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$675,000
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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
- Sold For: $675,000
- Taxes: $9,683 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: A4683214
- Added to Site: 170 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: $5,192,308
- 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
Sold by Michael Saunders & Company
Get Pre-Approved Today
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 ATTOM Data Solutions 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
8/08/2026
Sold
$675,000
-15.52%
MLS
3/02/2026
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1420 5th Street, Sarasota, FL 34236 (MLS# A4683214) is a Lots/Land property that was sold at $675,000 on August 08, 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.

