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    Prime Corner Parcel for Development Title is generated by Realmo AI

    1000 N WASHINGTON Blvd, Sarasota, FL 34236

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    For Sale
    $2,250,000

    0.66-acre corner parcel with mixed-use development potential.

    Type:Commercial
    Property size:
    7,700 SF
    Lot size:
    0.66 Acres
    Price / SF:
    $292/SF
    Added:
    Mar 10, 2026
    Days on Market:
    121
    Last Refresh:
    Jul 2 at 8:35 am

    Property Features for 1000 N WASHINGTON Blvd

    General Information

    Standard status
    Active
    Size
    7,700 SF
    Lot size
    0.66 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1965

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    Isaiah Miller

    Listing office HARRY ROBBINS ASSOC INC

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of HARRY ROBBINS ASSOC INC

    HighLights

    • High‑visibility corner location at a signalized intersection (US 301 and 10th Street).
    • DTE zoning allows for diverse mixed‑use development.
    • Includes an income‑producing residential unit for immediate cash flow.
    • Dual ingress/egress onto both Washington Boulevard and 10th Street.
    • Excellent connectivity with quick access to Fruitville Road (SR 780), Downtown Sarasota, and Interstate 75.
    • Close proximity to cultural venues, waterfront, and restaurants; walkable and bikeable.

    Overview

    This 0.66-acre corner parcel is located at the signalized intersection of US 301 (Washington Boulevard) and 10th Street. The property includes an office building with a driveway and dual ingress/egress onto both Washington Boulevard and 10th Street, as well as a residential unit that generates income. Zoned DTE, the site is suitable for mixed-use development, including residential, office, retail, or live/work concepts. A recent site plan proposed a four-story mixed-use building with 36 residential units and approximately 7,700 square feet of office space. The location provides traffic exposure and connectivity, situated directly on US 301 with access to Fruitville Road (SR 780), Downtown Sarasota, and Interstate 75. The property is located minutes from cultural venues, the waterfront, and restaurants, and benefits from walkability and bikeability.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $231.0k $30.00
    − Vacancy −$15.0k −$1.95
    EGI $216.0k $28.05
    − OpEx −$81.0k −$10.52
    NOI $135.0k $17.53
    7,700 SF · lease $30.00/SF/yr · vacancy 6.50% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $1.93M
    $1.69M – $2.25M (±1% cap)
    NOI $134,991 @ 7.0% cap · market cap 6.00%
    Second Best
    Office B
    $1.80M
    $1.57M – $2.10M (±1% cap)
    NOI $125,738 @ 7.0% cap · market cap 5.59%
    Theoretical Best
    Office A
    $2.26M
    $1.98M – $2.64M (±1% cap)
    NOI $158,503 @ 7.0% cap · market cap 7.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sarasota Web Design Marketing & Advertising Cameron Asset Management Business Management Consultant Gamblers Anonymous Telecommunications Service Southwest Florida Bus ... Advocacy Group Charlie's Cleanup & Bobcat ... General Contractor

    Suggested Use

    Florist Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market Farmer's Market Clothing & Fashion Store Veterinary Clinic Tanning Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5307
    Latitude
    27.3447

    FAQs

    What type of property is this?
    Commercial land - 0.66-acre corner parcel with mixed-use development potential.
    Where is this commercial land located?
    The property is located at 1000 N WASHINGTON Blvd Sarasota, FL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: High‑visibility corner location at a signalized intersection (US 301 and 10th Street).; DTE zoning allows for diverse mixed‑use development.; Includes an income‑producing residential unit for immediate cash flow.
    More about this property
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