200 S Washington Blvd, Sarasota, FL 34236

Artist Court Residences presents a Co-GP / equity placement opportunity for a 242-unit multifamily development scheduled for delivery in 2028. Located in downtown Sarasota, the property provides access to dining, shopping, art, and outdoor activities. Situated within one of Sarasota's opportunity zones, the location is positioned to meet the demand for housing while advancing economic development. The property will offer 242 units averaging 1,015 square feet, along with amenities such as a fitness center, game room, co-working space, and resort-style pool. The property is located within an opportunity zone, which offers tax benefits to investors and aims to foster economic development in the community. The Downtown Sarasota submarket is one of the most expensive and desirable urban submarkets on Florida’s West Coast. The property is located within a high growth corridor, with the 1-mile radius surrounding the subject estimated to see a population growth of 14.17% by 2030. Further, the 1-mile radius surrounding the property boasts an average household income of $135,416 and average net worth of $1,535,783, which supports the growing demand for luxury living in Downtown Sarasota. Downtown Sarasota continues to undergo significant development as nine condominium projects are currently proposed or underway, which will add 717 condominiums and 153 hotel rooms over the coming years. Located just minutes from Lido Key, the property offers access to beaches and an array of outdoor recreational activities.