$4,600,000
1219 1st Street
Sarasota, FL 34236
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Prime downtown Sarasota location! This 5,795 sq. ft. commercial building on a 0.12-acre lot offers unmatched potential for business owners and investors seeking a presence in one of the most vibrant areas of the city. The property features a new roof completed in 2023, giving peace of mind and reducing near-term capital expenses. The current zoning allows for a wide range of commercial uses and provides the potential for vertical development of up to 18 stories, subject to site limitations, approvals, and buyer due diligence. While the current lot size may affect what can be built, this flexibility in zoning makes the property a valuable long-term investment opportunity. The property is positioned in one of the most desirable and walkable sections of downtown Sarasota. Just a few doors down from the Sarasota Opera House, minutes from the Van Wezel Performing Arts Hall, Bayfront Park, and Sarasota’s renowned waterfront. The location also provides quick access to Ringling College of Art & Design and the Ringling Museum, making this a central hub for arts, culture, and commerce. St. Armands Circle, Lido Key, and Sarasota-Bradenton International Airport are all a short drive away. Downtown Sarasota continues to experience strong growth, with new luxury residences, hotels, dining, and retail creating unmatched energy in the area. Owning property here positions investors to benefit from Sarasota’s continued expansion as a top destination for both visitors and residents.
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 history0 days on market
- Status: ActiveSep 24, 2025
- Listed$4,600,000Sep 23, 2025
- Price increased$4,600,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Mixed Use
- Status
- Active
- Days on market
- 0
- Subdivision
- Plat Of Sarasota Exhibit
- County
- Sarasota
- Year built
- 1960
- Living area
- 5,795 sq ft
- Price/sq ft
- $794
- Lot size
- 5,250 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE
- Annual taxes
- $18,197 (2024)
- Parcel #
- 2026130074
- Zoning
- DTB
- MLS #
- C7515148
Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Listing terms
- Owner Financing
- Ownership
- Other
Exterior & Construction
- Construction materials
- Concrete, Stone
- Foundation
- Block
- Road surface
- Asphalt
Listing Details
- Listing date
- 2025-09-16
- On market date
- 2025-09-23
- Original list price
- $4,600,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-09-24
- Tax legal description
- LOT 8 BLK 14 PLAT OF SARASOTA
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
I-75 N to Exit 210/Fruitville Rd/FL-780, left on Fruitville Rd, eft on Cocoanut Ave, right on 1st St, building 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 September 23, 2025 at 9:16 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA