- Pool features:Public Pool
New listings near 1721 8th Street
- New
$499,000Active3 beds 2 baths1,591 sq. ft.6835 Winslow Street, SARASOTA, FL 34243
MLS# A4688505Listed by: CENTURY 21 BEGGINS ENTERPRISES - New
$949,999Active3 beds 4 baths2,567 sq. ft.9104 Bernini Place, SARASOTA, FL 34240
MLS# A4687261Listed by: COLDWELL BANKER REALTY - New
$213,000Active2 beds 2 baths876 sq. ft.3259 Beneva Road #101, SARASOTA, FL 34232
MLS# A4687468Listed by: FINE PROPERTIES - New
$669,000Active4 beds 4 baths2,676 sq. ft.5786 Inkberry Circle, SARASOTA, FL 34238
MLS# A4688510Listed by: TIDELINE REAL ESTATE BROKERS - New
$1,550,000Active4 beds 4 baths3,579 sq. ft.8245 Grande Shores Drive, SARASOTA, FL 34240
MLS# TB8492764Listed by: REAL BROKER, LLC - New
$299,000Active3 beds 2 baths1,804 sq. ft.4530 Atwood Cay Circle #13, SARASOTA, FL 34233
MLS# A4688320Listed by: EXP REALTY LLC - New
$735,000Active2 beds 2 baths1,650 sq. ft.8710 Midnight Pass Road #203B, SARASOTA, FL 34242
MLS# A4688439Listed by: PRECISE REALTY CORP - New
$339,000Active2 beds 2 baths1,756 sq. ft.7160 Fairway Bend Cir, SARASOTA, FL 34243
MLS# A4688464Listed by: PALM AIRE REALTY PARTNERS LLC - New
$299,000Active2 beds 2 baths1,290 sq. ft.9630 Club South Circle #6309, SARASOTA, FL 34238
MLS# A4688379Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New
$1,260,000Active0.46 Acres0 Bay Street, SARASOTA, FL 34237
MLS# A4688455Listed by: CALL IT CLOSED INTL REALTY