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Downtown Multifamily Development Opportunity
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200 S Washington Blvd, Sarasota, FL 34236

Equity placement opportunity for a planned 242-unit multifamily development delivering in 2028 in downtown Sarasota.

Property Size75,000 SF
Days on Market131

Property Features for 200 S Washington Blvd

General Information

Standard status Active
Size 75,000 SF
Property subtype Multifamily
Investment Type Redevelopment

Additional Details

Opportunity Zone Yes
Multifamily Units 242

Building Details

Year Built 2028
Units 242
Listing Agency: Franklin Street
Listed By: Jonathan Barclay · License #SL3267772
Source: Crexi
Added: Apr 28 Changed: Aug 16 Last Checked: Sep 2 at 10:01PM

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

Investment Insights

Based on property information with market context.

Franklin Street presents Artist Court Residences, a co-GP/equity placement opportunity for a planned 242-unit multifamily development scheduled for delivery in 2028. The offering is structured around the development timeline and provides a vehicle for equity participation in the project.

Artist Court is located in downtown Sarasota and is described as being within one of the city’s four opportunity zones. The property is positioned to serve residents seeking proximity to area dining and shopping, along with access to art and outdoor activities, as referenced in the provided remarks.

This listing is offered for sale as an equity placement/co-GP opportunity tied to the 2028 delivery of the 242-unit multifamily development at 200 S Washington Blvd, Sarasota, FL 34236.

Key Highlights

  • Planned 242‑unit multifamily development with delivery scheduled for 2028
  • Artist Court Residences is an equity placement / Co‑GP opportunity
  • Located in downtown Sarasota

Property Analytics

Current Use

Mark Zampella Design Marketing & Advertising Sarasota Styles Salon ... Hair Salon Yoga Libre Gym & Fitness Center Anger Management Consultant ... Consultant Berlin Law Firm Law Firm

Suggested Use

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

242
Residential units

Location Intelligence

Trade Area within ½ mile

5,388
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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Equity placement opportunity for a planned 242-unit multifamily development delivering in 2028 in downtown Sarasota.
Where is this apartment building located?
The property is located at 200 S Washington Blvd Sarasota, FL.
What are key features of this property?
This property features: Planned 242‑unit multifamily development with delivery scheduled for 2028; Artist Court Residences is an equity placement / Co‑GP opportunity; Located in downtown Sarasota
More about this property
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