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Large parcel in the heart of dowtown, with 15 on site parking paces (incredibly rare) and a city parking garage directly across the street. The 13,000 SF building has been gutted and is ready to be finished off or re developed. Zoning is DTC (Downtown Core) allowing 10 stories at 50 units per acre or 18 residential units. Density Bonus: The City of Sarasota, to encourage Attainable Housing, has created an Attainable Housing Density Bonus" AHDB" entitlement option for DTC, DTB and DTE zoned properties. The AHDB offers up to 4-times the entitled residential density provided 15% of the "bonus" units are "attainable". Base residential density for the subject is 18-units; under the AHDB the subject is entitled to 72-units provided 8-units "attainable" and 64 may be market rate. "Attainable" is defined that rent or sales price does not exceed 30% of the AMI (area medium income). Currently AMI for the City of Sarasota is approximately $80,000 per year.
| DAYS ON MARKET | 12 | LAST UPDATED | 2/24/2026 |
|---|---|---|---|
| TRACT | PLAT OF SARASOTA EXHIBIT | YEAR BUILT | 1921 |
| COMMUNITY | 34236 - Sarasota | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 34236 - Sarasota |
| CONSTRUCTION | Block, Brick |
| LOT | 0.36 acre(s) |
| STORIES | 2 |
| SUBDIVISION | PLAT OF SARASOTA EXHIBIT |
| TAXES | 42149.19 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Tom Cail, PA, RE/MAX ALLIANCE GROUP, 941-954-5454
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 3/6/26 9:21 PM PST.
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