by Global Lifestyle Properties

See Home Value
$675,000
● Land - Off Market

1420 5TH STREET

SARASOTA, FL 34236
bedrooms
Studio
bathrooms
0 Bath
$4,731
Est. Monthly

About This Property

Exceptional development opportunity in Sarasota's highly sought-after Rosemary District!  Rare vacant parcel in the heart of downtown Sarasota with tremendous upside potential.  Zoned DTE (Downtown Edge), this versatile 0.13-acre site is positioned for a variety of uses - including boutique retail, office, multi-family residential, mixed-use, or single-family development.  Located within walking distance to fine dining, cafes, shopping, cultural attractions, and entertainment, this lot offers maximum visibility and convenience in one of Sarasota's most dynamic neighborhoods. One of the few remaining vacant downtown parcels, this site presents an ideal opportunity for investors, developers, or an end user seeking downtown access and long-term value.  Don't miss your chance to build in a prime location with strong growth and walkability.
Unit Size
-
Days on Market
159 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Land
Property Taxes
$807
HOA Dues
-
Year Built
1920

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Last updated: 3 months ago (Stellar MLS #A4683214)

Price History

Date / Event Date Event Price
Aug 8, 2026 Sold
Sold
Jul 3, 2026 In contract -
In contract
Feb 23, 2026 Listed by SECURE CAPITAL $799,000
Listed by SECURE CAPITAL
May 26, 2021 Sold
Sold
May 23, 2001 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 5,750
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 831
  • Gross Building Area: 1,293
  • Building Area: 831
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 24
  • Heated Square Feet: 831
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PLAT OF SARASOTA (EXHIBIT)
  • Land Acres: 0000000132
  • Standard Land Use Code: 8002
  • County Land Use Code: 1000
  • State Land Use Code: 001
  • Legal Description 1: LOT 5 BLK 24 & NLY 10 FT OF VACATED ALLEY IN OR 1068/1592 PLAT OF SARASOTA

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000103

Zoning

  • Zoning: DTE

Geography

  • Assessors Map Reference: 11
  • Account Number: 2026110059
  • Subdivision Tract Number: 56
  • Parcel: 2026-11-0059
  • Block: 24
  • Lot: 5
  • Meridian: SEC 19 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3403
  • Longitude: -82.5422

    Address

  • Full Address: 1420 5th St
  • Address - House Number: 1420
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C090
  • 4-Digit Zip Code: 4932
  • Zip Code: 34236

Valuation

    Tax

  • Total Area: 1,293
  • Tax Year: 2023
  • Tax Amount: $949,706
  • Tax Rate Code Area: 0200

    Market Valuation

  • Market Total Value: $795,000
  • Market Land Value: $795,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,000
  • Assessed Land Value: $795,000

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021098870
  • Previous Sale Recording Date: May 23, 2001
  • Previous Sale Contract Date: May 23, 2001
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rosemary District


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Nearby Rentals

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Unit for rent at 100 Central Avenue, FL, 34236

$6,500 /mo

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  • 2 Baths
  • 1,115 ft²
100 Central Avenue #620, FL, 34236 Listing by Teresa Ribaudo
Unit for rent at 2441 Novus Street, FL, 34237

$6,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,442 ft²
2441 Novus Street, FL, 34237 Listing by Ilona Davidovich


Frequently Asked Questions

When was property at 1420 5th Street built and last sold?
The property at 1420 5th Street was built in 1920 and last sold on May 25, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 1420 5th Street is $806,990.
What are some comparable homes to 1420 5th Street?
There are currently no comparable homes to 1420 5th Street.