1570 Blvd Of The ArtsSarasota, FL 34236

Property Details for 1570 Blvd Of The Arts

Year built

1957

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.43 AC

Property size (Sq ft)

8,398 SF

Zone code

DTE

Property type

Office properties

Property subtype

Office buildings

APN

2026-11-0007

APU

2026110007

Description

This exceptional creative office space, totaling 5,116 square feet, is available for lease at 1570 Boulevard of the Arts in Sarasota, Florida, zip code 34236. Located in the Rosemary District, just north of downtown Sarasota, this property offers a prime location with convenient access to the city's amenities. The space is situated within The BOTA Center, a historic building featuring designated parking on both the east side and in a rear lot. The 5,116 square foot suite boasts high-end finishes, previously occupied by a technology company. The thoughtfully designed layout includes private offices, a conference room, phone booths, readily adaptable cubicles, a well-equipped kitchen, an expansive open workspace, and private restrooms. This flexible space is perfectly suited for a company seeking a blend of open collaborative areas and private offices for enhanced productivity and team interaction. The existing build-out offers immediate occupancy, minimizing upfront costs and maximizing efficiency. Two spaces are available, ranging from 1,713 to 5,116 square feet, providing options to suit various business needs. This is an unparalleled opportunity to secure a prestigious and functional office space in a vibrant and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,227,655

  6.5%

  $2,056,297

  7%

  $1,909,418

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,684,719

  Geo Method

  $1,533,727

• Alternative Use

  Use

  Valuation

  Residential

  $2,549,808

  Hospitality

  $2,335,610

  Educational

  $1,943,200

  Medical

  $2,010,030

  Retail

  $3,022,756

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.341

Longitude

-82.5394

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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