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Residential Land for Sale in Sarasota, Florida

1891 Prospect St, Sarasota, FL 34239

$2,500,000
0.56 acres
Active sale
ago
Est $17,710/mo

Discover this UNIQUELY RARE OPPORTUNITY in the Coveted West of the Trail Neighborhood, amongst other very beautiful multi-million-dollar homes (two back-to-back lots, 1894 Loma Linda with frontage of 78’ and 1891 Prospect with frontage of 88’ with depth of 296’ for a total of both properties). The property on Loma Linda side is located on a quiet cul de sac at the end of the street. The two properties situated over half an acre have sewer and electric ready at the property and mature grand palms. Explore the potential opportunities this unique property offers! In combining these two lots you will have endless opportunities to customize the property to your vision. Whether you're seeking a family compound, multi-family development, or a dream home with additional income potential, this property delivers unmatched flexibility. Generate immediate income with existing rentals—Loma Linda is currently rented at $5,500 annually, and the adjacent lot is listed at $2,600 for annual rental—or live in one home while you plan and build on the other. With no flood zone concerns and established electrical and sewer connections, the property is ready to bring your vision to life. Location is exceptional with “A” rated Southside Elementary School, minutes to Southside Village shops and dining options, minutes to Sarasota Memorial Hospital, Downtown Sarasota and all the cultural amenities, Siesta Key beach and St. Armand’s Circle. Don’t miss this rare opportunity to create your perfect Sarasota retreat! Sold "as is."

Location

Street address
1891 Prospect St
Community
Floyd & Cameron Sub
Elevation
15 feet
Coordinates
27.3213, -82.5319

Directions

From Downtwn Sarasota head south on Osprey, turn left on Prospect, property is on the left side.

Property details

Lot size
0.56 acres24,394 sq ft
Zoning
RSF3
MLS #
MFRMLS A4686454
Posted

Property taxes

2025
$10,285

Parcels

  • 2037010056

Legal description

Resources

Nearby schools

NameType
Southside ElementaryElementary
Brookside MiddleMiddle
Sarasota HighHigh

Listing history

DateEventPriceChangeSource
Mar 16, 2026New listing$2,500,000MFRMLS
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This 0.56-acre property is located at 1891 Prospect St in Sarasota, FL 34239. The property is available for sale for $2,500,000.

Checked 2 hours ago — Updated

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