This 5,000 square foot lot is zoned Downtown Neighborhood (DTN) and falls within the Missing Middle Overlay District, allowing for a wide range of residential development options! The property permits up to 12 units per acre, or up to 35 units per acre when utilizing the Attainable Housing Density Bonus. The lot is ideal for the construction of a single-family residence with an accessory dwelling unit (ADU) or a small multifamily structure such as a duplex or triplex. With an existing water connection in place and a level, cleared site, the property is well-positioned for immediate development. Located near Gillespie Park and just blocks from Sarasota’s downtown core, this lot offers close proximity to restaurants, shopping, public transportation, and community amenities. Buyer to verify all zoning, density, and development requirements with the City of Sarasota. Not in a flood zone! Seller Financing Available!