This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood offers a rare redevelopment opportunity in an area experiencing ongoing growth. Totaling approximately 35,000 square feet (350 road frontage x 100) deep or (0.80 acres), the site currently includes five income-producing rental units bringing in a total of $8,250 per month. The property is also situated within an Opportunity Zone. Zoning allows for mixed-use development with ground-floor commercial and multifamily residential uses as well as hotel developments with ground-floor commercial. The property supports a base density of 25 units per acre, with the potential to achieve up to 100 units per acre through participation in the City of Sarasota’s Attainable Housing Density Bonus Program. Building heights of up to four stories are permitted under current zoning. The property is strategically located near downtown Sarasota, US-301, Fruitville Road, and I-75, offering convenient access to local employers, retail corridors, and regional transportation. Nearby recreational and cultural amenities include Bayfront Park, Payne Park, Gillespie Park, and the Rosemary District. Rental income provides holding revenue while entitlements and development planning are pursued. Seller financing may be available, subject to terms. Buyer is responsible for verifying all zoning regulations, density bonuses, and development entitlements with the City of Sarasota.
Lot/land
$2,200,000
2050-2026 10th St, Sarasota, FL 34237
--beds
0baths
0.8Acres
Unimproved Land
Built in ----
0.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 50 days
- on Zillow |
- 41 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 01:40am
Listing Provided by:
Connor Meckley 941-279-0013,
PREFERRED SHORE LLC 941-999-1179
Source: Stellar MLS,MLS#: TB8397724
Originating MLS: Sarasota - Manatee

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 0.8 Acres
- Dimensions: 350 x 100
- Features: City Lot, Near Public Transit, Sidewalk
Details
- Additional parcels included: 2028040034, 2028040035, 2028040031 2028040033,
- Parcel number: 2028040036
- Zoning: DTE
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: SHANANDOAH PARK
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Sarasota
Financial & listing details
- Annual tax amount: $18,776
- Date on market: 6/16/2025
- Listing terms: Cash,Owner May Carry,Special Funding
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Paved
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