One or more photo(s) has been virtually staged. WHY WAIT TO BUILD? REDUCED $1M! New 6-Unit Townhouse Building on a .245 acre lot in the Historic Rosemary District of Downtown Sarasota, FL! Potential for Boutique Hotel, Short-Term or Long-Term Rental Program (or Lease to Own). Strong income & CAP rate potential! Three Loft and Three Garden units. Lofts offer private elevators. All units have 1 car garages with additional storage. Community fitness center, security gate, elevator from entrance to all floors, and large gathering room (could be Manager's Office). Unique Investment Opportunity in the Heart of the City! Urban convenience with Sarasota Bay Views! Rooftop deck overlooks the cultural hotspot of Sarasota! Enjoy local dining, shopping, Marina Jack's, Theater, Sarasota Opera & Sarasota Orchestra! World renown entertainment at the Van Wezel! Explore St. Armand's Circle and the white-sand beaches of Lido, Longboat, Siesta & Anna Maria Island! Don't miss this opportunity to own an upscale, urban Florida multi-family!

Listing courtesy of COLDWELL BANKER REALTY



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Data last updated at: 2023-03-31 05:45 PM EDT