530 South Orange Avenue, SARASOTA, FL

$3,400,000

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0.14

Acres

About 530 South Orange Avenue

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.

Features of 530 South Orange Avenue

MLS® # A4491996
Price $3,400,000
Acres 0.14
Year Built 1925
Type Commercial Sale
Sub-Type Mixed Use
Status Active
Taxes $21,675
CDD N

Community Information

Address 530 South Orange Avenue
Area Sarasota
City SARASOTA
County Sarasota
State FL
Zip Code 34236

Interior

Fireplace No

Exterior

Roof Membrane
Foundation Slab

Additional Information

Date Listed March 2nd, 2021
Days on Market 106
Zoning DTC

Listing Details

OfficeROSEBAY INTERNATIONAL, INC

Listing Map

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