1575 & 1583 BLVD OF THE ARTS,Sarasota,Sarasota,FL, 34236, Land, , 0, b4bebed216fac1358de5314f7fedcc81, A4706707,1575 or BLVD OF THE ARTS

$1,500,000
1575 & 1583 BLVD OF THE ARTS, Sarasota, HALLS SUB JAMES S
Active

Overview

  • Updated On:
  • September 23, 2026

Description

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.

Address: 1575 & 1583 BLVD OF THE ARTS
City:
State/County:
Zip: 34236
Country: United States

Property Id: 100429648
Price: $1,500,000
Property Lot Size: 0 ft2
Community Features: Activity Core/Center, Near Shopping, Sidewalks
Contract Status Change Date: 2026-09-19
Cumulative Days On Market: 3
Current Use: Mixed Use
Days On Market: 3
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.
Fencing: Masonry
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: Sarasota - Manatee
ListAgentAOR: Sarasota - Manatee
ListAgentEmail: kevin.milner@premiersir.com
ListAgentFullName: Kevin Milner
ListAgentKey: 0d487dbb4d06fd4d957f046021c38807
ListAgentMlsId: 281504106
ListAgentPreferredPhone: 941-539-3287
ListOfficeKey: 905c1962438954fbdccb89df15ee261e
ListOfficeMlsId: 266510535
ListOfficeName: PREMIER SOTHEBY'S INTERNATIONAL REALTY
ListOfficePhone: 941-907-9541
ListingContractDate: 2026-09-18
ListingId: A4706707
ListingKeyNumeric: 811853723
ListingTerms: Cash, Conventional, Owner May Carry
LivingAreaUnits: Square Feet
LotFeatures: Buildable, Central Business District, Cleared, Corner Lot, City Lot, Irregular Lot, Level, Near Public Transit, Oversized Lot, Urban
LotSizeArea: 13135
LotSizeDimensions: 64 x 100 x 50 x 134.7
LotSizeSquareFeet: 13135
LotSizeUnits: Square Feet
MLSAreaMajor: 34236 - Sarasota
MlsStatus: Active
ModificationTimestamp: 2026-09-22T19:11:15.483Z
OnMarketDate: 2026-09-19
OriginalEntryTimestamp: 2026-09-19T14:49:11.813Z
OriginalListPrice: 1500000
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 2026060062
PhotosChangeTimestamp: 2026-09-22T19:17:43.714Z
PhotosCount: 13
PostalCodePlus4: 5055
RoadFrontageType: Business District, City Street, Turn Lanes
RoadSurfaceType: Paved
STELLAR_AlternateKeyFolioNum: 2026060062
STELLAR_CalculatedListPriceByCalculatedSqFt: 114.2
STELLAR_CensusTract: 1.03
STELLAR_CurrentAdjacentUse: Commercial, Residential, Retail
STELLAR_CurrentPrice: 1500000
STELLAR_FloodZoneCode: X
STELLAR_FloodZoneDate: 2024-03-27
STELLAR_FloodZonePanel: 12115C0133G
STELLAR_ListOfficeContactPreferred: 941-907-9541
STELLAR_ListOfficeHeadOfficeKeyNumeric: 537903989
STELLAR_ListSource: MATRIX
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Facebook Marketplace, International MLS, Realtor.com, SkySlope Offers
Sewer: Public Sewer
SourceSystemKey: 811853723
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-19T14:49:11.813Z
StreetName: BLVD OF THE ARTS
StreetNumber: 1575 & 1583
StreetNumberNumeric: 1575
TaxAnnualAmount: 8386
TaxBlock: B
TaxBookNumber: 1-27
TaxLegalDescription: LOT 7 BLK B HALL SUB
TaxLot: 5, 7
TaxYear: 2025
Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Electricity Available, Public, Sewer Available, Sewer Nearby, Street Lights, Water Available, Water Nearby
View: City
WaterSource: Public
Zoning: DTE

Other Features
Has a View

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$7,690.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 5,815.80

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