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    1420 5Th St Sarasota, FL 34236

    For Sale
    $825,000

    Rare opportunity in the Rosemary District, ideal for development.

    Property size:
    5,751 SF
    Lot size:
    0.14 Acres

    Property Features for 1420 5Th St

    General Information

    Size
    5,751 SF
    Lot size
    0.14 Acres

    Source: Ian Black Real Estate, LLC Agent Jag Grewal CCIM, SIOR

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

    Overview

    Prime Vacant Land in Sarasota

    This vacant land parcel is located in the Rosemary District of Sarasota. The property is zoned DTE (Downtown Edge), allowing for various development possibilities, including retail, office, multi-family residential, or a mixed-use project. Situated minutes from Downtown Sarasota, the location provides convenient access to cafes, dining, and shopping. The property has a size of 5751 square feet and is positioned for visibility within the evolving neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frank Commercial HVAC Heating Equipment Supplier Garza Corp Heating Equipment Supplier

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Clothing Store Pharmacy Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.542238
    Latitude
    27.3403248

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    FAQs

    What type of property is this?
    Land - Rare opportunity in the Rosemary District, ideal for development.
    Where is this land located?
    The property is located at 1420 5Th St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - Prime vacant land in the thriving Rosemary District.; - Zoned DTE (Downtown Edge) offering versatile development possibilities (retail, office, multi-family, mixed-use).; - Minutes from Downtown Sarasota.
    (941) 356-5042
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    1420 5Th St Sarasota, FL 34236
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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
    1420 5Th St Sarasota, FL 34236
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