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Mixed-Use Center with Restaurant Space
For Sale
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5214 & 5216 Ocean Blvd, Sarasota, FL 34242

Mixed-use property combining restaurant space, residential units, and on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 5214 & 5216 Ocean Blvd

General Information

Standard status Active
Total Parking Spaces 16
Property subtype Retail, Mixed Use
Zoning CG

Building Details

Tenancy Multi
Listing Agency: Ian Black Real Estate LLC
Listed By: Jag Grewal · License #FL BK699811
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:51PM

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 Ian Black Real Estate LLC

Investment Insights

Based on property information with market context.

This mixed-use center at 5214 & 5216 Ocean Blvd includes restaurant space, 3 tenanted residential units, and 16 onsite parking spaces. The restaurant component is leased through 2016, while the residential units provide an established mixed-use configuration.

The property is located in Siesta Key Village. CG zoning allows the 3 grandfathered residential units to remain part of future development, providing a defined residential component within the property’s existing commercial framework.

Key Highlights

  • Mixed‑use center at 5214 & 5216 Ocean Blvd
  • Restaurant space leased through 2016
  • 3 tenanted residential units

Property Analytics

Current Use

Bonjour French Café Restaurant

Suggested Use

Top Pick Building Supply Auto Repair Shop Law Firm Hair Salon HVAC Service Auto Parts Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 30% Apparel 5%
Circle K Shops & Services
12,027 visits/mo 0.1 miles
Another Broken Egg Cafe Dining
3,652 visits/mo 0.1 miles
Kilwin's Dining
2,612 visits/mo 0.1 miles
Truist Shops & Services
1,887 visits/mo 0.2 miles
Lilly Pulitzer Apparel
997 visits/mo 0.1 miles

Demographics for 34242, FL

7,417
Population
10,418
Households
0.7
Avg Household Size
65
Median Age
66%
College-Educated
97%
High-School Grad
3.6 sq mi
ZIP Area
2,060
Density / Sq Mi
$122,143
Median Household Income
$75,313
Median Earnings
$2,408
Median Rent
$995,900
Median Home Value

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property combining restaurant space, residential units, and on-site parking.
Where is this mixed-use property located?
The property is located at 5214 & 5216 Ocean Blvd Sarasota, FL.
What are key features of this property?
This property features: Mixed‑use center at 5214 & 5216 Ocean Blvd; Restaurant space leased through 2016; 3 tenanted residential units
(941) 906-8688 Call to check price and availability
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