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1343 4Th Street
Sarasota, Florida FL 34236
$7,900,000 Price
Active Status
11,529 SqFt
0.240 Acres
A4561452 Listing ID
One or more photo(s) has been virtually staged. WHY WAIT TO BUILD? REDUCED $1M! New 6-Unit Townhouse Building on a .245 acre lot in the Historic Rosemary District of Downtown Sarasota, FL! Potential for Boutique Hotel, Short-Term or Long-Term Rental Program (or Lease to Own). Strong income & CAP rate potential! Three Loft and Three Garden units. Lofts offer private elevators. All units have 1 car garages with additional storage. Community fitness center, security gate, elevator from entrance to all floors, and large gathering room (could be Manager's Office). Unique Investment Opportunity in the Heart of the City! Urban convenience with Sarasota Bay Views! Rooftop deck overlooks the cultural hotspot of Sarasota! Enjoy local dining, shopping, Marina Jack's, Theater, Sarasota Opera & Sarasota Orchestra! World renown entertainment at the Van Wezel! Explore St. Armand's Circle and the white-sand beaches of Lido, Longboat, Siesta & Anna Maria Island! Don't miss this opportunity to own an upscale, urban Florida multi-family!
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Status Active
County Sarasota
Subdivision 4Th By The Bay
Year Built 2022
Property Type Commercial Sale
Commercial Sale
Property Sub Type Multi-Family

Primary Features

County: Sarasota
Price Before Reduction: 8900000
Price Reduction Date: 2023-03-13T11:54:53+00:00
Property Sub Type: Multi-Family
Property Type: Commercial Sale
Subdivision: 4Th By The Bay
Year Built: 2022
Zoning: DTE

Interior

Appliances: Dishwasher, Refrigerator
Building Area Units: Square Feet
Building Features: Elevator, Extra Storage, Reception, Solid Surface Counter
Cooling Type: Central Air
Flooring: Tile
Heating Type: Central
Levels: Multi/Split
Living Area Meters: 1071.08

External

Construction Materials: Concrete, Stucco, Wood Siding
Foundation Details: Slab
Lot Features: City Limits, Near Public Transit, Sidewalk, Paved
Lot Size SqFt: 10500
Lot Size Square Meters: 975
Number Of Units Total: 6
Parking Features: Parking Spaces - 1 to 5, Deeded, Ground Level, Secured
Property Condition: Completed
Road Frontage Type: City Street
Road Surface Type: Paved
Sewer: Public Sewer
Total Acreage: 0 to less than 1/4
Total Number of Buildings: 1
Utilities: Public
Vegetation: Trees/Landscaped
Water Access: no
Water Extras: no
Water Source: Public
Water View: yes
Water View Type: Bay/Harbor - Partial, Gulf/Ocean - Partial
Waterfront: no

Location

Building Area Source: Public Records
Building Area Total: 15345
Community Features: Activity Core/Center, Sidewalks
Complex Development Name: 4th By The Bay
Country: US
Flood Zone Code: X
Flood Zone Panel: 12115C0133F
MLS Area Major: 34236 - Sarasota
Number Of Lots: 2
Township: 36
Water Body Name: SARASOTA BAY, GULF OF MEXICO

Financial

Current Price: 7900000.00
Listing Terms: Cash, Conventional
Possession: Close of Escrow
Sale Includes: Building(s) and Land
Special Listing Conditions: None
Tax Annual Amount: 37932
Tax Block: 25
Tax Book Number: A-30
Tax Lot: 18,19
Tax Year: 2022

Zoning Info


Listed by: Coldwell Banker Realty 941-383-6411.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Friday, March 24th, 2023 at 09:21:45 AM.

Contact - Listing ID A4561452

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WALT BETHEL

2815 Tamiami Trail
Punta Gorda, FL 33950
Phone: 8639901748
Phone Alt: 8639901748

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