Manasota Key Real Estate

530 S ORANGE AVENUE, SARASOTA, FL 34236 (MLS # A4491996)

Price $3,400,000
Status Active
Beds 0
Baths 0 Bath
Home size 14,266 sqft
Lot Size 6,252 sqft
Days on Market 71
This Mediterranean style property is in Historic Burns Court of Sarasota, only a few minutes from downtown Sarasota. The possibilities are endless of what to do with this income producing property. This is a 3-story building and the 2nd floor houses 8 completely furnished rooms including unique art, antique furniture and all the amenities. These charming, quaint rooms could be rented out as vacation rentals or as furnished apartments on a yearly lease. The first floor totaling approximately 3461 square feet has 3 retail units. One of the retail spaces could be converted in a hotel lobby. You could turn this property into a boutique hotel offering personalized service that caters to the individual. Or you could turn it into a charming bed and breakfast. The other main use would be to redevelop it as a commercial property. Possibilities are endless as it is approved to expand to 10 stories. You will not find anything on the market that matches the beauty and charm of this property. Uses are purely suggestions and speculative. Due diligence for uses. See survey for building for sale. See Realtor Remarks for showings.
Property Type(s): Single Family
Last Updated 4/15/2021 Tract PLAT OF SARASOTA EXHIBIT
Year Built 1925 Community 34236 - Sarasota
County Sarasota

Price History

Prior to Apr 15, '21 $3,195,000
Apr 15, '21 - Today $3,400,000

Additional Details

AIR Other
AREA 34236 - Sarasota
LOT 6252 sq ft
LOT DESCRIPTION Central Business District, Historic District, In City Limits
STYLE Mixed Use
TAXES $21674.73



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The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/11/21 12:54 AM PDT.

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