$197,500
$229,900
14.1%For more information regarding the value of a property, please contact us for a free consultation.
739 SqFt
SOLD DATE : 12/13/2023
Key Details
Sold Price $197,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 739 sqft
Price per Sqft $267
Subdivision San Marco
MLS Listing ID A4581052
Sold Date 12/13/23
Condo Fees $1,159
HOA Y/N No
Originating Board Stellar MLS
Year Built 2006
Annual Tax Amount $2,169
Property Description
Excellent investment property, located directly on Tamiami Trail (Rt. 41) in the much sought after mixed use San Marco building. Recently updated with beautiful wood flooring, new ceiling tiles and lighting fixtures. Fantastic signage in 3 locations, and a daily traffic count of more than 36,000. The building has convenient private and separate parking for the commercial and residential units. Building was built in 2006 to stringent hurricane standards and is outside the flood zone. Current tenant has a lease through May 2024. With numerous high end residential projects recently completed, and many more currently under construction or in the approval process, Sarasota is booming. This is an ideal opportunity to take advantage of tremendous upside to pricing power as the area continues to grow.
Location
State FL
County Sarasota
Community San Marco
Zoning CRD
Interior
Cooling Central Air
Building
Story 1
Foundation Stem Wall
Lot Size Range Non-Applicable
Structure Type Block,Concrete
New Construction false
Others
Ownership Condominium
Monthly Total Fees $386
Special Listing Condition None
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Bought with PEOPLE'S CHOICE REALTY SVC LLC
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