$405,000
449 Osprey Avenue
Sarasota, FL 34236
Listing updated: June 15, 2026 at 6:12 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Located in the highly sought-after downtown area of Sarasota, this vacant corner lot offers an exceptional opportunity for investors, builders, and developers to create a custom property in one of the city’s most desirable locations. Just steps from Gillespie Park and the sparkling waters of Sarasota Bay, this rare 50’ x 101’ corner lot offers endless potential. Zoned Downtown Neighborhood (DTN), the property allows for a variety of development opportunities. The DTN district is primarily residential and permits single-family or multi-family residential dwellings with a density of up to 12 units per acre. Ideally situated in the heart of downtown Sarasota, the property is just minutes from renowned dining, shopping, entertainment, and cultural attractions, while also providing convenient access to Sarasota Bay and the recreational amenities of Gillespie Park. Whether envisioning a private residence, income-producing property, or mixed-use development, this lot presents a rare opportunity in a rapidly growing downtown market. Located in Flood Zone X, flood insurance is typically not required by lenders, offering added peace of mind and potential savings for future owners. Buyer to verify all zoning, land use, flood zone information, and development possibilities.
Local Insight
At $80 per square foot for raw land in Sarasota, you're looking at a fairly competitive price point, but the real question is what you can actually build here—verify zoning and setback requirements upfront because a 0.12-acre lot in an established subdivision can have tight constraints that limit your options. The no-HOA status and X flood zone (lowest risk) are genuine positives, but this small footprint means you'll want to confirm utility availability and whether the lot is even developable on its own or requires combining with adjacent parcels.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history18 days on market
- Status: ActiveMay 28, 2026
- Listed$449,000May 28, 2026
- Price reduced$405,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 18
- Subdivision
- Central Park Sub
- County
- Sarasota
- Price/sq ft
- $80
- Lot size
- 5,042 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $4,398 (2025)
- Parcel #
- 2026100021
- Zoning
- DTN
- MLS #
- C7526695
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Public, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-05-28
- On market date
- 2026-05-28
- Original list price
- $449,000
- MLS area
- 34236 - Sarasota
- Listing AOR
- Port Charlotte
- Status changed
- 2026-05-28
- Tax legal description
- N 50 FT OF LOTS 9 & 10, BLK 3, CENTRAL PARK SUB UNIT 1
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
Corner of 5th and Osprey.
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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 15, 2026 at 6:12 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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