Listing IDD6124334
SqFt 2,100
Acres 0.780
SubdivisionPos Sub
Year Built1925
Property TypeCommercial Sale
Property Sub TypeBusiness
Exciting opportunity to invest in the ROSEMARY RESIDENTIAL OVERLAY DISTRICT! This historical complex, built in 1925 is located within minutes from Sarasota Bay, in a rapidly developing area of luxury apartments and condominiums. The area is designated to encourage more individuals to permanently reside within the boundaries of the RROD in order to enhance the economic vitality of the Rosemary neighborhood and downtown. Zoning is DTE. Per City of Sarasota, the base density within the RROD is 40 dwelling units per acre. It is the further intent of these regulations that applications for approval of a building permit or site plan for new development can be increased to a density of up to 100 dwelling units per acre, development compliance to be applicable, to the density and scale of the surrounding community. Current use of this unique and charming 4 building complex is as a wellness center, and there are currently 13 tenants enjoying the pulse and vitality, and in-town dynamics that the complex has to offer.
Listing information courtesy of Re/max Alliance Group.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Wednesday, June 29th, 2022 at 06:43:01 PM.

Request More Information - Listing ID D6124334

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker