Florida Studio Theater Florida Studio Theater is a contemporary theater located at 1241 Palm Avenue Sarasota in the heart of the downtown area. It was founded in 1973. It consists of multiple separate small theaters:1). Main stage provides the best in contemporary selections; 2) Cabaret provides the best of musical reviews; 3) Stage III Plays challenging in content and unique in form; 4) Children Theater programs for young audiences; 5) FST school classes year round for students of all ages; 6) New play Development Reviews 3500 submissions/ year. 7) FST Improv. Full spectrum of improv discipline.