Currently viewing 1 of 228
777 S Palm Avenue
Sarasota, Florida FL 34236-7770
$5,999,000 Price
Active Status
0.550 Acres
A4523801 Listing ID
777 S. Palm - WHAT A GREAT ADDRESS and being offered at a NEW PRICEPOINT! One of the last buildable locations on one of Sarasota’s most iconic downtown streets with views of Sarasota Bay and Selby Botanical Gardens! Leases are currently in place; however, value is in the potential of Bay and City views. DTE (DOWNTOWN EDGE) ZONING, which allows for 26 units/acre residential or 50 units/acre for hotel. Potential for luxury condos, boutique hotel, retail, art gallery or professional city business complex. Rare opportunity on prestigious Palm Avenue lined with luxury condos and specialty retail, art galleries and restaurants. Easy walk to the Bayfront park and MARINA, which can dock virtually any size vessel. Walking distance to the new Sarasota Art Museum offering classes, exhibits and a café. Across the street from Selby Gardens, a 15-acre urban campus & Bayfront oasis showing a living collection of rare and beautiful tropical plants. Nationally recognized for exhibitions of horticultural and garden displays, as well as live performances and lectures. Once it’s sold - it’s gone. CALL FOR MORE INFORMATION!
Schedule Showing Virtual Tour
Status Active
County Sarasota
Year Built 1968
Property Type Commercial Sale
Commercial Sale
Property Sub Type Mixed Use

Primary Features

County: Sarasota
Price Before Reduction: 6300000
Price Reduction Date: 2022-08-22T15:35:30+00:00
Property Sub Type: Mixed Use
Property Type: Commercial Sale
Year Built: 1968
Zoning: DTE


Building Area Units: Square Feet
Cooling Type: Central Air
Heating Type: Central
Levels: Two


Additional Water Information: Views of Bay, Intercoastal and Gulf of Mexico
Construction Materials: Block
Foundation Details: Stem Wall
Lot Features: Corner Lot, City Limits, Street Lights, Paved
Lot Size SqFt: 24000
Lot Size Square Meters: 2230
Parking Features: Parking Spaces - 19 to 30, Common
Property Condition: Completed
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Total Acreage: 1/2 to less than 1
Total Number of Buildings: 1
Utilities: Public
Vegetation: Trees/Landscaped
Water Access: no
Water Extras: no
Water Source: Public
Water View: yes
Water View Type: Bay/Harbor - Full, Gulf/Ocean - Partial
Waterfront: no


Building Area Source: Public Records
Building Area Total: 10000
Country: US
Flood Zone Code: AE
Flood Zone Panel: 12115C0133F
MLS Area Major: 34236 - Sarasota
Number Of Lots: 1
Township: 36
Water Body Name: GULF OF MEXICO


Current Price: 5999000.00
Listing Terms: Cash, Conventional
Sale Includes: Building(s) and Land
Special Listing Conditions: None
Tax Annual Amount: 25670
Tax Lot: 1
Tax Year: 2021

Zoning Info

Listing information courtesy of Coldwell Banker Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Monday, September 26th, 2022 at 09:09:39 PM.
#IDX-primaryPhoto,#idx-details-header Listed by: Coldwell Banker Realty 941-383-6411

Contact - Listing ID A4523801

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.


2815 Tamiami Trail
Punta Gorda, FL 33950
Phone: 8639901748
Phone Alt: 8639901748

Data services provided by IDX Broker