Downtown Edge Development
New
For Sale
$2,495,000
1419 & 1427 7TH Street, Sarasota, FL 34236
Commercial Sale, SARASOTA, FL
Property Size2,047 SF
Lot Size0.31 Acres
Price / SF$1,218
Days on Market5
Property Features for 1419 & 1427 7TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
DTE
Window features
Aluminum Frames
Appliances
Refrigerator
Subdivision
ROSEMARY DISTRICT
Lot features
Central Business District, Historic District, City Limits, Paved
Directions
Downtown Sarasota Rosemary District: From US41, east on Fruitville, north/left on Central, right on 7th Street. Property consists of 1st and 2nd buildings on your left/north side of street.
Standard status
Active
APN
2026060034
Size
2,047 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 3 & 4, BLK Y,SUB OF LOT 12, PLAT OF SARASOTA, SUBJ TO 800 C-SF SIDEWALK & UTILITY ESMT TO CITY OF SARASOTA, BEING SAME LANDS DESC IN ORI 2005128326
Tax Annual Amount
15475
Legal Description
LOTS 3 & 4, BLK Y,SUB OF LOT 12, PLAT OF SARASOTA, SUBJ TO 800 C-SF SIDEWALK & UTILITY ESMT TO CITY OF SARASOTA, BEING SAME LANDS DESC IN ORI 2005128326
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
2
Flooring type
Carpet
Building materials
Concrete, Wood Siding
Roof type
Shingle, Metal
Listing Agency:
PREMIER SOTHEBY'S INTERNATIONAL REALTY
(941) 364-4000
Listed By:
Frank Lambert · License #0345242
(941) 920-1500
Added: Sep 17
Changed: Sep 20
Last Checked: Sep 21 at 1:06AM
MLS# A4706531
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.31-acre commercial land parcel contains two existing commercial buildings totaling 2,047 square feet, along with 11 paved parking spaces. The improvements include concrete and wood siding, central air, shingle and metal roofing, public water, public sewer, and available electricity. Both roofs were installed in 2006, and the buildings were treated for wood-destroying organisms in 2017.
Located at 1419 & 1427 7TH Street in Sarasota, the property is approximately 100 feet from Central Avenue and within blocks of Sarasota Bay and downtown Sarasota. The site carries Downtown Edge zoning within the Rosemary Residential Overlay District. A potential five-story, 31-residence condominium or mixed-use project with up to 31 parking spaces is identified, subject to zoning, governmental approvals, and development requirements.
The existing buildings are leased under triple-net terms through May 2027. Tenants have a right of first refusal on contracts written before that date. The adjacent vacant land identified as MLS A4706492 is described as offering a combined 62-unit development opportunity when assembled with this property.
Located at 1419 & 1427 7TH Street in Sarasota, the property is approximately 100 feet from Central Avenue and within blocks of Sarasota Bay and downtown Sarasota. The site carries Downtown Edge zoning within the Rosemary Residential Overlay District. A potential five-story, 31-residence condominium or mixed-use project with up to 31 parking spaces is identified, subject to zoning, governmental approvals, and development requirements.
The existing buildings are leased under triple-net terms through May 2027. Tenants have a right of first refusal on contracts written before that date. The adjacent vacant land identified as MLS A4706492 is described as offering a combined 62-unit development opportunity when assembled with this property.
Key Highlights
- 13,300‑square‑foot commercial land parcel on 0.31 acres
- Downtown Edge zoning within the Rosemary Residential Overlay District
- Two existing commercial buildings totaling 2,047 square feet
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,705
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land with existing buildings, paved parking, public utilities, and Downtown Edge zoning in Sarasota’s Rosemary Arts and Design District.
Where is this commercial land located?
The property is located at 1419 & 1427 7TH Street Sarasota, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 13,300‑square‑foot commercial land parcel on 0.31 acres; Downtown Edge zoning within the Rosemary Residential Overlay District; Two existing commercial buildings totaling 2,047 square feet
