1442, 1466, 1474, 1480 Fruitville Road, Sarasota, FL for sale

Investment Overview

A prime downtown Sarasota development site. Four contiguous parcels totaling 0.77 acres with roughly 350 feet of frontage on Fruitville Road at Lemon Avenue, all under single ownership and zoned DTC Downtown Core, the city's most permissive downtown district. The site sits where the Rosemary District meets the downtown core, two of the most active redevelopment corridors in Sarasota, and is blocks from Main Street dining and retail. Fruitville Road is a main east-west artery into the city, giving direct access to US 41, the Bayfront and I-75. Fully assembled sites of this scale almost never come available in the core. A single seller, continuous frontage and DTC zoning remove the assembly work and holdout risk that normally stand between a developer and a project this size. Three of the four buildings sit vacant today, and the one occupied building carries a lease through January 31, 2028, so a buyer takes control of most of the site at closing with income in place until the entitlement window closes.

Investment Highlights

• Four contiguous parcels under single ownership, no assembly or holdout risk
• 0.77 acres (33,650 SF) with roughly 350 feet of frontage on Fruitville Road
• Corner position at Fruitville Road and Lemon Avenue
• Zoned DTC Downtown Core, the City of Sarasota's most permissive downtown district
• Three of the four buildings vacant, giving a buyer immediate control of most of the site
• One occupied building with a lease through January 31, 2028, providing income during entitlement
• Blocks from Main Street dining and retail
• Direct access to US 41, the Bayfront and I-75 via Fruitville Road