Courthouse Square is a rare downtown Sarasota redevelopment site: ±0.78-acre parcel in the city's Downtown Core, positioned to support a substantial vertical, mixed-use project on some of the most permissive zoning remaining in the urban core. A buyer here isn't acquiring an office building so much as controlling a development-ready land position one that happens to generate income while a redevelopment plan comes together.
The site sits on Ringling Boulevard, a block from the Legacy Trail's downtown terminus, minutes from Fruitville Road's connection to the regional highway network, and a short walk from the Sarasota County Judicial Center, Payne Park, and the Main Street dining and retail corridor. Few remaining parcels of this scale offer that same combination of civic, recreational, and transportation access — a genuine advantage for whatever gets built next, whether that's residential, hospitality, office, or a blend of all three.
Today, the property operates as an eight-unit, ±13,730-square-foot office condominium built in 2005, fully leased to a stable mix of legal, medical, and professional tenants and supported by 44 on-site parking spaces. That existing income is what makes this opportunity work on a developer's terms: it carries the asset through design and entitlement, so the redevelopment can be timed to the market rather than forced by a vacant, non-performing holding.