Commercial Sale Property - Multi Family in Sarasota
Listing Price: $3,899,000
Description of Property
Pre-Construction. To be built. INVESTOR - DEVELOPER OPPORTUNITY in Rosemary District on Orange Ave! Three Lots permitted for five story, 18 unit condos. Orange Ave is a thriving corridor from Downtown to Rosemary with recently finished projects with this one to be a highlight to the street. Flanked by the Sarasota Military Academy to the North and Citrus Square to the South, this opportunity is positioned in a spectacular and convenient location. Distance to Main St - Downtown 0.4 miles Distance to Sarasota Airport (SRQ) 3.8 miles Distance to Ringling College 1.7 miles The prime benefit to buyer is “time”, team has worked for over a year and have APPROVED Civil Plans from City of Sarasota and development team is working on construction drawings to be submitted for approval in Dec-Jan, this project is 3-4 months away from shovel ready. Currently there are three rental homes on the parcels with month-to-month leases.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Multi Family
City: Sarasota
County: Sarasota
Subdivision: Halls Sub James S
Sq. Ft. Gross: 83,000
Year built: 1926
Annual Tax: $17,139
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Waterfront Info
Exterior & Construction
Construction: Other
Foundation: Other
Floors in Unit:
Cooling: Other
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Lot Information
Lot Size (acres): 0.36
Lot Size (sq. ft.): 15,610 square feet
Road Frontage: City Street
Additional Parcels: Yes
Additional Parcels Description: 202606006, 202606004
Legal Description & Other Information
Parcel Number: 2026060005
Zoning: DTE
New Construction: Yes
Tax Legal Desc.: LOT 1, 2 & 3 BLK A HALL SUB
Section: 19
Range: 18
Listing courtesy of WAGNER REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.