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USAFLSarasotaShanandoah Park2050-2026 10Th St
2026 - 2050-2026 10 Th St, Home with 8 bedrooms, 5 bathrooms and null parking in Sarasota FL | Image 1
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$2,200,000

2026 - 2050-2026 10 Th St, Sarasota, FL

Real Estate

For Sale

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850
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1027 sqft
Garage No
Taxes $18,777
Days Active 0
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $2,142
MLS® Number TB8397140

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberTB8397140
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.8
ExteriorOutbuildings
GarageNo
Approx. Age1947
Basement
Driveway
Garage Spaces
HeatCentral, Ductless
A/CCentral Air, Wall/Window Unit(s)
Heating Fuel

Extras

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