Large parcel in the heart of dowtown, with 15 on site parking paces (incredibly rare) and a city parking garage directly across the street.
The 13,000 SF building has been gutted and is ready to be finished off or re developed. Zoning is DTC (Downtown Core) allowing 10 stories at… Read More 50 units per acre or 18 residential units. Density Bonus: The City of Sarasota, to encourage Attainable Housing, has created an Attainable Housing Density Bonus” AHDB” entitlement option for DTC, DTB and DTE zoned properties. The AHDB offers up to 4-times the entitled residential density provided 15% of the “bonus” units are “attainable”. Base residential density for the subject is 18-units; under the AHDB the subject is entitled to 72-units provided 8-units “attainable” and 64 may be market rate. “Attainable” is defined that rent or sales price does not exceed 30% of the AMI (area medium income). Currently AMI for the City of Sarasota is approximately $80,000 per year. Read Less
Courtesy of RE/MAX ALLIANCE GROUP 941-954-5454
Listing Snapshot
Days Online
0
Last Updated
Property Type
Mixed Use
Square Ft.
13,076
Lot Size
0.36 Acres
Year Built
1921
MLS Number
A4683759
Additional Details
Property Access
Frontage Type: Alley, City Street, Road Surface: Asphalt
Building
Built in 1921, Living area: 12626, Living area units: Square Feet, 2 stories, Construction Materials: Block, Brick
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