625 South Palm Avenue Sarasota, FL 34236

$4,225,000
0.53
Acres
$4,225,000
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pending
1/5
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The surveys are piling up: US News & World Report calls Sarasota the 9th "Best Place to Live" in 2021. Time Magazine included Sarasota in the Top 100 "Most Interesting Places in the World." And now you have an opportunity to buy a piece of paradise in one of the most coveted neighborhoods in Downtown Sarasota. 625 S Palm Ave is one of the few remaining vacant tracts of land with Downtown Edge Zoning. You can build up to 13 luxury condominiums or townhouses at a maximum height of 5 stories (4 levels of residential over parking).An easy stroll to Marie Selby Botanical Gardens; downtown restaurants; Burns Court; art galleries; retail shops and entertainment. And just a block away from the waterfront!(Please note that 1526 Oak Street, across Elder Lane from the subject property isavailable separately at $1,675,000. Oak Street would accommodate 3 additionalnewly built dwelling units.)Please watch this professionally-narrated video complete with drone footage of both properties: https://www.youtube.com/watch?v=kkJfkVTLloc or click on the virtual tour and/or web link.

The surveys are piling up: US News & World Report calls Sarasota the 9th "Best Place to Live" in 2021. Time Magazine included Sarasota in the Top 100 "Most Interesting Places in the World." And now you have an opportunity to buy a piece of paradise in one of the most coveted neighborhoods in Downtown Sarasota. 625 S Palm Ave is one of the few remaining vacant tracts of land with Downtown Edge Zoning. You can build up to 13 luxury condominiums or townhouses at a maximum height of 5 stories (4 levels of residential over parking).An easy stroll to Marie Selby Botanical Gardens; downtown restaurants; Burns Court; art galleries; retail shops and entertainment. And just a block away from the waterfront!(Please note that 1526 Oak Street, across Elder Lane from the subject property isavailable separately at $1,675,000. Oak Street would accommodate 3 additionalnewly built dwelling units.)Please watch this professionally-narrated video complete with drone footage of both properties: https://www.youtube.com/watch?v=kkJfkVTLloc or click on the virtual tour and/or web link.

  • Neighborhood
  • Type
  • County
    Sarasota
  • Area
    34236 - Sarasota
  • Tax Amount
    $9,953
  • Status
    Pending
  • Listing #
    A4509820
  • Lot Size
    0.53
  • Listed on site
    979 days

Listed by:
Coldwell Banker Realty

Source:
StellarMLS

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School Info

Property details

Community Features

  • No HOA

Property Features

  • Sewer
  • Has Virtual Tour

Exterior features

  • No Pool

Financing

  • None

Property History

DateDays AgoEventNew Price
Sep 22, 20213 yrs agoPrice decreased765,000 (15%)$4,225,000
Aug 20, 20213 yrs agoNew on market$4,990,000
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