Property Description

We are offering a vacant 24-bed ALF that was previously rented by an operator. The operator will vacate and the building will be delivered vacant. The properties consist of (2) 12 Bed adjacent ALF’s that function as a single facility for operational purposes with a large shared courtyard in which residents from either building can access.

The tenant operated the facilities for 10 years but will be vacating the property for a new potential operator. Both properties have Fruitvale Road frontage.

The sale is being offered in the following configurations:

– 15 Dade Ave, Sarasota, FL 34232 – 12 Beds & 5 Baths – 4,072 HSF & 4,408 Gross SF – .41 (+/-) Acres – $650,000

– 16 St Lucie Ave, Sarasota, FL 34232- 7 Beds & 4 Baths – 3,420 HSF & 3,760 Gross SF – .42 (+/-) Acres- $550,000

– Both properties 15 Dade and 16 St. Lucie – 18 Beds & 9 Baths – 7,492 HSF & 8,168 Gross SF – .83 (+/-) Acres – $1,200,000

HIGHLIGHTS:
– Opportunity to establish a new 24-bed Assisted Living Facility in Sarasota, FL
– Great visibility and frontage on Fruitvale Road
– Future Land Use: COI – Community Office/Institutional
– 18 beds and 9 baths between the two adjacent properties
– Being offered for sale at the Value Add Price

Features
: Central
: Central Air
: Other
: Ceramic Tile
: Other
: Public Sewer
: Electricity Available
Appliances
: Other
Address Map
US
FL
Sarasota
Sarasota
GREERS HOMELAND SUB REP OF
34232
DADE
15
AVENUE
W83° 30' 57.1''
N27° 20' 14''
East
Follow Fruitvale Rd to St Lucie Ave in Sarasota
34232 - Sarasota/Fruitville
RSF2
Additional Information
: None
1
2022-06-23
: One
: Slab
: Block, Wood Frame
Financial
5346.27
Listing Information
261228516
56037
Cash,Conventional,Other
Pending
2023-07-11T22:44:08Z
Stellar
: None
2022-08-26T14:14:43Z

Residential For Sale

15 Dade Avenue, Sarasota, Florida 34232

12 Bedrooms
5 Bathrooms
4,408
$650,000
Listing ID #O6036986
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : O6036986
Price : $650,000
Bedrooms : 12
Bathrooms : 5
Square Footage : 4,408
Year Built : 1957
Lot Area : 0.41 Acre
Office Name : KELLER WILLIAMS REALTY AT THE PARKS
Agent Name : Sheryl Stockstill
Full Bathrooms : 5
Property Sub Type : Single Family Residence
Roof : Shingle
Listing Status : Pending
Agent info
Contact Agent