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2050 10th Street Sarasota, FL 34237

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For Sale
$2,200,000

Five-parcel assemblage in Sarasota's Park East neighborhood.

Type:Land
Lot size:
0.80 Acres
Added:
Apr 27, 2025
Days on Market:
357
Last Refresh:
Mar 13 at 9:50 am

Property Features for 2050 10th Street

General Information

Standard status
Active
Lot size
0.80 Acres
Property subtype
Land

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Listing Contact
Connor Meckley

Listing agent Connor Meckley License #3422871

Listing office PREFERRED SHORE LLC

Listing date Apr 27, 2025

Source Compass

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


Overview

Sarasota Redevelopment Opportunity Zone Assemblage

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.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Real Estate Agency Nail Salon Daycare Center Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Manatee
State
Florida
Longitude
-82.5292364
Latitude
27.3442902

FAQs

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.
More about this property
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