Historical Multifamily Sale Listing - Parkside East

Multifamily For Sale

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Parkside East

785 N. Osprey Avenue, Sarasota, FL 34236

N/A

23 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
23
Building Size:
16,434 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Year Built:
1975
Lot Size:
0.92 AC
Listing ID
17229676
Last Updated
over 1 year ago

Highlights

  • Beautiful Park Across Street
  • Walking Trails
  • Close to Downtown Sarasota
  • Updated 2011

Description

PARKSIDE EAST is currently owned by Pearl Partners, a consortium of investors who purchased the property in February 2006 from a trust when the original owner passed away. The previous owner had converted the units to condos in anticipation of sellingthem individually. However, this concept was never executed.THE PROPERTY is 40,210 SF which is 0.92 acres containing one ?L? shaped 2-story concrete block building consisting of 23 units. There are twenty-two (22) 2 bedroom, 1 bath units with 697 SF and one (1) unit that is 2 bedrooms, 2 baths with 1,100 SF.

The proximity of the property to Gillespie Park and downtown Sarasota make this an attractiveproperty for buyers who are looking for convenience and location. The neighboringpark boasts walking trails, a small lake, is pet friendly and heavily forested. The parkalso houses a local police office adding to the safety and security of the overall area. Thearea itself is slowly changing as property values have made renovations and new constructionviable in the area, adding to the overall allure and attraction.

Map of 785 N. Osprey Avenue, Sarasota, FL 34236

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Created 7/1/2011