$1,500,000

1575 & 1583 Blvd Of The ArtsSarasota, FL 34236

  • 0.15 acres
  • 48 days on market

About this home

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.

Facts

Lot size
13,135 sqft
Waterfront
No
Water view
Bay/Harbor - Partial
Subdivision
HALLS SUB JAMES S
Community
Halls Sub James S
County
Sarasota
Annual taxes
$8,386 (2025)
Flood zone
X
MLS #
A4706707

Features

Lot
Buildable, Central Business District, Cleared, Corner Lot, City Limits, Irregular Lot, Level, Near Public Transit, Oversized Lot, Urban
View
City
Community features
Activity Core/Center, Shopping Center, Sidewalks, Street Lights
Utilities
BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Public, Sewer Available, Sewer Nearby, Water Available, Water Nearby
Water
Public
Sewer
Public Sewer

Location

Stellar MLS Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. MLS # A4706707.

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Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS. Last updated: 2026-11-04 8:45 PM EST.