SARASOTA – DOWNTOWN – DEVELOPMENT OPPORTUNITY – ZONING = DOWNTOWN BAYFRONT (DTB â 18 Stories); If you desire to participate in the growth of one of Florida’s Top West Coast Cites you have arrived at the right Sarasota property. This property encompasses 21,000 SF of land which allows for 18 story mixed use development under the very lucrative downtown bay-front zoning. This zoning has many features which include but are not limited to transient use, residential use, office use, retail use or any combination thereof. The photo’s / drone virtual tours in this listing say it all. Many new developments in the area are completed, in process, or are approved and planned to start shortly. Close to the all the famous Sarasota Beaches (Siesta Key / Lido Beach), Downtown Sarasota Shopping, Sarasota Airport, the up and coming redeveloped âSarasota Bayfront Propertyâ budgeted to cost an estimated $300MM as well as the newly developed Sarasota Quay Development just across the street. If needed the current structures could be updated and rented to support carry until developed (18 rental units). We look forward to your inquiries and visits.