625 S PALM AVENUE Sarasota, FL
$ 4,225,000
Property Attributes
  • MLS#A4509820
  • TypePending
  • CountySARASOTA
  • CitySarasota
  • AreaSarasota
  • NeighborhoodGROSVENOR PARK SUB
  • Zip34236
  • Style
  • Taxes$ 9953
  • Price$ 4,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Data Source:
Stellar MLS
Property Description

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 is available separately at $1,675,000. Oak Street would accommodate 3 additional newly 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.

Elementary School Middle School High School
Southside Elementary Brookside Middle Sarasota High
Price History
8/20/2021 Listed $4,990,000
9/23/2021 16% - $4,225,000

General Features

Additional Parcels Y/N No
Association Y/N No
Building Area Units Square Feet
County Sarasota
Current Use Other
Days on Market 46
Directions Interstate 75 exit Fruitville Road (#210) westbound. Turn south on Palm Avenue. Property on south side of street between Elder and Alderman.
Elementary School Southside Elementary
Facing Direction West
For Lease YN No
High School Sarasota High
Lot Size Square Feet 23400
MLS Area 34236 - Sarasota
Middle/Junior High School Brookside Middle
Ownership Fee Simple
Property Type Land
Sewer Public Sewer
Standard Status Pending
Status Pending
Street Name PALM
Tax Annual Amount 9953.46
Tax Lot 4
Tax Year 2020
Township 36S
Utilities Public
Virtual Tour https://www.youtube.com/watch?v=kkJfkVTLloc
Virtual Tour https://www.youtube.com/watch?v=kkJfkVTLloc
Water Access YN No
Zoning DTE

Interior Features

Flood Zone Code Zone AE
Front Footage 71
Living Area Units Square Feet
Street Suffix AVENUE

Exterior Features

Lot Dimensions 23400
Lot Size Acres 0.53
Road Surface Type Asphalt
Water Extras YN No
Water Source None
Water View YN No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 34236

AVG $1.92M
AVG $18,265
AVG 281
AVG 68
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.