1565 State Street SARASOTA, Sarasota, FL 34236

Building Details

Year Built

1921

Listing office Show Phone

Listing date Jul 7, 2026

Source Movetojacksonville

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 Crystal Barling

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Overview

This downtown parcel includes a 13,000 SF building that has been gutted and is ready to be finished off or redeveloped. The property also provides 15 on-site parking spaces, a rare asset for downtown development. A city parking garage sits directly across the street.

Located at 1565 State Street in Sarasota, the site is zoned DTC (Downtown Core). Under the base DTC density, the city zoning allows up to 10 stories at 50 units per acre or 18 residential units. In addition, the City of Sarasota created an “Attainable Housing Density Bonus” entitlement option for DTC properties, described as AHDB.

Under AHDB, the subject is noted as entitled to 72 total units, with 8 units designated as “attainable” and 64 as market rate. “Attainable” is defined in the remarks as rents or sales prices not exceeding 30% of AMI, and current AMI for the City of Sarasota is approximately $80,000 per year. For buyers and developers, the combination of an already-cleared building and downtown parking support a straightforward path to either interior build-out or a higher-density residential redevelopment strategy within the provided entitlement framework.

Suggested Use

Auto Parts Store Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Mobile Phone Store Pet Store (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Sarasota

County

Manatee

State

Florida

Longitude

-82.5393398

Latitude

27.3358057

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FAQs

What type of property is this?

Church & religious facility - Large downtown parcel with 15 on-site parking spaces and a 13,000 SF building ready for completion or redevelopment.

Where is this church & religious facility located?

The property is located at 1565 State Street SARASOTA Sarasota, FL.

What is the asking price?

The asking price for this property is $5,900,000.

What are key features of this property?

This property features: Large downtown parcel with a 13,076 SF (approx. 13,000 SF) building and 1 building on the site; 15 on‑site parking spaces, with a city parking garage directly across the street; Building has been gutted and is ready to finish or for redevelopment