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1420 5th St 0.13 Acres of Commercial Land Offered at $799,000 in Sarasota, FL 34236
Investment Highlights
- DTE (Downtown Edge) zoning with mixed-use permitted, ideal for vertical development.
- Walkable to Bayfront, The Bay, Ritz-Carlton, and The Westin Sarasota.
- Prime downtown Sarasota location in the Rosemary District – Downtown Core.
- Surrounded by new construction and significant urban growth.
Executive Summary
Exceptional Development Opportunity in Sarasota’s Sought-After Rosemary District! Don’t miss this rare chance to own prime vacant land in the heart
of the thriving Rosemary District—one of Sarasota’s most dynamic and rapidly evolving neighborhoods. Zoned DTE (Downtown Edge), this versatile parcel offers a range of
possibilities, including retail, office, multi-family residential, or a mixed-use project. Located just minutes from Downtown Sarasota and within walking distance to trendy cafes, fine dining and shopping, this lot is perfectly positioned for maximum visibility and convenience. Whether you're a developer, investor, or end user, this is one of the few remaining vacant parcels in the downtown core—making it a smart play for long-term value.
of the thriving Rosemary District—one of Sarasota’s most dynamic and rapidly evolving neighborhoods. Zoned DTE (Downtown Edge), this versatile parcel offers a range of
possibilities, including retail, office, multi-family residential, or a mixed-use project. Located just minutes from Downtown Sarasota and within walking distance to trendy cafes, fine dining and shopping, this lot is perfectly positioned for maximum visibility and convenience. Whether you're a developer, investor, or end user, this is one of the few remaining vacant parcels in the downtown core—making it a smart play for long-term value.
Property Facts
| Price | $799,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | ||
| Zoning | DTE - Downtown Edge | ||
| Price | $799,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.13 AC |
| Zoning | DTE - Downtown Edge |
1 Lot Available
Lot
| Price | $799,000 | Lot Size | 0.13 AC |
| Price Per AC | $6,053,030.30 |
| Price | $799,000 |
| Price Per AC | $6,053,030.30 |
| Lot Size | 0.13 AC |
Description
Located just minutes from Downtown Sarasota and within walking distance to trendy cafes, fine dining and shopping, this lot is perfectly positioned for maximum visibility and convenience. Whether you're a developer, investor, or end user, this is one of the few remaining vacant parcels in the downtown core—making it a smart play for long-term value.
Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2026-11-0059 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $645,269 |
Property Taxes
Parcel Number
2026-11-0059
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$645,269
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Presented by
FRANK DINARDO, LICENSED REAL ESTATE BROKER
1420 5th St
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