1245 4th StreetSarasota, FL 34236Sale Price: $800,000

  • Sale Price: $800,000
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Federal 30-year interest rate: 6.51% last updated on May 21, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $800,000Sale Price

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Stock market got you worried? CDs and bonds got you down? Then put your money to work in Sarasota Florida. This is an opportunity you don't want to miss - become a part of the booming downtown Sarasota. This property is steps to the magnificent Bayfront, and it's planned $300 million 53 acre park. Walking distance to theaters, restaurants, shopping, marina and so much more. Numerous residential and commercial projects are under construction. Major road improvements along US 41 Tamiami Tr. are near completion. Property is zoned DTC, which permits 10 stories, up to 6 residential units with first floor commercial, hotel, office and more. Although the value is in the land, there are currently two occupied residential rental units on the property (please do not disturb the tenants). Owner has adjacent property available with residential rental units. Combine the two properties and build 12 units over commercial or hold as an investment.

Property Details of 1245 4th Street

Property Details

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 6.51% last updated on May 21, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by and Ellen Ross of PARTNERS REALTY OF SARASOTA

Listing Sold by PARTNERS REALTY OF SARASOTA

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 22, 2026 6:02 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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