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2026 10th St - Prime Development Opportunity Zone Near DT
0.8 Acres of Commercial Land Offered at £2,327,550 in Sarasota, FL 34237
Executive Summary
The property boasts an excellent location near downtown Sarasota, the world-renowned Ringling College of Art and Design, and is just a short distance from central Sarasota and I-75. Situated close to major thoroughfares US-301 and Fruitville Road, it provides easy access to downtown Sarasota and its beautiful beaches. The area is rich in shopping, dining, and entertainment options.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | £2,327,550 | Property Subtype | Commercial |
| Sale Type | Owner User | Total Lot Size | 0.80 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | £2,327,550 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.80 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | £2,327,550 | Lot Size | 0.80 AC |
| Price Per AC | £2,896,804 |
| Price | £2,327,550 |
| Price Per AC | £2,896,804 |
| Lot Size | 0.80 AC |
2028040036, 2028040034, 2028040035, 2028040033, 2028040031
Description
This centrally located site offers a fantastic opportunity for a mixed-use development that could include retail, office space, restaurants, multi-family housing, and a hotel. With current zoning allowing a density of 25 units per acre (plus bonus density), a total of 80 units can be developed. The property boasts an excellent location near downtown Sarasota, the world-renowned Ringling College of Art and Design, and is just a short distance from central Sarasota and I-75. Situated close to major thoroughfares US-301 and Fruitville Road, it provides easy access to downtown Sarasota and its beautiful beaches. The area is rich in shopping, dining, and entertainment options. The site also offers excellent visibility on 10th Street and is in an area experiencing significant redevelopment of similar properties.
PROPERTY TAXES
| Parcel Number | 2028-04-0035 | Improvements Assessment | £0 (2023) |
| Land Assessment | £188,808 (2023) | Total Assessment | £188,808 (2023) |
PROPERTY TAXES
zoning
| Zoning Code | DTE (downtown edge) |
| DTE (downtown edge) |
-
Kevin Robbins -
Harry E. Robbins Associates, Inc.
Presented by
2026 10th St - Prime Development Opportunity Zone Near DT
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