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- LoopNet Team
650 Central Ave
Sarasota, FL 34236
Rosemary Central · Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 1.09 AC |
| Property Type | Multifamily | Building Size | 29,100 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2002 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Zoning | DTE | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 29,100 SF |
| No. Stories | 2 |
| Year Built | 2002 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | DTE |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- On-Site Retail
- Walking/Biking Trails
- Walk-Up
- Smoke Detector
ABOUT 650 CENTRAL AVE , SARASOTA, FL 34236
A rare opportunity to acquire Rosemary Central located @ 650 Central Ave in the booming Rosemary District of vibrant downtown Sarasota, FL. The Property is a fully stabilized mixed-use commercial property consisting of 5 commercial retail storefronts, 5 modern condominium style apartments, 7 townhomes and a villa. Located on over one acre of land and encompassing nearly a full city block, Rosemary Central has a long history of full occupancy, rapidly increasing income and an enormous opportunity to further enhance the value by the ability to further develop the property with a far greater density of residential units. This well maintained property offers a diversified rent roll with a strong base of commercial and residential tenants. Five spacious store-front retail/office suites located directly on busy Central Ave representing durable cash flow and stability for a new owner. The richly updated Residential units are comprised of 2nd story modern flats above the commercial suites, a standalone building with townhomes and a garden style villa. The Rosemary District has seen huge growth over the past 5 years, bringing in a vibrant food and art scene with plenty of selections for everyone’s preferences. This is a very well maintained property with extremely stable income and an enormous amount of future development potential that would further enhance this amazing opportunity.
PROPERTY TAXES
| Parcel Number | 2026-06-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,396,590 |
PROPERTY TAXES
