1215 N Palm Ave
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1215 N Palm Ave
2,211 SF Office Building Sarasota, FL 34236 $1,800,000 ($814/SF)
Investment Highlights
- 2-story building for sale in the heart of Downtown Sarasota.
- Freestanding building with plentiful parking in rear.
- Currently laid out as office space but can be converted to retail or residential.
- Built in 1925 giving it a quaint and historic charm.
- Walkable to Main Street and numerous restaruants and retail venues.
Executive Summary
Discover a unique opportunity with this 2,211 SF freestanding building, boasting timeless character from its 1925 construction. Zoned DTB and strategically positioned in the sought-after Downtown area, this property presents a prime opportunity for office, retail, or residential users and investors. The historic charm of the building offers a distinctive appeal, while its prime location provides convenience and visibility. With its versatile layout and historic appeal, this property is primed for a wide range of uses, making it an ideal choice for anyone seeking a property with character and potential in the heart of Downtown Sarasota.
Immerse yourself in the vibrant Downtown Sarasota scene, just steps away from the property. This prime location offers easy access to an array of attractions, including the iconic Sarasota Opera House, the acclaimed Florida Studio Theatre, and the renowned Marie Selby Botanical Gardens. Enjoy a variety of dining options ranging from upscale to casual, all within walking distance. The area boasts a thriving arts and culture scene, with numerous galleries and museums nearby. With its dynamic mix of entertainment, dining, and cultural experiences, the Downtown Sarasota area presents an enticing opportunity for office or retail building users looking to be at the heart of a lively and growing community. The building could also be repurposed back into a residence to take advantage of the central Downtown location.
Immerse yourself in the vibrant Downtown Sarasota scene, just steps away from the property. This prime location offers easy access to an array of attractions, including the iconic Sarasota Opera House, the acclaimed Florida Studio Theatre, and the renowned Marie Selby Botanical Gardens. Enjoy a variety of dining options ranging from upscale to casual, all within walking distance. The area boasts a thriving arts and culture scene, with numerous galleries and museums nearby. With its dynamic mix of entertainment, dining, and cultural experiences, the Downtown Sarasota area presents an enticing opportunity for office or retail building users looking to be at the heart of a lively and growing community. The building could also be repurposed back into a residence to take advantage of the central Downtown location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,211 SF
Building Class
C
Year Built
1925
Price
$1,800,000
Price Per SF
$814
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,106 SF
Building FAR
0.42
Land Acres
0.12 AC
Zoning
DTB - Downtown Bayfront District
Parking
1 Space (0.45 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 2027-04-0041 | Improvements Assessment | $119,700 |
| Land Assessment | $1,320,500 | Total Assessment | $1,440,200 |
PROPERTY TAXES
Parcel Number
2027-04-0041
Land Assessment
$1,320,500
Improvements Assessment
$119,700
Total Assessment
$1,440,200
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Will Martin -
Lee DeLieto Jr. -
Spencer Brannen -
Michael Saunders & Company
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1215 N Palm Ave
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