Property profile

1818 Main St Sarasota, FL 34236

OFF-MARKET
Retail space
Property ID
US18-5314262
1,339 SF 0.11 ac lot Built 1929
Trust Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.22-acre commercial land parcel presents a rare opportunity in Sarasota's vibrant downtown core. Located at 1824 Main Street, this property boasts 96 feet of frontage on Main Street, offering unparalleled visibility and accessibility. The site is comprised of four pads and is zoned for high-density development, allowing up to 50 units per acre, according to current zoning regulations. This presents a unique chance to develop a high-impact project in a thriving urban environment. The property includes a classic Old Florida building, adding character and potential for adaptive reuse or redevelopment. The asking price is $3,200,000. This is an exceptional urban infill site in an Opportunity Zone, making it an attractive investment opportunity. The address is 1818 Main St, Sarasota, FL 34236. Serious inquiries are encouraged. Bring offers.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Total area 1,339 SF
Lot 0.11 ac (4,800 SF)
Zoning code DTC
APN 2027-01-0062
UPID US18-5314262

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Clothing & Fashion Store

Location

1818 Main St Sarasota, FL 34236-5912
Sarasota metro Census 102 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
$320k
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

since 2026
1 recorded transaction
2026
$2.6M

Zoning & alternative use

DTC · Sarasota, FL
Zoning description

screening between registered vacation rentals and single family uses; modify the definition for restaurants and add language to facilitate outdoor restaurants and seating; permit mobile food trucks as a permitted use in…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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