$2,200,000
2050-2026 10th Sarasota, FL 34237
For Sale MLS# TB8397140
8 beds 5 baths 1,027 sq ft Multi-family
Details for 2050-2026 10th
MLS# TB8397140
Description for 2050-2026 10th, Sarasota, FL, 34237
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.
Listing Information
Property Type: Residential, Multi Family
Status: Active
Bedrooms: 8
Bathrooms: 5
Lot Size: 0.80 Acres
Square Feet: 1,027 sq ft
Year Built: 1947
Construction: Asbestos,Vinyl Siding,Wood Siding,Wood Frame
Subdivision: Shanandoah Park
Foundation: Block,Crawlspace,Pillar/Post/Pier
Number Of Units Total: 5
County: Sarasota
Interior Features
Basement: Crawl Space
Additional Interior Features: Main Level Primary
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Connected,Sewer Connected,Water Connected
Cooling: Wall/Window Unit(s), Central Air
Heating: Central, Window Unit, Wall Furnace
Exterior / Lot Features
Roof: Shingle, Metal
Lot Dimensions: 350x100
Additional Exterior/Lot Features: Out Building(s), Near Public Transit, City Lot
Out Buildings: Outbuilding
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2100
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1900
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1450
Unit 3 Baths Total: 1
Unit 3 Beds Total: 2
Unit 4 Units Total: 2
Unit 4 Actual Rent: 2800
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Driving 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.
Financial Considerations
Terms: Cash,Special Funding
Tenant Pays: Electricity,Sewer,Trash Collection,Water
Gross Income: 99000
Tax/Property ID: 2028040036
Tax Amount: 18776.7
Tax Year: 2024
A broker reciprocity listing courtesy: PREFERRED SHORE LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2050-2026 10th
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2050-2026 10th
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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