Sarasota, FL 34233

$1,695,800
MLS #/Web ID: O5549988
O5549988

Commercial Property for sale in Sarasota, FL

for $1,695,800. This 11,164 square foot building was built in 1986 on a lot size of 6.43 Acre(s).

Property Information

  • $1,695,800
  • Commercial
  • 11,164 Square Feet
  • Taxes are $15,956
  • Active
  • Lot size of 6.43 Acre(s)
  • Built in 1986
  • Sarasota, FL
  • Sarasota County
  • MLS/Web ID is O5549988
  • Price Reduced

 Virtual Tour

Description

Great Opportunity in a middle of Sarasota, Florida with RFM-2 zoning. Existing 10 unit is generating $136, 000 gross annual rent as of 2017, not including recent increases and it could be a part of the future complex. The current zoning allows 9 units/ acre. The property has its own pool, big clubhouse, tennis courts. etc.

Exterior 3

Lot Description

  • Inside City Limits
  • Oversized Lot

Road Frontage

  • Private Road

Roof

  • Shingle Roof

Miscellaneous 1

Location

  • Neighborhood

Rental 1

Tenant Pays

  • Electric

† Excluded Feature

Listed By

Broker: PARTNERS TRUST REALTY GROUP

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Pricing History

Date Price Price Change Description
9/12/2018 $1,695,800 -22.39 % Price Change
11/27/2017 $2,185,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Sarasota $738,488 56 % below $409,900 76 % below
Commerical listings in Sarasota $1,131,402 33 % below $549,000 68 % below

Get the facts about Sarasota, FL!

Population 54,525
Population Growth (since 2000) 4 %
Median Income $45,341
Median Age 44.87
Households w/ Children 18 %

Residential Dwellings

  • Owned 14055
  • Vacant 5451
  • Rented 10266

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363