Property
| Ownership: | Partnership |
|---|---|
| Type: | Unknown |
| Lot Size: | 0.4 Acres |
Financials
Price:$3,899,000
Annual Taxes:$17,139
Listing Courtesy of WAGNER REALTY
Pre Construction. To be built.
Description
Pre-Construction. To be built. INVESTOR - DEVELOPER OPPORTUNITY in Rosemary District on Orange Ave! Three Lots permitted for five story, 18 unit condos.
Orange Ave is a thriving corridor from Downtown to Rosemary with recently finished projects with this one to be a highlight to the street. Flanked by the Sarasota Military Academy to the North and Citrus Square to the South, this opportunity is positioned in a spectacular and convenient location.
Distance to Main St - Downtown 0.4 miles
Distance to Sarasota Airport (SRQ) 3.8 miles
Distance to Ringling College 1.7 miles
The prime benefit to buyer is “time”, team has worked for over a year and have APPROVED Civil Plans from City of Sarasota and development team is working on construction drawings to be submitted for approval, this project is 3-4 months away from shovel ready.
Currently there are three rental homes on the parcels with month-to-month leases.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
