Property Description

Exciting opportunity to invest in the ROSEMARY RESIDENTIAL OVERLAY DISTRICT! OWNER WILL ALSO ENTERTAIN A TRIPLE NET LEASE! This historical complex, built in 1925 is located within minutes from Sarasota Bay, in a rapidly developing area of luxury apartments and condominiums. THERE IS NOW A TREMENDOUS ADVANTAGE AND BONUS TO THE OWNERSHIP OF THIS HISTORICAL HOME DESIGNATION. City of Sarasota will allow development of an additional 20 units to the parking lot area ( 42 parking spots). Allowing for a possible total of 95 units, 8 rented below market value. PER CITY OF SARASOTA. Current use of this unique and charming 4 building, 5 UNIT complex is housing rental. Each of the 5 units contain shared kitchens and baths and there is , in addition a yoga studio which can be converted into available housing. Currently there are 13 tenants enjoying the pulse and vitality, and in-town dynamics that the complex has to offer.

Features
: Electric
: Central Air, Wall/Window Unit(s)
: Garden, Courtyard
: Wood
: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
: Inside
: Public Sewer
: Water Connected, Electricity Available, Natural Gas Available, Public
Appliances
: Dryer, Microwave, Refrigerator, Washer
Address Map
US
FL
Sarasota
Sarasota
POS SUB
34236
CENTRAL
830
AVENUE
W83° 27' 27.5''
N27° 20' 36.4''
I-75 to Fruitville Ave., then West to Central, N, to 830 Central.
34236 - Sarasota
DTE
Neighborhood
Alta Vista Elementary
Booker High
Booker Middle
Additional Information
: Public
https://view.paradym.com/idx/830-CENTRAL-AVENUE-SARASOTA-FL-34236/4829376
2990000
2023-09-27
4
: Multi/Split
: Crawlspace
: Concrete, Wood Frame
9357
Financial
16976.79
Listing Information
256021215
256010101
Assumable,Cash,Conventional
Canceled
2023-12-27T21:30:08Z
Stellar
: None
2023-12-27T21:29:19Z

Residential Income For Sale

830 Central Avenue, Sarasota, Florida 34236

7,950
$2,590,000
Listing ID #D6132606
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : D6132606
Price : $2,590,000
View : Garden,Park/Greenbelt
Square Footage : 7,950
Year Built : 1925
Lot Area : 0.78 Acre
Office Name : RE/MAX ALLIANCE GROUP
Agent Name : Lesley Melahn
Property Sub Type : Quadruplex
Roof : Shingle, Built-Up
Listing Status : Canceled
Agent info
Contact Agent