Developer alert! Gillespie Park in Downtown Sarasota. This is an amazing opportunity to develop 30 residential units in the charming Gillespie Park Subdivision, a short walk or bike ride to Downtown Sarasota. The architectural conceptual plan designed by Hoyt Archtitects contains a site plan with a perfect mix of smaller and larger residential units with on site parking for 30 cars and street parking for approximately 5 cars. Units range from 875 square feet to 2600 square feet. This is a rare chance to own a piece of Sarasota's charm and develop it into a wonderful place to live!. Currently there are 3 single family homes plus an additional rental cottage on the property that can provide a good income as you plan your development. Gillespie Park was first developed in the early 1920’s, making it one of the oldest and most charming neighborhoods in Sarasota! It is walking distance to the Main Street area that includes numerous restaurants, shopping, hotels, theatre and entertainment venues. Gillespie Park also has a park with tennis and basketball courts, an off-leash dog park, a playground and more. The area is also very close to Marina Jacks, The Bay Park, Lido Key and the world famous St. Armand’s Key shopping area.