777 S PALM AVENUE

SARASOTA, FL, 34236

$6,300,000

$630 per ft²
$6,300,000
$630 per ft²
Active
Active
 - For Sale
carpenters-square
10,000 ft²
property_type
Commercial
calendar
Built 1968
BACK ON THE MARKET WITH PRICE ADJUSTMENT! One of the last buildable locations on one of Sarasota’s most iconic downtown streets with views of Sarasota Bay and Selby Botanical Gardens! Leases are currently in place; however, value is in the potential of Bay and City views. DTE (DOWNTOWN EDGE) ZONING, which allows for 26 units/acre residential or 50 units/acre for hotel. Potential for luxury condos, boutique hotel, retail, art gallery or professional city business complex. Rare opportunity on prestigious Palm Avenue lined with luxury condos and specialty retail, art galleries and restaurants. Easy walk to the Bayfront park and MARINA, which can dock virtually any size vessel. Walking distance to the new Sarasota Art Museum offering classes, exhibits and a café. Across the street from Selby Gardens, a 15-acre urban campus & Bayfront oasis showing a living collection of rare and beautiful tropical plants. Nationally recognized for exhibitions of horticultural and garden displays tied to works by well-known artists as well as live performances and lectures. 777 could be an awesome address for your project and once it’s sold - it’s gone. CALL FOR MORE INFORMATION!
MLS® ID:
A4523801
Listed:
1/31/22
Updated:
8/13/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.55 acres lot
Lot Details
Corner Lot, City Limits, Street Lights, Paved
Sewer
Public Sewer

Other Property Details

Area Name
34236 - Sarasota
Taxes
$25670
Tax Frequency
per YEAR
Garage
No
Parking
Parking Spaces - 19 to 30, Common
View
N
County
Sarasota
Utilities
Public
Water Source
Public
Pool
No
Zoning
DTE

Property History

Date
Event
Price
Value
7/2/22
Price Change
$6,300,000
-5%
6/25/22
Active
-
-
5/3/22
Pending
-
-

Courtesy of COLDWELL BANKER REALTY

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Data last updated 8/13/22, 7:16 AM UTC

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