$4,295,000 • living size area 22842 sqft

A rare opportunity to acquire rosemary central located @ 650 central ave in the booming rosemary district of vibrant downtown sarasota, fl. the property is a fully stabilized mixed-use commercial property consisting of 5 commercial retail storefronts, 5 modern condominium style apartments, 7 townhomes and a villa. located on over one acre of land and encompassing nearly a full city block, rosemary central has a long history of full occupancy, rapidly increasing income and an enormous opportunity to further enhance the value by the ability to further develop the property with a far greater density of residential units. this well maintained property offers a diversified rent roll with a strong base of commercial and residential tenants. five spacious store-front retail/office suites located directly on busy central ave representing durable cash flow and stability for a new owner. the richly updated residential units are comprised of 2nd story modern flats above the commercial suites, a standalone building with townhomes and a garden style villa. the rosemary district has seen huge growth over the past 5 years, bringing in a vibrant food and art scene with plenty of selections for everyone’s preferences. this is a very well maintained property with extremely stable income and an enormous amount of future development potential that would further enhance this amazing opportunity.

Multi Family - POS SUB

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