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Opportunity Zone Downtown Core 2 Properties Offered at $5,600,000 in Sarasota, FL
Executive Summary
Rare opportunity to purchase two prime downtown Sarasota parcels for development in an Opportunity Zone!
Seize this chance to acquire two adjacent parcels in the Downtown Core in Sarasota, FL. These lots boast 96' feet of frontage on South Osprey Avenue and are 172' deep.
25 S. Osprey Avenue is currently the home to a 2,047 square foot Victor Lundy commercial building. Both parcels currently provide income from leases with short term
termination clauses.
Zoned Downtown Core (DTC), the property is ideally positioned for redevelopment making it perfect for apartments/condos (zoning allows for 50 units/acre), retail or office.
Located towards the east end of Main Street near newly developed multifamily, Sprouts grocery, restaurants and other commercial retail establishments.
Seize this chance to acquire two adjacent parcels in the Downtown Core in Sarasota, FL. These lots boast 96' feet of frontage on South Osprey Avenue and are 172' deep.
25 S. Osprey Avenue is currently the home to a 2,047 square foot Victor Lundy commercial building. Both parcels currently provide income from leases with short term
termination clauses.
Zoned Downtown Core (DTC), the property is ideally positioned for redevelopment making it perfect for apartments/condos (zoning allows for 50 units/acre), retail or office.
Located towards the east end of Main Street near newly developed multifamily, Sprouts grocery, restaurants and other commercial retail establishments.
Property Facts
| Price | $5,600,000 | Number of Properties | 2 |
| Price / SF | $2,800 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 2,000 SF |
| Status | Active | Total Land Area | 0.37 AC |
| Price | $5,600,000 |
| Price / SF | $2,800 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 2,000 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 31 Osprey ave, Sarasota, FL 34236 | Land | 0.19 AC | - | - |
| 25 S Osprey Ave, Sarasota, FL 34236 | Office | 2,000 SF | 1957 | - |
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Opportunity Zone Downtown Core