1343 4TH STREET

SARASOTA, FL, 34236

$7,900,000

$685 per ft²
$7,900,000
$685 per ft²
Active
Active
 - For Sale
carpenters-square
11,529 ft²
property_type
Multi-family
calendar
Built 2022
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!
MLS® ID:
A4561452
Listed:
2/19/23
Updated:
4/1/23
Michael Saunders & Company
Kim Ogilvie Group
Mobile: (941) 376-1717Email: kimogilvie@michaelsaunders.com

Interior Features

Kitchen Appliances
Dishwasher, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
10,500 ft² lot
Lot Details
City Limits, Near Public Transit, Sidewalk, Paved
Sewer
Public Sewer

Other Property Details

Area Name
34236 - Sarasota
Taxes
$37932
Tax Frequency
per YEAR
Association Amenities
Activity Core/Center, Sidewalks
Garage
No
Parking
Parking Spaces - 1 to 5, Deeded, Ground Level, Secured
View
N
County
Sarasota
Utilities
Public
Water Source
Public
Pool
No
Zoning
DTE
Buyer Agency Compensation
2.5%
Transaction Broker Compensation
2.5%

Property History

Date
Event
Price
Value
3/13/23
Price Change
$7,900,000
-11%

Courtesy of COLDWELL BANKER REALTY, Sue Repp,
Listing Contact: 941-383-6411 

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Data last updated 4/1/23, 12:32 AM UTC

Michael Saunders & Company
Kim Ogilvie Group
Mobile: (941) 376-1717Email: kimogilvie@michaelsaunders.com
Contact