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2050-2026 10TH
SARASOTA FL 34237 US

$2,200,000

Active Listing ID TB8397140
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8 bed
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Lot: 0.80 Acres

$2,200,000

Active Listing ID TB8397140
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2050-2026 10TH 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. Seller financing may be available, subject to terms. Buyer is responsible for verifying all zoning regulations, density bonuses, and development entitlements with the City of Sarasota.

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Property Features

  • Facts
  • Lot Size: 0.80 Acres
  • Property Type: Residential Multi Family
  • Features
  • Cooling System: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Paved, Outbuildings
  • Roof Type: Metal, Shingle
  • Heating Fuels: Central, Ductless (Heating)

Property

  • propertytype: Residential Multi Family
  • listprice: 2200000
  • unparsedaddress: 2050-2026 10TH
  • postalcity: SARASOTA
  • stateorprovince: FL
  • country: US
  • postalcode: 34237
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.8
  • lotsizeunits: Acres
  • lotsizearea: 0.8
  • livingarea: 1027
  • livingareaunits: Square Feet
  • latitude: 27.344264
  • longitude: -82.529239
  • listagentfullname: Connor Meckley
  • listagentemail: connor@preferredshore.com
  • listagentkey: 3yd-MFRMLSFL-261562287
  • listagentmlsid: 261562287
  • listagentpreferredphone: 9419991179
  • listagentofficephone: 9419991179
  • listofficekey: 3yd-MFRMLSFL-281531515
  • listagentstatelicense: 3422871
  • listofficemlsid: 281531515
  • disclaimer: Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1947
  • listingcontractdate: 2025-06-12
  • listagenturl: http://PreferredShore.com
  • countyorparish: Sarasota
  • parcelnumber: 2028040036
  • cooling: Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Asbestos, Frame, Vinyl Siding, Wood Siding
  • heating: Central, Ductless (Heating)
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal, Shingle
  • waterfrontyn: False
  • interiorfeatures: Primary Bedroom Main Floor
  • exteriorfeatures: Paved, Outbuildings
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • otherstructures: Outbuilding
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -82.529236, 27.344263
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Preferred Shore", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Connect@preferredshore.com", "ListBrokerageCity":"Sarasota", "ListBrokerageCountry":"US", "ListBrokerageEmail":"robert@preferredshore.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MFRMLSFL/1c6e4611e11211e894240242ac110005/20240320142636478.png", "ListBrokerageName":"Preferred Shore", "ListBrokeragePhone":"941-999-1179", "ListBrokeragePostalCode":"34236", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"302", "ListBrokerageUnparsedAddress":"50 S Lemon Ave", "ListBrokerageWebsiteUrl":"http://PreferredShore.com", "ListOfficeAddress1":"50 S. Lemon Ave STE 302", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Sarasota", "ListOfficeCountry":"US", "ListOfficeEmail":"broker@preferredshoreinc.com", "ListOfficePostalCode":"34236", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi Family - SARASOTA, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2026-10th-St_Sarasota_FL_34237_M59843-05713?f=listhub&s=MFRMLSFL&m=TB8397140&c=rexren", "MLSModificationTimestamp":"2025-09-03T21:35:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":18776.7, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/6/2025 7:14:33 AM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Connor Meckley, PREFERRED SHORE LLC, connor@preferredshore.com

Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.