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Investment Highlights

  • Heavy daytime foot traffic
  • High walkability

Executive Summary

Positioned in Sarasota’s emerging Rosemary District, this vacant commercial parcel offers a prime redevelopment opportunity just minutes from Downtown Sarasota, The Bay Park, and the Sarasota Bayfront. Zoned DTE (Downtown Edge), the property allows for a variety of development options including mixed-use, multi-family, retail, office, hospitality, and residential projects. Surrounded by new construction, luxury condos, restaurants, art galleries, and entertainment venues, the site is ideally located within one of Sarasota’s fastest-growing urban corridors. Excellent walkability, strong traffic exposure, and close proximity to US-41 make this an exceptional opportunity for developers, investors, or owner-users looking to capitalize on Sarasota’s continued growth.
Located in Sarasota’s rapidly growing Rosemary District, 1386 5th St offers a prime position just north of Downtown Sarasota and minutes from The Bay Park, US-41, and the city’s vibrant dining, arts, and waterfront attractions. Surrounded by ongoing redevelopment, luxury residential projects, boutique retail, and popular restaurants, this location places investors and businesses in the heart of one of Sarasota’s most active urban growth corridors.

Property Facts

Price $399,900
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 0.07 AC
Zoning DTE - DTE/DOWNTOWN EDGE

1 Lot Available

Lot

Price $399,900
Price Per AC $5,364,832.78
Lot Size 0.07 AC

Positioned in Sarasota’s emerging Rosemary District, this vacant commercial parcel offers a prime redevelopment opportunity just minutes from Downtown Sarasota

Description

Nestled between 2 condo buildings, this 3,247 Sq Ft parcel presents an interested re-development opportunity.

Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
2026-12-0084
Land Assessment
$85,100
Improvements Assessment
$3,400
Total Assessment
$88,500
  • Listing ID: 40543606

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 1386 5th St, Sarasota, FL 34236

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