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    1575 Blvd Of The Arts Sarasota, FL 34236

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    For Sale
    $1,500,000

    0.30 acres of DTE-zoned real estate in Sarasota's Rosemary District.

    Property Features for 1575 Blvd Of The Arts

    General Information

    Standard status
    Active

    Source: PREMIER SOTHEBYS INTL REALTY Agent KEVIN MILNER

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

    Overview

    Prime Rosemary District Development Opportunity

    Located in Sarasota's Rosemary District, this 0.30-acre property offers a development opportunity. Zoned DTE, the site consists of two contiguous parcels at the corner of Blvd of the Arts and Orange Avenue. Situated in a dynamic and culturally rich neighborhood, this location is near Lido Beach, Siesta Key, Longboat Key, and Anna Maria Island, as well as the shopping and dining of St. Armands Circle. The area features galleries, theaters, restaurants, the John Ringling Bridge, and the Sarasota Farmers Market. Cultural venues include the Asolo Repertory Theatre, the Van Wezel Performing Arts Hall, and the John and Mable Ringling Museum of Art. The upcoming 50-acre Bay Sarasota Park is expected to enhance the area's appeal. This property presents a chance to participate in Sarasota's future within a rapidly evolving neighborhood, suitable for a mixed-use development or a legacy investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Law Firm Pharmacy Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5390809
    Latitude
    27.3415212

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    FAQs

    What type of property is this?
    Commercial land - 0.30 acres of DTE-zoned real estate in Sarasota's Rosemary District.
    Where is this commercial land located?
    The property is located at 1575 Blvd Of The Arts Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime .30-acre corner property in Sarasota's desirable Rosemary District.; - DTE (Downtown Edge) zoning allows for vibrant mixed-use development.; - Two contiguous parcels offer immediate value and long-term investment potential.
    Request Owner's contact information
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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
    1575 Blvd Of The Arts Sarasota, FL 34236
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