1330 Central Ave Sarasota, FL 34236-2524
- Warehouses
- 4,800 SF
- 0.69 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1330 Central Ave
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.69 lot acres
- Property size
- 4,800 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- 2025-06-0006
- APU
- 2025060006
Description
This exceptional investment opportunity presents a 13,488 square foot multi-tenant flex space located at 1330 & 1340 Central Avenue in Sarasota, Florida, 34236. The property sits on a 30,000 square foot lot and comprises two buildings constructed in 1986. Currently zoned I - Industrial City of Sarasota, this property offers significant potential for a new owner. The asking price is $2,795,000, translating to $207.22 per square foot. The existing tenancy presents several options: a new owner could vacate all or some tenants and occupy the space, increase rents for remaining tenants, relet vacated units at market rates after minor renovations, or vacate entirely and utilize the buildings for a single business or larger rental units. This is a generational property in a transitioning area, presenting a unique opportunity for redevelopment or continued income generation. The property's APN is 2025-06-0006. This is a prime opportunity to capitalize on the growing Sarasota market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $585,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $790,000
Market price range: $268k - $790k
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Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5423
- Latitude
- 27.3498
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA