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2040 6th St 7,257 SF Specialty Building Offered at $1,850,000 in Sarasota, FL 34237
INVESTMENT HIGHLIGHTS
- Located in Sarasota’s Downtown Neighborhood zoning district
- Secure income stream with tenant in place through July 2026
- Positioned within a federally designated Opportunity Zone
- Minutes from Downtown Sarasota and major transportation routes
EXECUTIVE SUMMARY
Positioned just east of US-301 and minutes from Downtown Sarasota, 2040 6th Street offers a rare investment opportunity in one of Florida’s most dynamic markets. This 1.04-acre property features a 7,257 SF building under DTN zoning, allowing for a wide range of uses including office, educational, and institutional purposes. Its inclusion in an Opportunity Zone enhances long-term value with significant tax advantages for investors.
Currently leased to a single tenant through July 2026, the property provides immediate income stability while offering exceptional upside for redevelopment. Under current zoning, the site can be transformed into a three-story residential development accommodating up to 35 units—ideal for Sarasota’s growing demand for urban living.
The location combines convenience and connectivity, with quick access to major thoroughfares, vibrant downtown amenities, and Sarasota’s cultural attractions. Surrounding neighborhoods boast strong demographics, including an average household income exceeding $96,000 within one mile. This property is perfectly suited for investors seeking a blend of current cash flow and future development potential in a thriving coastal city.
Currently leased to a single tenant through July 2026, the property provides immediate income stability while offering exceptional upside for redevelopment. Under current zoning, the site can be transformed into a three-story residential development accommodating up to 35 units—ideal for Sarasota’s growing demand for urban living.
The location combines convenience and connectivity, with quick access to major thoroughfares, vibrant downtown amenities, and Sarasota’s cultural attractions. Surrounding neighborhoods boast strong demographics, including an average household income exceeding $96,000 within one mile. This property is perfectly suited for investors seeking a blend of current cash flow and future development potential in a thriving coastal city.
PROPERTY FACTS
| Price | $1,850,000 | Lot Size | 1.05 AC |
| Price Per SF | $254.93 | Building Size | 7,257 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1972 |
| Property Subtype | Movie/Radio/TV Studio | Parking Ratio | 6.89/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | DTN - Downtown Neighborhood | ||
| Price | $1,850,000 |
| Price Per SF | $254.93 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Movie/Radio/TV Studio |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 7,257 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 6.89/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | DTN - Downtown Neighborhood |
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 2028-12-0048 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,125,905 |
PROPERTY TAXES
Parcel Number
2028-12-0048
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,125,905
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