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1420 5TH STREET

Lots/Land Active With Contract
$799,000

BTC: 13.22847682

ETH: 501.03781926

117 days
0 room(s)

Overview

Under contract-accepting backup offers. Exceptional development opportunity in Sarasota's highly sought-after Rosemary District! Rare vacant parcel in the heart of downtown Sarasota with tremendous upside potential. Zoned DTE (Downtown Edge), this versatile 0.13-acre site is positioned for a variety of uses - including boutique retail, office, multi-family residential, mixed-use, or single-family development. Located within walking distance to fine dining, cafes, shopping, cultural attractions, and entertainment, this lot offers maximum visibility and convenience in one of Sarasota's most dynamic neighborhoods. One of the few remaining vacant downtown parcels, this site presents an ideal opportunity for investors, developers, or an end user seeking downtown access and long-term value. Don't miss your chance to build in a prime location with strong growth and walkability.

Location

Florida • SARASOTA • 34236 • Lots/Land • Active With Contract

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.13 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$144,000
$56K – $1.2M
Confidence Low
List vs. estimate
$655K above estimate
List $799,000 · +454.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
12 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,683
2024
All facts and features

  • Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 2026110059

    • Zoning: DTE

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Natural Gas Available

    • Sewer Available

  • Other financial information

    • Annual tax amount: $9,683

  • Source details

    • MLS ID: A4683214

    Other facts

    • Water Source: Public

    • Lot Size Dimensions: 50' x 115'

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34236
218
median $2.0M
Active
Same city
SARASOTA
1,771
median $584K
Active
Same type
Lots/Land
53
median $1.1M
Active
Similar price
$559K – $1.0M
426
median $729K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SECURE CAPITAL