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    2050-2026 10Th St Sarasota, FL 34237

    For Sale
    $2,200,000

    Multi Family - SARASOTA, FL

    Property size:
    1,027 SF
    Lot size:
    0.80 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 2050-2026 10Th St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    DTE
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    2028040036
    Interior features
    Primary Bedroom Main Floor
    Exterior features
    Paved, Outbuildings
    Size
    1,027 SF
    Lot size
    0.80 Acres

    Utilities

    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1947
    Number of units
    5
    Building materials
    Asbestos, Frame, Vinyl Siding, Wood Siding
    Roof type
    Metal, Shingle
    Architectural style
    Other
    Additional Structures
    Outbuilding

    Preferred Shore (941) 999-1179 [email protected]

    Listing agent Connor Meckley (941) 999-1179 License #3422871

    Listing date Oct 30, 2025

    MLS# TB8397140 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sarasota Multifamily Redevelopment Opportunity

    Located in Sarasota’s Park East neighborhood, this five-parcel assemblage presents a redevelopment opportunity within an area of ongoing growth. The site totals approximately 35,000 square feet (0.80 acres) with dimensions of 350 road frontage x 100 deep. Currently, the site includes five income-producing rental units, generating a total of $8,250 per month. The property is situated within an Opportunity Zone. The DTE zoning allows for mixed-use development with ground-floor commercial and multifamily residential uses, as well as hotel developments with ground-floor commercial. A base density of 25 units per acre is permitted, with the potential to reach up to 100 units per acre through participation in the City of Sarasota’s Attainable Housing Density Bonus Program. Building heights of up to four stories are permitted under current zoning. The property is strategically located near downtown Sarasota, US-301, Fruitville Road, and I-75, providing convenient access to local employers, retail corridors, and regional transportation. Nearby recreational and cultural amenities include Bayfront Park, Payne Park, Gillespie Park, and the Rosemary District. The property size is 1,027 square feet. Rental income provides holding revenue while entitlements and development planning are pursued.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Law Firm Realty agency Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.529239
    Latitude
    27.344264

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    FAQs

    What type of property is this?
    Apartment building - Five-parcel assemblage in Sarasota's Park East neighborhood.
    Where is this apartment building located?
    The property is located at 2050-2026 10Th St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Rare 0.80-acre redevelopment opportunity in Sarasota's growing Park East neighborhood.; - Located within an Opportunity Zone, offering potential tax benefits.; - Zoning allows for mixed-use development, including ground-floor commercial, multifamily residential, and hotels.
    (941) 999-1179
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    2050-2026 10Th St Sarasota, FL 34237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050-2026 10Th St Sarasota, FL 34237
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