530 S Orange AvenueSarasota, FL 34236MLS Number A4491996

  • Price: $3,400,000
  • 72 Days on Market
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Federal 30-year interest rate: 2.96% last updated on May 6, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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530 S Orange Avenue Sarasota FL 34236530 S Orange Avenue Sarasota FL 34236530 S Orange Avenue Sarasota FL 34236
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  • 0.14Acreage
  • 1925Year Built
  • 7,200Square Feet

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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.
Listed by Lorna Leduc of ROSEBAY INTERNATIONAL, INC

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More Info

Location Information

  • Road FrontageBusiness District, City Street

Basic Information

  • Property SubTypeMixed Use

Building

  • Building Area Source Owner
  • Garage Spaces
  • Levels Three Or More
  • RoofMembrane
  • Stories3
  • Year Built1925

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Basic Information

  • List Price$3,400,000
  • MLS NumberA4491996
  • Mls Status Active
  • StatusACT

Property

  • Business Type Commercial, Hotel/Motel, Other, Professional/Office, Retail
  • Living Area 14266
  • ZoningDTC

Utilities

  • Cooling Other

Property Information

  • Acreage0.14
  • Construction Materials Block, Stucco
  • Lot DescriptionCentral Business District, Historic District, City Limits
  • Lot Size Square Feet 6,252
  • MFR Adjoining Property Commercial
  • MFR Total Acreage 0 to less than 1/4
  • Square Feet7,200

Tax Information

  • Tax Year 2020
  • Taxes$21,674

Location

  • Address530 S Orange Avenue
  • AreaSarasota
  • Building Number530
  • CountySarasota
  • Directions Osprey ave north to left on tamiami trail to right on orange. Building sits between orange and pineapple. It is building in back
  • Leasable Area 7200
  • StateFL
  • StreetOrange
  • SubdivisionPlat Of Sarasota Exhibit
  • TownSarasota
  • Township 36S
  • Zip34236

Other

  • Date Listed03/03/2021
  • MFR Flood Zone Code X AE
  • View Count1
Coldwell Banker Residential Real Estate | Kelly Rosenberg
Coldwell Banker Residential Real Estate | Kelly Rosenberg
Office: 941-961-4948
201 Gulf of Mexico Dr.
 Suite 1
Longboat Key, FL 34228

Based on information submitted to MFRMLS as of May 13, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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