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Active - Land for sale

1575 & 1583 BLVD OF THE ARTS, Sarasota, FL

Facts & features

Land Property type
58 days on Beycome
13,135 sqft Lot size

Why you’ll love it

  • Corner lot

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.

Translating description...

Listings courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY as distributed by MLS GRID.

Listed by: Kevin Milner • kevin.milner@premiersir.com • PREMIER SOTHEBY'S INTERNATIONAL REALTY

Co-listed by: PREMIER SOTHEBY'S INTERNATIONAL REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: A4706707 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 2:01 PM EST.

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Affordability

$975,000$2,025,000
1%20%
0%90%
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Estimated monthly payment

$8,284/mo

  • Mortgage$7,585
  • Property tax$699
  • HOA fee
  • Homeowners insurance
Due at closing$1,192,500
Down payment held in escrow$300,000
Closing costs$22,500
beycome credit Est.$30,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Halls Sub James S

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 14, 2026 at 02:01pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,500,000 Listed price

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$30,000 Credit back

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