1575 & 1583 BLVD OF THE ARTS Sarasota, FL $ 1,500,000
1575 & 1583 BLVD OF THE ARTS
$ 1,500,000
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1575 & 1583 BLVD OF THE ARTS

Sarasota, FL, 34236
$ 1,500,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 10,360

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Lots and Land for sale in Sarasota, FL

for $1,500,000. The lot size is 0.15.

An unparalleled opportunity in Sarasota’s desirable Rosemary District! Discover 0.30 acres of prime, DTE-zoned real estate in the heart of Sarasota, a rare and remarkable offering poised at the corner of Boulevard of the Arts and Orange Avenue. With two contiguous parcels, this corner property sits at the epicenter of one of Sarasota’s dynamic and culturally rich neighborhoods, the sought-after Rosemary District. Whether you envision a vibrant mixed-use development or a legacy investment, this location offers immediate value and long-term potential. This rendering illustrates a proposed development featuring two retail spaces at the main level of approx. 900sf each and 23 residential units above. The listing agent also has access to Transferable Development Rights (TDRs), providing the potential to increase the building height from five to seven stories. The additional development potential could accommodate a rooftop pool with elevated views, along with a dedicated amenity level designed to enhance the overall resident experience. Only moments from Sarasota’s most iconic destinations, Lido Beach, Siesta Key, Longboat Key and Anna Maria Island, along with the elegant shopping and dining of St. Armands Circle. Go outside and immerse yourself in a lifestyle defined by convenience and culture. Within this corridor, you will encounter charming galleries, theaters, a vast array of restaurants, the iconic John Ringling Bridge and the excitement of the Sarasota Farmers Market. Culture thrives here, from the Asolo Repertory Theatre to the Van Wezel Performing Arts Hall and the John and Mable Ringling Museum of Art. The soon-to-be-completed 50-acre Bay Sarasota Park will only amplify the lifestyle appeal of this one-of-a-kind property. Downtown Sarasota’s vibrant energy, art scene and culinary experiences are at your doorstep. This is more than a development site, it’s a rare chance to be part of the fabric of Sarasota’s future in one of the city’s vibrant and rapidly evolving neighborhoods. Look no further; the opportunity is now. *Accuracy of all information deemed reliable but not guaranteed and should be independently verified.

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Lots and Land Active

Price

$ 1,500,000

Property Type

Lots and Land

Taxes

$ 8,386

Style

Lot Size

0.15

Town/City

Sarasota

County/Region

Sarasota

MLS | Web ID

A4706707

Features
General
Sewer Public Sewer
Utilities BB/HS Internet Available Cable Available Electrical Nearby Electricity Available Public Sewer Available Sewer Nearby Street Lights Water Available Water Nearby
Zoning DTE
View City
Tax Year 2025
Current Use Mixed Use
Ownership Fee Simple
Community Features Activity Core/Center Near Shopping Sidewalks
Additional Parcels Description 2026060063
County Sarasota
Property Type Land
Subdivision Name HALLS SUB JAMES S
Status Active
Directions From Bayfront Drive go north on US41 to Right onto Blvd of the Arts. The double parcel is located on the right at the corner of Blvd of the Arts and Orange.
City SARASOTA
MLS Area 34236 - Sarasota
Lot Size Units Square Feet
Lot Size Square Feet 13135
Listing Terms Cash Conventional Owner May Carry
Tax Annual Amount 8386
Additional Parcels Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 5 7
Legal Description LOT 7 BLK B HALL SUB
Water View Bay/Harbor - Partial
Water Access Y/N false
Water View Y/N true
Flood Zone Code X
Flood Zone Code X Y
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Interior
Total Baths 0
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Exterior
Fencing Masonry
Lot Features Buildable Central Business District Cleared Corner Lot City Lot Irregular Lot Level Near Public Transit Oversized Lot Urban
Water Source Public
Lot Size Area 13135
Lot Dimensions 64 x 100 x 50 x 134.7
Lot Size Acres 0.15
Road Surface Type Paved
Waterfront Y/N false
Road Frontage Type Business District City Street Turn Lanes
Number of Lots 2
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* Excluded Features
List By
Premier Sotheby's International Realty

Broker

kevin.milner@premiersir.com

Email

Affordability Calculator

$11,059
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,360
Monthly Property Taxes
$699
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2026$1,500,000 Listed Price

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1575 & 1583 BLVD OF THE ARTS, Sarasota, FL, 34236 is a Lots and Land for sale at $1,500,000 with a lot size of 0.15. 1575 & 1583 BLVD OF THE ARTS has 0.0 baths. The property's zip code is 34236 which is in Sarasota, FL