Sarasota Redevelopment Opportunity Zone
For Sale
$2,200,000
2050 10th Street, Sarasota, FL 34237
Five-parcel assemblage in Sarasota's Park East neighborhood.
Property SizeContact for details
Lot Size0.80 Acres
Days on Market453
Property Features for 2050 10th Street
General Information
Standard status
Active
Lot size
0.80 Acres
Property subtype
Land
Zoning
DTE
Taxes and HOA fees
Annual Taxes
$18,777
Amenities
No
Square Feet
Listing Agency:
PREFERRED SHORE LLC
(941) 279-0013
Listed By:
Connor Meckley · License #3422871
(941) 279-0013
Source:
Compass
Added: May 17, 2025
Changed: Aug 8
Last Checked: Jul 31 at 11:58AM
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 PREFERRED SHORE LLC
Investment Insights
Based on property information with market context.
This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood presents a redevelopment opportunity within an area experiencing growth. The site totals approximately 35,000 square feet (350 road frontage x 100 deep or 0.80 acres). It includes five income-producing rental units, generating a total of $8,250 per month. The property is situated within an Opportunity Zone. Zoning allows for mixed-use development with ground-floor commercial and multifamily residential uses, as well as hotel developments with ground-floor commercial. The property supports a base density of 25 units per acre, with the potential to achieve 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, offering 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. Rental income provides holding revenue while entitlements and development planning are pursued.
Key Highlights
- Rare 0.80‑acre redevelopment opportunity in Sarasota's growing Park East neighborhood.
- Income‑producing property with $8,250 monthly rental income.
- Located within an Opportunity Zone.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,827
Businesses Nearby
Explore this area
Business Placement
Demographics for 34237, FL
16,740
Population
9,194
Households
1.8
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
4,292
Density / Sq Mi
$63,133
Median Household Income
$35,044
Median Earnings
$1,524
Median Rent
$234,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Five-parcel assemblage in Sarasota's Park East neighborhood.
Where is this commercial land located?
The property is located at 2050 10th Street 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.; Income‑producing property with $8,250 monthly rental income.; Located within an Opportunity Zone.
