0 Albert Pl 0.4 Acres of Residential Land Offered at $500,000 in Sarasota, FL 34231

Discover a compelling development opportunity in one of Sarasota’s most desirable and steadily expanding corridors. This .40-acre parcel, offering approximately 143 feet of frontage along Albert Place, is ideally positioned for an investor or developer seeking versatility, visibility, and proximity to daily-needs retail. Located within a Very Walkable neighborhood with a Walk Score of 71, the site supports convenient access to amenities, employment centers, and residential communities, a feature that continues to attract both residents and commercial operators to the area.
Strategically situated near major anchors including Publix and Detwiler’s Farm Market, the property benefits from strong existing traffic patterns and high consumer draw. The surrounding 3-mile radius is projected to experience an impressive 15 percent population growth between 2024 and 2029, reinforcing long-term demand for multifaceted commercial, residential, or mixed-use development. Early indicators show this pocket of Sarasota is evolving rapidly, presenting a runway of potential for projects designed to meet the area’s rising density and purchasing power.
The site’s potential for rezoning to commercial use positions it as a flexible canvas for retail, medical, office, or service-oriented concepts seeking placement within an established community footprint. Its accessible setting, paired with Sarasota’s strong economic fundamentals, expanding demographics, and year-round tourism economy, makes this an attractive long-range investment capable of supporting a wide range of development visions.
Whether for a ground-up commercial use, small-format retail, or future mixed-use programming, 0 Albert Place offers a rare combination of walkability, anchored co-tenancy, and high-growth demographics in a coveted coastal market.