Petroutsa Brothers Sub Real Estate

Petroutsa Brothers Sub Real Estate

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Newest Listings in Petroutsa Brothers Sub

$499,000
3 Beds 2 Baths A4703716 MLS
Welcome to Gillespie Park, one of Sarasota’s most distinctive historic neighborhoods, where established residential streets meet the energy, growth, and convenience of Downtown Sarasota. This 5,000-square-foot parcel with DTE zoning is being offered for its land value and the existing structure is being conveyed in its present As-Is condition. A great opportunity for a developer, builder, investor, or long-term landholder seeking a strategically positioned site near the heart of the city. Downtown Edge zoning is intended to provide a transition between Sarasota’s downtown core and surrounding neighborhoods while accommodating a mix of residential and compatible nonresidential uses. The property is also located within a zoning district eligible for the City of Sarasota’s Downtown Attainable Housing Density Bonus Program, which may provide additional density opportunities for qualifying developments, subject to City requirements, approvals, development standards, and site-specific feasibility. The location adds another layer to the opportunity. Gillespie Park combines historic neighborhood character with newer construction, redevelopment, green space, and convenient access to the many destinations surrounding Downtown Sarasota. Restaurants, coffee shops, entertainment, cultural venues, the Rosemary District, Main Street, The Bay, and Sarasota’s waterfront are nearby, while St. Armands Circle, Lido Key, and the Gulf beaches are within easy reach. For those looking beyond the existing improvements and toward the potential of the site itself, this is an opportunity to control DTE-zoned land within Sarasota’s downtown area and explore what may be possible today or in the future. Buyers and developers are encouraged to independently verify zoning, allowable uses, density, setbacks, demolition requirements, utilities, and eligibility for applicable development incentives with the City of Sarasota.

919 Goodrich Avenue, Downtown

Listing courtesy of KW COASTAL LIVING III. murraycoleman@kw.com

$6,000,000
A4701380 MLS
Prime Multifamily Development Opportunity in Sarasota's Historic District Exceptional corner lot in the heart of Sarasota's sought-after Historic District, offering an outstanding opportunity for developers and investors. This premier location is just a short walk to vibrant Downtown Sarasota, where you'll find world-class dining, shopping, entertainment, art galleries, and the beautiful Sarasota Bay waterfront. Zoned for multifamily development with the potential for up to 24 residential units, this property is ideal for luxury townhomes, condominiums, or an upscale multifamily community in one of Sarasota's fastest-growing and most desirable neighborhoods. A major advantage is that all utilities are already on site, including water, sewer, electric, and other essential services, helping reduce development costs and streamline the building process. With its high-visibility corner location, walkable lifestyle, and strong demand for new residential housing, this property presents an exceptional investment opportunity with significant upside potential. Highlights: Prime corner lot in Sarasota's Historic District Walking distance to Downtown Sarasota Zoned Multifamily – Up to 24 Units Excellent opportunity for townhomes or condominiums All utilities on site Strong growth area with high demand for new residential development Outstanding investment and redevelopment potential Opportunities like this are increasingly rare. Contact us today for zoning details, site information, and development potential before this exceptional property is gone

918 Orange Avenue, North Sarasota

Listing courtesy of COMPASS FLORIDA LLC. 941-279-3630

$674,000
4 Beds 2 Baths A4695133 MLS
Virtually Staged. Welcome to the heart of Sarasota living in the desirable Gillespie Park neighborhood! This spacious 4-bedroom, 2-bath residence offers over 1,800 square feet of comfortable living space with an open floor plan, soaring ceilings, and durable tile flooring throughout. Built in 1996 and thoughtfully updated with a new AC system and new windows, the home combines modern efficiency with everyday functionality. The enclosed garage provides exceptional flexibility and can serve as a bonus room, home office, den, fitness space, or potential in-law suite opportunity. Step outside to your own private backyard sanctuary featuring a fully fenced yard—perfect for entertaining, gardening, pets, or simply enjoying Florida’s outdoor lifestyle. Located within Sarasota city limits, this property offers excellent short-term rental potential and places you just minutes from vibrant downtown Sarasota, world-renowned beaches, SRQ Airport, shopping, dining, arts, and entertainment. Residents of Gillespie Park enjoy access to the community’s beautiful 10-acre park featuring tennis courts, walking paths, a scenic pond, playground, and expansive green space. Whether you’re searching for a primary residence, investment property, or seasonal retreat, this home delivers the best of Sarasota living with location, versatility, and lifestyle all in one exceptional package.

1649 8th Street, North Sarasota

Listing courtesy of MICHAEL SAUNDERS & COMPANY. 941-907-9595

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