10TH In 2050-2026 10TH, SARASOTA, Florida

This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood offersrna rare redevelopment opportunity in an area experiencing ongoing growth. Totalingrnapproximately 35,000 square feet (350 road frontage x 100) deep or (0.80 acres), the site currently includes five income-rnproducing rental units bringing in a total of $8,250 per month. The property is also situated within an Opportunity Zone.rnZoning allows for mixed-use development with ground-floor commercial and multifamilyrnresidential uses as well as hotel developments with ground-floor commercial. Thernproperty supports a base density of 25 units per acre, with the potential to achieve up torn100 units per acre through participation in the City of Sarasota’s Attainable HousingrnDensity Bonus Program. Building heights of up to four stories are permitted underrncurrent zoning.rnThe property is strategically located near downtown Sarasota, US-301, Fruitville Road, andrnI-75, offering convenient access to local employers, retail corridors, and regionalrntransportation. Nearby recreational and cultural amenities include Bayfront Park, PaynernPark, Gillespie Park, and the Rosemary District.rnRental income provides holding revenue while entitlements and development planningrnare pursued. Seller financing may be available, subject to terms. Buyer is responsible forrnverifying all zoning regulations, density bonuses, and development entitlements with thernCity of Sarasota.