2050-2026 10Th St Sarasota, FL 34237

Property Details for 2050-2026 10Th St

Property type

Commercial real estate

Description

This exceptional 35,000 square foot commercial land parcel presents a prime development opportunity in Sarasota, Florida. Located in a designated Opportunity Zone at 2026 10th Street, 34237, this property is ideally situated near downtown Sarasota, offering unparalleled access to the city's vibrant amenities and attractions. The DTE zoning permits a diverse range of development options, including retail, office space, restaurants, multi-family housing, and even a hotel. With a permitted density of 25 units per acre, plus bonus density, the site allows for the development of up to 80 units. Its strategic location near Ringling College of Art and Design, I-75, US-301, and Fruitville Road ensures excellent visibility and accessibility. The surrounding area is rich with shopping, dining, and entertainment venues, creating a highly desirable location for a mixed-use development. This is a rare chance to capitalize on the growth potential of Sarasota's thriving downtown area and take advantage of the benefits of an Opportunity Zone designation. The asking price for this remarkable property is $2,950,000. This represents a significant investment opportunity with substantial potential for return.

Location Insight

City

Sarasota

County

Manatee

State

Florida

Longitude

-82.5299988

Latitude

27.3442902