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    923-929 Lime Ave Sarasota, FL 34237

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    For Lease
    $18 SF/Yr ($3,750 /Mo)

    Retail space in Sarasota's Limelight District, renovated in 2023.

    Property size:
    2,500 SF
    Lot size:
    0.39 Acres

    Property Features for 923-929 Lime Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.39 Acres

    Source: Ian Black Real Estate, LLC Agent Lauren McComb Dixon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space in Sarasota

    This property offers an opportunity to lease space in Sarasota's Limelight District, near Downtown Sarasota. The building is located in the Limelight District, which features a community of over 100 independent businesses, and is intended to be a location for artists, makers, and innovative businesses. The property has retail frontage on Lime Avenue and parking on both Lime and Apricot Avenues, allowing for access from the front and rear of the building. The concrete block building was renovated in 2023. Units 923 & 925 can be combined for a total of 5,000 square feet. The available space is 2,500 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5243872
    Latitude
    27.3444732

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    FAQs

    What type of property is this?
    Retail space - Retail space in Sarasota's Limelight District, renovated in 2023.
    Where is this retail space located?
    The property is located at 923-929 Lime Ave Sarasota, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Sarasota's emerging Limelight District.; - Meticulously renovated in 2023.; - Retail frontage on Lime Avenue with front and rear access.
    (941) 350-5991
    Request Owner's contact information
    923-929 Lime Ave Sarasota, FL 34237
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    923-929 Lime Ave Sarasota, FL 34237
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