1343 4th Street, Sarasota, FL 34236

$6,950,000
11,529
SqFt
List Price
$6,950,000
Status
Active
Days on Market
101
Price Change
▲ $50,000 1682124470
MLS#
A4561452
Property Style
Multi-Family
New Construction
Yes
Year Built
2022
Living Area
11,529
Lot Size
10,500
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
4th By The Bay
Development Name
4th By The Bay
MLS Area Major
Sarasota

Property Description

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!

Additional Information

Taxes
$37932
Location
City Limits, Near Public Transit, Sidewalk, Paved
Community Features
Activity Core/Center, Sidewalks, No Deed Restriction
Zoning
DTE
Floor
Tile
Appliances
Dishwasher, Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete, Stucco, Wood Siding
Foundation
Slab
Pool
No Pool
Garage Features
Parking Spaces - 1 to 5, Deeded, Ground Level, Secured
Water Name
Sarasota Bay, Gulf Of Mexico
Water View
Bay/Harbor - Partial, Gulf/Ocean - Partial
Pets
Not allowed
Flood Zone Code
X
Parcel ID
2026126005
Legal Description
LOTS 18 & 20 BLK 25 PLAT OF SARASOTA

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Listing courtesy of COLDWELL BANKER REALTY.

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