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Homes/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
Days on market0
CountySarasota
Flood zoneX (verify)
ListedFeb 22, 2026

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

Based on information submitted to the MLS GRID as of Feb 25, 2026, 6:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Offer of compensation is made only to participants of the MLS where the listing is filed.

This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$5,900,0001565 STATE ST · SARASOTA
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