$2,200,000
2050-2026 10th
Sarasota, FL 34237
Listing updated: June 29, 2026 at 1:14 PM ET
Listing courtesy of Preferred Shore Llc · Connor Meckley · MLS #TB8397140 · Active · 941-999-1179Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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 heights of up to four stories are permitted under current zoning. The property is strategically located near downtown Sarasota, US-301, Fruitville Road, and I-75, offering convenient access to local employers, retail corridors, and regional transportation. Nearby recreational and cultural amenities include Bayfront Park, Payne Park, Gillespie Park, and the Rosemary District. Rental income provides holding revenue while entitlements and development planning are pursued. Buyer is responsible for verifying all zoning regulations, density bonuses, and development entitlements with the City of Sarasota.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history380 days on market
- Status: ActiveJun 14, 2025
- Listed$22,000,000Jun 14, 2025
- Price reduced$2,200,000
Facts & features
- Property type
- Residential Income
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 380
- Subdivision
- Shanandoah Park
- County
- Sarasota
- Year built
- 1947
- Living area
- 1,027 sq ft
- Price/sq ft
- $2,142
- Lot size
- 35,000 sq ft
- Lot category
- 1/2 to less than 1
- Flood zone
- X
- Annual taxes
- $18,777 (2024)
- Parcel #
- 2028040036
- Zoning
- DTE
- MLS #
- TB8397140
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Interior Details
- Bedrooms
- 8
- Interior features
- Primary Bedroom Main Floor
- Laundry
- None
Heating & Cooling
- Heating
- Central, Ductless
- Cooling
- Central Air, Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Special Funding
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Outbuildings
- Construction materials
- Asbestos, Vinyl Siding, Frame, Wood Siding
- Roof
- Metal, Shingle
- Foundation
- Block, Crawlspace, Pillar/Post/Pier
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Listing Details
- Listing date
- 2025-06-12
- On market date
- 2025-06-14
- Original list price
- $22,000,000
- Occupant type
- Tenant
- MLS area
- 34237 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2025-06-14
- 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
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
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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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 29, 2026 at 1:14 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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