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Property profile & analytics
FOR SALE
Retail space

430 Kumquat Ct Sarasota, FL 34236

Entity Owned 4-yr Hold
Property ID
US19-0247818
Property summary
AI-generated overview

Under contract-accepting backup offers. Pre-Construction. To be built. Retail/commercial office condominium suites in a prime location in downtown Sarasota with street-side access. Allow yourself to be enchanted at Villa Ballada, the Czech name for “House of Harmony,” at this urban yet secluded tropical enclave in Sarasota’s historic, eclectic downtown Rosemary District. This modern-designed, mixed-use condominium project comprises three professional retail spaces below the 22 residences. Created by local, award-winning Rosemary District architects, Halflants + Pichette, these rarely available new construction retail/office spaces offer incredible contemporary styling and masonry walls between suites. Ready to be customized to the buyer’s needs, retail/commercial spaces are offered roughed in, ready to receive new owner’s optional individual heating and cooling systems. New concrete floors are ready to receive the new buyer’s desired finish. Monthly fees are low at $319/month. Abundant street parking is available on Kumquat Court, 4th Street, Lemon Avenue and Orange Avenue. You are right around the corner from Citrus Square and Orange Avenue commercial districts, Lemon Avenue and Fruitville Road, other retail and commercial enterprises, as well as traffic to Whole Foods, farmers market, restaurants and shopping, arts and cultural theater districts. With recently completed apartment living, there are 1,800 new residents in Rosemary District alone, just waiting to visit your new place of business, art gallery or retail business. Contact agent to receive full info package. bikeScore: 62, Bikeable walkScore: 88, Very Walkable transitScore: 44, Some Transit

Property profile
Verified
Property type Retail space
UPID US19-0247818
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Villa Ballada LLC · 4 yrs held
Villa Ballada LLC
since 2022
1 recorded transaction
2022
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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