This rare 1.0-acre site in downtown Sarasota presents an exceptional opportunity for developers to acquire or partner in a joint venture for a Core-Plus mixed-use development. Located along Main Street, adjacent to the Sarasota Government Complex, the property is strategically positioned in the heart of the city’s vibrant Park District. Just one block from the Legacy Trail Park, an 18.5-mile paved bike and jogging trail that runs from downtown Sarasota to Venice, and a block away from Payne Park’s 30 acres of greenspace, this site is ideal for a project that combines urban living with outdoor recreation.
Zoned for 200 units per acre within the DTC zone, the property has immense potential for multifamily development with ground-floor retail, making it a prime candidate for those seeking to capitalize on Sarasota’s expanding downtown area. Additionally, being situated in a Qualified Opportunity Zone offers significant tax incentives for development. Whether your vision is to build a multifamily tower, retail space, or a mixed-use project, this site provides incredible flexibility and potential.
Contact us to learn more about this exciting development opportunity.