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Office Building with Active Truist Branch
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1777 Main Street, Sarasota, FL 34236

DTC-zoned high-rise office building at a signalized intersection with an active Truist branch and available space.

Property Size105,000 SF
Lot Size2.38 Acres
Days on Market5

Property Features for 1777 Main Street

General Information

Standard status Active
Size 105,000 SF
Class Class A
Lot size 2.38 Acres
Property subtype Office, Mixed Use, Land
Zoning DTC

Additional Details

Road Access Yes

Building Details

Year Built 1975
Buildings 1
Stories 10
Listing Agency: Franklin Street Tampa
Listed By: Jason Donald · License #SL706745
Source: Crexi
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 31 at 7:55AM

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 Franklin Street Tampa

Investment Insights

Based on property information with market context.

This 10-story Class A office building sits on a 2.38-acre Downtown Core (DTC)-zoned site at the signalized intersection of Main Street and South Osprey Avenue. The property includes an active Truist Bank branch and approximately 105,000 SF of available office space. Built in 1975, the building offers in-place cash flow today while repositioning or redevelopment plans are pursued. Strong corner visibility supports day-to-day presence for the branch and future tenancy.

The site is one of two parcels in a Truist Bank disposition and is being offered independently. Current tenants will all be vacated by 2027, aligning with the timeline for repositioning the asset for a new occupant mix or redevelopment concept.

Key Highlights

  • 2.38‑acre Downtown Core (DTC)-zoned site
  • 10‑story Class A office building
  • Active Truist Bank branch on site

Property Analytics

Current Use

McGriff Insurance Services Insurance Agency Matt Watkins - Truist ... Loan Service HBKS Wealth Advisors Financial Advisor GenSpring | SunTrust Private ... Financial Advisor Chessler Holdings Corporate Office

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Florist Veterinary Clinic Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6,548
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - DTC-zoned high-rise office building at a signalized intersection with an active Truist branch and available space.
Where is this office building located?
The property is located at 1777 Main Street Sarasota, FL.
What are key features of this property?
This property features: 2.38‑acre Downtown Core (DTC)-zoned site; 10‑story Class A office building; Active Truist Bank branch on site
(813) 223-6300 Call to check price and availability
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