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830 Central Avenue

Sarasota FL 34236

9357 sq. ft.
33812 sq. ft.
Duplex
Currently for sale - view listing

Overview

Exciting opportunity to invest in the ROSEMARY RESIDENTIAL OVERLAY DISTRICT! OWNER WILL ALSO ENTERTAIN A TRIPLE NET LEASE! This historical complex, built in 1925 is located within minutes from Sarasota Bay, in a rapidly developing area of luxury apartments and condominiums. THERE IS NOW A TREMENDOUS ADVANTAGE AND BONUS TO THE OWNERSHIP OF THIS HISTORICAL HOME DESIGNATION. City of Sarasota will allow development of an additional 20 units to the parking lot area ( 42 parking spots). Allowing for a possible total of 95 units, 8 rented below market value. PER CITY OF SARASOTA. Current use of this unique and charming 4 building, 5 UNIT complex is housing rental. Each of the 5 units contain shared kitchens and baths and there is , in addition a yoga studio which can be converted into available housing. Currently there are 13 tenants enjoying the pulse and vitality, and in-town dynamics that the complex has to offer.

Features

9357 sq. ft. floor area
33812 sq. ft. lot size
Duplex

Property history for 830 Central Avenue

2021
Sold
$1,100,000
15 Feb 2021 by Mara Daniel, of LIVE MODERN

Happy sellers in Sarasota

90%
90% of sellers in Sarasota reported that their sale price either exceeded or met their price expectations.

Sarasota stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Sarasota over the last 12 months.

Local market activity for duplexes in Sarasota

In the last 12 months, 1 duplex similar to 830 Central Avenue, have been sold.

This represents a 50% increase in duplexes sales when compared to the previous 12 months.

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(619) 566-0008
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