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Active Income

2050-2026 10TH

Sarasota, FL 34237

STELLAR #TB8397140 Updated: Jun 29, 2026, 3:38pm
$2,200,000
8 Beds • 5 Baths • 1,027 SqFt
Property
ActiveIncome
1/16
$2,200,000

2050-2026 10TH

Sarasota, FL 34237
8
Beds
5
Baths
1,027
SqFt
0.8
Acres
STELLAR
#TB8397140
Updated: Jun 29, 2026, 3:38pm

Property Description

This centrally located, five-parcel assemblage in Sarasota’s Park East neighborhood offers
a rare redevelopment opportunity in an area experiencing ongoing growth. Totaling
approximately 35,000 square feet (350 road frontage x 100) deep or (0.80 acres), the site currently includes five income-
producing rental units bringing in a total of $8,250 per month. The property is also situated within an Opportunity Zone.
Zoning allows for mixed-use development with ground-floor commercial and multifamily
residential uses as well as hotel developments with ground-floor commercial. The
property supports a base density of 25 units per acre, with the potential to achieve up to
100 units per acre through participation in the City of Sarasota’s Attainable Housing
Density Bonus Program. Building heights of up to four stories are permitted under
current zoning.
The property is strategically located near downtown Sarasota, US-301, Fruitville Road, and
I-75, offering convenient access to local employers, retail corridors, and regional
transportation. Nearby recreational and cultural amenities include Bayfront Park, Payne
Park, Gillespie Park, and the Rosemary District.
Rental income provides holding revenue while entitlements and development planning
are pursued. Buyer is responsible for
verifying all zoning regulations, density bonuses, and development entitlements with the
City of Sarasota.
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Property Details

Interior
Cooling
Central AirWall/Window Unit(s)
Heating
CentralWall Units / Window Unit
Interior Features
Primary Bedroom Main Floor
Living Area
1027
Construction
Building Area Units
Square Feet
Construction Materials
AsbestosVinyl SidingWood FrameWood Siding
Foundation Details
BlockCrawlspacePillar/Post/Pier
Living Area Source
Public Records
Living Area Units
Square Feet
Number Of Units Total
5
Roof
MetalShingle
Year Built
1947
Site & Exterior
Exterior Features
Outbuilding
Flood Zone Code
X
I D X Participation
Yes
Lot Features
City LotNear Public TransitSidewalk
Lot Size Acres
0.8
Lot Size Area
35000
Lot Size Dimensions
350 x 100
Lot Size Square Feet
35000
Lot Size Units
Square Feet
Number Of Lots
5
Number Of Separate Electric Meters
6
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
DTE
Financials
Additional Parcels
Yes
Additional Parcels Description
2028040034, 2028040035, 2028040031 2028040033,
Calculated List Price By Calculated Sq Ft
2142.16
Contract Status Change Date
2025-06-14
Current Price
2200000
Feed Types
BBO
Ownership
Fee Simple
Parcel Number
2028040036
Tax Annual Amount
18776.7
Tax Legal Description
LOTS 3 & 5 BLK B SHENANDOAH PARK, LOT 7 BLK B SHENANDOAH PARK, LOT 9 BLK B SHENANDOAH PARK, LOT 11 BLK B SHENANDOAH PARK, LOTS 13 & 15 BLK B SHENANDOAH PARK
Tax Year
2024
Total Actual Rent
8250

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34237 - Sarasota
S W Subdiv Community Name
Shenandoah Park
Subdivision Name
SHANANDOAH PARK
Listing provided courtesy of STELLAR via IDX. Updated: Jun 29, 2026, 3:38pm.
Connor Meckley

Listing Agent

PREFERRED SHORE LLC

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