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Under ConstructionNew Construction$1,500,000 price cut

1755 8TH STREET UNIT WestNew Construction Home in Sarasota, FL

Sarasota, FL 34236 · Sarasota County

$1,100,000

$2,600,000

$432/sq ft

4 Beds3 Baths2,546 sq ftBuilt 2025

Photos of 1755 8TH STREET UNIT West

1755 8TH STREET UNIT West, Sarasota, photo 1 of 111 / 11

Who is building this home?

This home is listed as built by DCI, floor plan Custom. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.

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About this home

Under Construction. **New Construction Luxury Half Duplex in Gillespie Park – Walkable to Downtown Sarasota** Discover a rare opportunity to own a newly constructed luxury residence in Sarasota's highly sought-after Historic Gillespie Park neighborhood. This three-story, all-block half duplex offers more than 2,500 square feet of thoughtfully designed living space, featuring 4 bedrooms, 3 bathrooms, a spacious third-floor flex room, and an expansive rooftop-style balcony ideal for entertaining, working remotely, or enjoying Sarasota's year-round sunshine. Currently in the drywall phase of construction, this home presents a unique chance for buyers to personalize interior finishes, fixtures, and materials before completion. Major infrastructure is already in place, including electrical, plumbing, hurricane-rated PGT impact windows, and a durable EPDM roofing system. The versatile third-floor space can serve as a home office, media room, game room, art studio, fitness area, or private retreat. Located just four homes from Gillespie Park and only blocks from Downtown Sarasota, residents will enjoy convenient access to award-winning restaurants, boutique shopping, cultural venues, theaters, farmers markets, waterfront attractions, and the vibrant downtown lifestyle that makes Sarasota one of Florida's most desirable places to live. Priced at $1.1 million, this property offers the rare combination of new construction, customizable finishes, modern hurricane-resistant construction, and an unbeatable walkable location near downtown Sarasota. **Important:** This offering is for the west-side residence only. The property is currently situated on a single parcel. Sale is contingent upon final municipal approval, recording of the lot split, and issuance of a separate Parcel ID prior to closing. Schedule your private tour today and secure one of the most unique new construction opportunities currently available in Gillespie Park and Downtown Sarasota.

Home details and costs

MLS number
A4672875
Property type
1/2 Duplex
Build stage
Under Construction
Builder
DCI
Floor plan
Custom
Heated square feet
2,546 sq ft
Total under roof
3,588 sq ft
Stories
3+ Story
Lot size
0.17 acres
Subdivision
Schindler Sub
HOA fee
No HOA
Annual property tax
$3,965 (current assessment)
Days on market
304 days

Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds

What would this home actually cost per month?

Pre-filled with this listing's price and HOA. Adjust anything to match your situation.

Estimated monthly payment

$8,512

$110,000 down (10%) on a $990,000 loan

Principal and interest
$6,257
Property tax (estimated)
$1,575
Homeowners insurance
$267
PMI (under 20% down)
$413

CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.

The tax figure in the MLS looks like a bare-lot assessment. It lists $3,965 a year, while taxing this purchase price works out closer to $18,900. On new construction the county reassesses once the house is finished, so budget from the higher number.

Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.

Get the real numbers on this home

What is negotiable on this home?

This listing shows real leverage signals. Here is what its own numbers say.

  • On the market 304 daysStrong signal

    Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.

  • Reduced $1,500,000 (58%)Strong signal

    Originally listed at $2,600,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.

  • Still under constructionContext

    The builder has money in the ground but no finished house to carry, so there is less pressure than on standing inventory. The upside is that some finish selections are usually still open.

Where builders actually give

Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.

Ask Barrett what this builder will move on

Virtual tour

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Other new construction homes in Sarasota

Listed by Wagner Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 1755 8TH STREET UNIT West, Sarasota, FL 34236 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.

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