2050-2026 10th
SARASOTA, FL 34237
8
Bed
5
Bath
1,027Sqft
0.80Acre(Lot)
This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood offers a rare redevelopment opportunity in an area experiencing ongoing growth. Totaling approximately 35,000 square feet (350 road frontage x 100) deep or (0.80 acres), the site currently includes five income- producing rental units bringing in a total of $8,250 per month. The property is also situated within an Opportunity Zone. Zoning allows for mixed-use development with ground-floor commercial and multifamily residential uses as well as hotel developments with ground-floor commercial. The property supports a base density of 25 units per acre, with the potential to achieve up to 100 units per acre through participation in the City of Sarasota’s Attainable Housing Density Bonus Program. Building
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 8Bathroom Information
Total Baths: 5Interior Features
Primary Bedroom Main Floor Roof: Metal, Shingle Laundry Features: NoneRoofing Information
Metal, Shingle -
Flooring Information
Construction Materials: Asbestos, Vinyl Siding, Frame, Wood Siding -
Heating & Cooling
Heating: Central, Ductless Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1947 -
Exterior Features
Outbuildings Construction Materials: Asbestos, Vinyl Siding, Frame, Wood Siding Foundation Details: Block, Crawlspace, Pillar/Post/Pier
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Lot Information
Lot Dimensions: 350x100 Lot Description: City Limits, Near Public Transit, Sidewalk, Paved Lot Square Feet: 35000 Lot Acres: 0.8 Lot Size (SqMt): 3252Property Information
Property Type: Residential Income Sub Type: Multi Family
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Listing Price Information
Original List Price:$22000000
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Tax Information
Tax Lot: NA Tax Legal Description: LOTS 3 & 5 BLK B SHENANDOAH PARK, LOT 7 BLK B SHENANDOAH PARK, LOT 9 BLK B SHENANDOAH PARK, LOT 11 BLK B SHENANDOAH PARK, LOTS 13 & 15 BLK B SHENANDOAH PARK Annual Tax: $18776.7 Tax Year: 2024 Parcel Number: 2028040036
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Virtual Tour
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Utility Information
Electricity Connected, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public -
Location Information
Subdivision: SHANANDOAH PARK City: SARASOTA Direction: Head West on Fruitville Rd from i-75. Turn Right on 301 (N Washinton blvd). Turn Right on 10th St. Properties will be located on the right.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3410 Spanish Oak Terrace, Sarasota, FL, 34237 | $155,000 | 2 | 2 | 1,152 | 1,152 SqFt |
| 3319 Overcup Oak Terrace, Sarasota, FL, 34237 | $219,000 | 2 | 2 | 1,278 | 1,278 SqFt |
| 635 Melody Circle, Sarasota, FL, 34237 | $429,900 | 3 | 2 | 1,566 | 1,566 SqFt |
| 3318 Shingle Oak Terrace, Sarasota, FL, 34237 | $195,000 | 2 | 2 | 1,056 | 1,056 SqFt |
| 3312 Overcup Oak Terrace, Sarasota, FL, 34237 | $159,900 | 2 | 2 | 1,120 | 1,120 SqFt |
| 1016 Greer Drive, Sarasota, FL, 34237 | $249,900 | 3 | 2 | 1,763 | 1,763 SqFt |
| 3232 Ash Terrace, Sarasota, FL, 34237 | $165,000 | 2 | 2 | 1,056 | 1,056 SqFt |
| 3227 Bayberry Terrace, Sarasota, FL, 34237 | $270,000 | 2 | 2 | 1,324 | 1,324 SqFt |
| 3226 Sweet Gum Terrace, Sarasota, FL, 34237 | $142,900 | 2 | 2 | 960 | 960 SqFt |
| 3218 Oakwood Boulevard, Sarasota, FL, 34237 | $184,900 | 2 | 2 | 1,152 | 1,152 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 18:20
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