Newly Renovated 20-Unit Apartment
For Sale
Contact for pricing
635 N Lime Ave, Sarasota, FL 34237
A fully leased 20-unit apartment complex with renovated studios and one-bedroom units and updated building systems.
Property SizeContact for details
Days on Market132
Property Features for 635 N Lime Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
20
Building Details
Tenancy
Multi
Listing Agency:
Ian Black Real Estate LLC
(941) 906-8688
Listed By:
Jag Grewal · License #FL BK699811
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ian Black Real Estate LLC
Investment Insights
Based on property information with market context.
This newly renovated 20-unit apartment complex includes a mix of studio and 1-bedroom, 1-bath units. Recent upgrades are reflected throughout the property, including new kitchens, upgraded bathrooms, flooring, lighting, and new split HVAC systems. Exterior improvements include a new roof, new exterior paint, and PVC fencing around the building. The parking lot has also been updated with a new asphalt overlay.
The property is located in a downtown developing Lime Light District area in Sarasota, Florida, and is described as conveniently located.
The building is offered fully leased, with the units recently renovated as part of the property’s current condition.
The property is located in a downtown developing Lime Light District area in Sarasota, Florida, and is described as conveniently located.
The building is offered fully leased, with the units recently renovated as part of the property’s current condition.
Key Highlights
- 20‑unit apartment complex featuring a mix of studio and 1 bed/1 bath units
- Fully leased property with recently renovated units
- Renovations include new kitchens, upgraded baths, new flooring, and updated lighting
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,968
Businesses Nearby
Explore this area
Business Placement
Demographics for 34237, FL
16,740
Population
9,194
Households
1.8
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
4,292
Density / Sq Mi
$63,133
Median Household Income
$35,044
Median Earnings
$1,524
Median Rent
$234,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - A fully leased 20-unit apartment complex with renovated studios and one-bedroom units and updated building systems.
Where is this apartment building located?
The property is located at 635 N Lime Ave Sarasota, FL.
What are key features of this property?
This property features: 20‑unit apartment complex featuring a mix of studio and 1 bed/1 bath units; Fully leased property with recently renovated units; Renovations include new kitchens, upgraded baths, new flooring, and updated lighting
