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$799,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1420 5th St
General
- Price: $799,000
- Taxes: $9,683 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4683214
- Updated: 3/2/2026
- Added to Site: 3 day(s) ago
Location
- Area: 34236 - Sarasota
- County: Sarasota
- Development Name: 34236 - Sarasota
- Driving Directions: FROM I75 SOUTH, TAKE FRUITVILL ROAD EXIT (exit 210) CONTINUE WEST ON FRUITVILLE INTO DOWNTOWN SARASOTA. TURN RIGHT ONTO LEMON AVENUE. TURN LEFT ONTO 5TH STREET. 1420 5TH STREET WILL BE ON YOUR RIGHT.
Community
- Community Name: 34236 - Sarasota
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available
Structural Information
- Current Bldg. Use: Unimproved
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,750
- Lot Size: 5750
- Lot Dimensions: 50' x 115'
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $6,146,154
- Tax Amount: $9,683
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 5, BLOCK 24 & the northly 10 feet of vacated alley in OR 1068/1592, Plat of Sarasota
- Flood Zone Info: X
- APN: 2026110059
- Property ID: 2026110059
Listed by Secure Capital
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Schools
Schools serving 1420 5th St
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Alta Vista Elementary School, Sarasota, FL 1050 South Euclid Avenue, Sarasota, FL 34237 | PK-5 | 1.8 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.2 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1420 5th St
Date
Details
Price
Change
Source
3/02/2026
Listed
$799,000
68.21%
MLS
5/25/2021
Sold
$475,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1420 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,265
6%
$753,300
-1%
2024
$9,683
2%
$761,900
-4%
2023
$9,497
122%
$795,000
88%
2021
$4,271
-41%
$422,400
-13%
2022
$7,235
69%
$484,800
27%
2021
$4,271
9%
$381,600
163%
2019
$3,935
14%
$145,180
10%
2018
$3,452
26%
$131,982
-37%
2017
$2,742
12%
$208,500
19%
2016
$2,442
11%
$175,300
77%
2015
$2,204
30%
$99,160
10%
2014
$1,701
—
$90,145
10%
2013
$1,697
—
$81,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1420 5th St
1420 5th Street, Sarasota, FL 34236 (MLS# A4683214) is a Lots/Land property with a lot size of 0.13 acres. 1420 5th Street is currently listed for $799,000 and was received on March 02, 2026. Want to learn more about 1420 5th Street? Do you have questions about finding other Lots/Land real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

