by Global Lifestyle Properties

See Home Value
$850,000
● House - Off Market

1677 4TH STREET

SARASOTA, FL 34236
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,690 Ft²
$5,226
Est. Monthly
3.49%
Cap Rate

About This Property

INVESTOR ALERT! This opportunity does not come along often! Located in one of the most charming neighborhoods in DOWTOWN SARASOTA! Gillespie Park is within walking distance to all that Downtown has to offer. A plethora of shopping/dining options and a short distance to Bayfront Park, Marina Jack, Main St., Van Wezel, the Airport and much more! This parcel includes a 2/1 main home plus 3 studio apartments - 4 Units total - endless opportunities await! Units offer classic charm, including a brick fireplace in the main home, front porch, original hardwood flooring, Florida landscape, and more. New Metal Roof in 2021 for the back building and 2022/2023 for the front! Outside is a tropical oasis with lush landscaping, bamboo and great character. Zoned DTN. Oversized lot with potential for redevelopment now/in the future! Keep the current structures or build new! Purchase with the next door property (1663 4th) and you have .36 of an acre in Downtown Sarasota! Prime location minutes to everything. Reach out today for more information on this incredible opportunity and schedule a time to see for yourself!
Unit Size
2,690 Ft²
Days on Market
308 days
Land Size
0.23 acres
Price per sqft
$349
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1924

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #A4624136)

Price History

Date / Event Date Event Price
Jul 30, 2025 Sold
Sold
Jul 5, 2025 In contract -
In contract
May 22, 2025 Price Decreased $939,900
↓ $55K (5.5%)
Price Decreased
Mar 8, 2025 Price Decreased $995,000
↓ $130K (11.6%)
Price Decreased
Jan 8, 2025 Relisted $1,125,000
Relisted
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1989
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 34
  • Exterior Walls Type: 18
  • Interior Walls Type: 18
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Business/Commerical Units Count: 4
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 392
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 9,930
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,690
  • Gross Building Area: 2,756
  • Building Area: 2,690
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,690
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CENTRAL PARK SUB UNIT 1
  • Land Acres: 0000000228
  • Standard Land Use Code: 1110
  • County Land Use Code: 082Y
  • State Land Use Code: 008
  • Legal Description 1: LOT 10 & E 40.9 FT OF LOT 11 BLK 4 CENTRAL PARK UNIT 1

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000102

Zoning

  • Zoning: DTN

Geography

  • Assessors Map Reference: 11
  • Account Number: 2026100074
  • Subdivision Tract Number: 154
  • Parcel: 2026-10-0074
  • Block: 4
  • Lot: 10
  • Meridian: SEC 19 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3399
  • Longitude: -82.5368

    Address

  • Full Address: 1677 4th St
  • Legal Unit: 1
  • Address - House Number: 1677
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C088
  • 4-Digit Zip Code: 5052
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 1,476
  • Tax Year: 2023
  • Tax Amount: $732,093
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.4696
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 6
  • Final Value: 605,937
  • High Value: 890,502
  • Low Value: 321,371

    Market Valuation

  • Market Total Value: $579,300
  • Market Land Value: $400,600
  • Market Improvement Value: $178,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $579,300
  • Assessed Land Value: $400,600
  • Assessed Improvements Value: $178,700

    Sales

  • Current Sale Contract Date: Mar 21, 1997
  • Current Sale Recording Date: Mar 24, 1997
  • Current Sale Price:
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gillespie Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1991 Main Street, FL, 34236

$3,606 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
1991 Main Street #ASTERB4, FL, 34236 Listing by AJ Rebhan
Unit for rent at 2907 Hyde Park Street, SARASOTA, FL, 34239

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,212 ft²
2907 Hyde Park Street, SARASOTA, FL, 34239 Listing by Patrice Ivan
Unit for rent at 2305 Novus Street, FL, 34237

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 826 ft²
2305 Novus Street, FL, 34237 Listing by Robert D. Bevington


Frequently Asked Questions

When was property at 1677 4th Street built and last sold?
The property at 1677 4th Street was built in 1924 and last sold on Mar 21, 1997 for $132,500.
How much is this home worth?
The estimated value of the home located at 1677 4th Street is $949,299.
What are some comparable homes to 1677 4th Street?
There are currently no comparable homes to 1677 4th Street.