1256 5Th StSarasota, FL 34236
7-Unit Multifamily, Redevelopment Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Exceptional 7-unit multifamily investment opportunity in Sarasota, FL.
- Three parcels totaling 21,000 sq ft, currently zoned DTE, eligible for DTC rezoning.
- Located at 1256 5th Street and 1259-1271 4th Street, Sarasota, FL 34236 (APN: 2026-12-0054, 2026-12-0067, 2026-12-0068).
- $5,950,000 asking price ($850,000 per unit); "as-is" condition; seller makes no warranty.
- Prime location near Blvd Condominiums and Sarasota Modern Hotel, in an area slated for luxury condo development; 3-year sale-leaseback agreement provides immediate income stream for artist housing.
Property Details for 1256 5Th St
- Property type
- Dormitories, Student housing
- Buildings
- 3
- Units
- 7
Location Insight
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Latitude
- 27.3402732
- Longitude
- -82.5456585
Nearby Similar for Sale
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