We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Gelfand Realty Miami Properties - Multi Family

505 S ORANGE #1C, SARASOTA, FL 34236

Back to Search

Multi Family -

505 S ORANGE #1C, SARASOTA, FL 34236

Sold Price$1,150,000 Asking Price$1,250,000

Search the same
Share by:
  • Days on market:

    160 day(s)
  • Original Price:

    $1,250,000
  • Price per sqft:

    $323.58
  • Tax Legal Description:

    UNIT C1, KANAYA
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Lease Term Remaining:

    6 + Years
  • Construction Type:

    Block
  • Roof:

    Metal
  • Cooling Description:

    Central AirZoned
  • Heating Description:

    CentralZoned
  • Floor Description:

    CarpetCeramic Tile
  • Special Listing Conditions:

    None

Description

$1,250,000 • living size area 3863 sqft

Situated in the center of bustling downtown sarasota, this fully leased 6+cap two story office has a bonus feature of 14 private garage parking spaces. with a 10 year lease in place with 8 years remaining, including escalators, this is a great opportunity to buy now and secure income while watching the city grow around your investment. located in the heart of the highly sought after burns court neighborhood of downtown, this office building has many desirable features including; dual entrances, large kitchenette, 3 ada compliant bathrooms, multiple conference rooms, 2nd floor access via stairs or elevator, 2 large bull pen areas, large offices, lots of windows, high ceilings and walking distance to several downtown eateries. the beautiful burns court neighborhood is peaceful and walkable to everything. with two separate pid#’s there is the future potential to occupy one space for yourself and lease the other to offset the carry costs and even generate some income. the private 14 garage parking spaces are a rare find in sarasota office space. perfect opportunity for your 1031. *included in the sale are both pid#’s 2027104001 and 2027104002.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty