1000 N Washington Blvd - Office FOR SALE


Sarasota, FL 34236- Downtown Sarasota
$1,900,000 USD
941-724-2321
1000 N Washington Blvd, Sarasota, FL for Sale
$1,900,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

1000 N Washington Blvd
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • DRC-Approved Site Plan: Pre-approved for 36 residential units and 7,700 SF ground-floor commercial space.
  • Opportunity Zone: Located in a permanent tax-advantaged Opportunity Zone for maximum capital efficiency.
  • Prime Signalized Corner: 0.66 acres at US-301 & 10th St featuring dual access points and high traffic visibility.
  • Flexible DTE Zoning: High-density Downtown Edge zoning supports mixed-use, retail, office, and residential uses near Downtown Sarasota.

OVERVIEW

This prime 0.66-acre corner parcel is positioned at the highly visible, signalized intersection of US 301 (Washington Boulevard) and 10th Street, offering unmatched access, visibility, and versatility for forward-thinking developers. The property package includes a strategically located office building with a spacious driveway and dual ingress/egress onto both Washington Boulevard and 10th Street, as well as an income-producing residential unit that provides immediate cash flow while future development plans take shape. With its flexible DTE zoning, the site is primed for a modern mixed-use development, including residential, office, retail, or live/work concepts. The property comes with DRC-approved plans for a four-story mixed-use building featuring 36 residential units and approximately 7,700 square feet of ground-floor retail/office space, significantly accelerating the timeline to break ground. Adding even greater investment value, the parcel is located in a Designated Opportunity Zone—tax benefits that are now permanent in the tax code—offering exceptional capital growth and tax-deferral advantages. The location provides outstanding traffic exposure and regional connectivity, situated directly on US 301 with quick access to Fruitville Road (SR 780), Downtown Sarasota, and Interstate 75. Just minutes from the city’s vibrant cultural venues, waterfront, and thriving restaurant scene, the property also benefits from strong walkability and bikeability, appealing to future residents and commercial tenants seeking an energetic urban lifestyle.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$988 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

DTE

APN/PARCEL ID

2026-01-0008

ASK ABOUT THIS PROPERTY

Kevin RobbinsHarry E. Robbins Associates, Inc.More Info
941-724-2321

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Kevin RobbinsHarry E. Robbins Associates, Inc.More Info
941-724-2321

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.