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Key Details
Sold Price $524,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,948 sqft
Price per Sqft $268
Subdivision San Marco
MLS Listing ID A4587650
Sold Date 01/16/24
Condo Fees $3,196
HOA Y/N No
Originating Board Stellar MLS
Year Built 2006
Annual Tax Amount $5,150
Property Description
Investment opportunity located directly on Tamiami Trail (Rt. 41) with daily traffic count of more than 36,000. The condominium unit consists of seven leased office suites, shared kitchen, and lobby. The suites are annual leases and most have been long term tenants. Furnishings and some art shown in the pictures are included in the selling price. The Building was built in 2006 to stringent hurricane codes and is outside the flood zone. Easy to operate with inside cleaning and maintenance services in place. The outside of the building is maintained by the association. The building has convenient private and separate parking for the commercial and residential units. With numerous high end residential projects recently completed, and many more currently under construction or in the approval process, Sarasota is booming. This is an ideal opportunity to take advantage of tremendous upside to pricing power as the area continues to grow.
Location
State FL
County Sarasota
Community San Marco
Zoning CRD
Interior
Cooling Central Air
Exterior
Waterfront false
Building
Story 1
Foundation Pillar/Post/Pier, Slab, Stem Wall
Lot Size Range Non-Applicable
Structure Type Stucco
New Construction false
Others
Pets Allowed Yes - See Condo Docs
Ownership Condominium
Monthly Total Fees $1, 065
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with PARTNERS REALTY OF SARASOTA
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Milton Knight, CRS
Principal Real Estate Broker | License ID: 0663675
Principal Real Estate Broker License ID: 0663675