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This well located site is located in the core of Downtown Sarasota. With the Main Plaza Development under construction just one block north on Main St. which is going to hold over 400 apartments, along with commercial space including a... more. new grocer and a food hall, this stretch of downtown Sarasota is set to be revitalized in the coming months and years. Additionally, the land in the Park East district to the east of US 301 has also been assembled and is soon to be developed into further residential projects.
The site is 32,405 SF or 0.745 acres. Based on the DTC (Downtown Core) zoning allowing 50 units per acre, this site will accommodate a redevelopment of 37 residential units along with liner commercial space. This is one of the few remaining developable parcels available within the Downtown Core in an area that is about to take off with more growth and development. Currently on site is an 11,035 SF two-story office building. The building will be vacated by Q1 of 2023.