1530 Dolphin St, Sarasota, FL 34236

Rare opportunity to acquire a premier, income-producing asset in one of Sarasota’s most vibrant downtown corridors. Positioned on the northern edge of the iconic Burns Court district, 1530 Dolphin Street features an 11,494 SF multi-tenant commercial building on a 0.488-acre corner lot, offering strong visibility across multiple street frontages and generous on-site parking.

Zoned Downtown Core (DTC), the property supports a wide range of commercial uses and presents a truly compelling redevelopment opportunity. The DTC zoning allows for a base density of 50 units per acre, expandable up to 200 units per acre through the City’s affordable housing bonus program—requiring only a 15% affordable component on the additional density. On this site, that equates to up to approximately 97 residential units, making it an ideal candidate for mixed-use, multifamily, or boutique hospitality development.

Whether you’re a developer, investor, or owner-user, this property delivers compelling value:

Developers benefit from prime corner positioning, strong density potential, and surrounding redevelopment momentum.

Investors enjoy existing cash flow from multiple tenants while advancing redevelopment plans or entitlement strategies.

Owner-users gain a rare downtown foothold with long-term land appreciation and high visibility.

The surrounding Burns Court neighborhood is one of Sarasota’s most beloved and walkable districts, celebrated for its independent restaurants, boutique retailers, and vibrant arts scene. The bayfront, Marina Jack, and the energy of Main Street are all within minutes. Nearby condominium and mixed‑use projects further validate the demand and trajectory of this highly sought‑after submarket.