1245 4TH ST Sarasota, FL 34236

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.