1215 Palm Ave Sarasota, FL 34236
- Commercial real estate
- 2,211 SF
Current Use by Public Records
- Debbie Mastenbroek Interiors / Interior Designer
Property Details for 1215 Palm Ave
- Year built
- 1925
- Property size
- 2,211 SF
- Property type
- Commercial real estate
Description
This exceptional 2-story, 2,211 square foot building presents a unique investment opportunity in the heart of Downtown Sarasota, Florida. Built in 1925 and renovated in 1979, this freestanding Class B property boasts timeless character and a prime location, offering convenient access to Main Street and numerous restaurants and retail establishments. The property sits on a 5,383 square foot lot, zoned DTB, providing versatility for a range of uses. Currently configured as executive office space, it offers significant potential for conversion to retail or residential use, catering to diverse business or residential needs. Ample rear parking adds to its appeal. The asking price is $1,800,000, translating to a land value of $814.11 per acre. This property's blend of historic charm, central location, and flexible zoning makes it an ideal choice for discerning investors and businesses seeking a distinctive presence in Downtown Sarasota's vibrant atmosphere. The property's walkability to local amenities and its versatile layout ensure a strong return on investment. Don't miss this chance to own a piece of Sarasota's rich history and thriving downtown scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5461089
- Latitude
- 27.3368318
