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Property Search/SARASOTA/PLAT OF SARASOTA EXHIBIT
ActiveNew · today
$5,900,000

1565 STATE STSARASOTA, FL 34236PLAT OF SARASOTA EXHIBIT · Mixed Use

12,626Sq ft
0.36 acLot
1921Built

About this home

Large parcel in the heart of dowtown, with 15 on site parking paces (incredibly rare) and a city parking garage directly across the street. The 13,000 SF building has been gutted and is ready to be finished off or re developed. Zoning is DTC (Downtown Core) allowing 10 stories at 50 units per acre or 18 residential units. Density Bonus: The City of Sarasota, to encourage Attainable Housing, has created an Attainable Housing Density Bonus” AHDB” entitlement option for DTC, DTB and DTE zoned properties. The AHDB offers up to 4-times the entitled residential density provided 15% of the “bonus”…

Description as provided by the listing brokerage.

Open houses

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The details

StatusActive
MLS #MFRA4683759
Property typeMixed Use
Year built1921
Lot size0.36 ac
Living area12,626 sq ft
Price per sq ft$467
Taxes$42,149 (2025)
Stories2
Days on market0
CountySarasota
Flood zoneX (verify)
ListedFeb 22, 2026

Features & property details

Interior

CoolingOther

Exterior & lot

Road surfaceAsphalt

Construction

ConstructionBlock, Brick
FoundationSlab
ConditionUnder Renovation
Living area sourcePublic Records
Building area (sq ft)13,076

Pool & water

Waterfront feet0
Dock0

Community & HOA

Total monthly fees$0
Total annual fees$0

Financial & terms

Tax year2,025
OwnershipCorporation
Special conditionsNone
ZoningDTC
OccupantVacant
MLS area34236 - Sarasota

Where it sits

Approximate location shown. Exact address available on request per listing brokerage.

Where you'd be
PLAT OF SARASOTA EXHIBIT, Florida

SARASOTA · Sarasota County

MLS# MFRA4683759Listing courtesy of RE/MAX ALLIANCE GROUPLast updated Feb 25, 2026, 1:31 AM
$5,900,0001565 STATE ST · SARASOTA
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