Active

$695,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 882 sq ft
Overview
  • ID: MFRA4702786
  • Bedrooms:
  • Bathrooms: 0
  • Size: 882 sq ft
Property Details
Remarks
Last opportunity to acquire a commercial/retail space in Sarasota’s walkable Rosemary Arts and Design District with the prospect of owning rather than leasing commercial space in this active downtown setting. Now available, this 882-square-foot retail and commercial office condominium suite at Villa Ballada offers street-level access, prominent visibility and the flexibility to customize the space for its intended use. MOST IMPORTANTLY: SARASOTA’S OFFICE MARKET EARNS NATIONAL SPOTLIGHT: 1. Sarasota ranked #2 out of Top 50 US Markets! 2. LOOPNET says – Sarasota Market offers strong underlying demand to offset its tighter asset pool. 3. Sarasota job market growing faster than all but 2 of the 49 markets studied , driving long term demand for office space. 4. Strong job growth, Quality Buildings, and Limited Supply drives Long Term Demand for Office Space. Source: LOOPNET: “Best Cities for Office Investing in 2026”, Sarasota Magazine and Business Observer Villa Ballada, Czech for “House of Harmony,” is a modern mixed-use condominium development featuring two professional retail spaces beneath 22 residences. The suite features approximately 34 linear feet of glass frontage, providing substantial street exposure for a business, professional office, retail concept or gallery. Designed by Sarasota-based architecture firm Halflants + Pichette, the award-winning development features contemporary architecture, masonry walls between suites and valuable Downtown Edge zoning. Currently offered as a gray-box space, the suite is scheduled to include a new half bath, new heating, ventilation and air-conditioning system, installed fire sprinklers and 100-amp electrical service. Walls and ceilings will receive a painted finish, while the concrete floors allow the buyer to select a preferred finish and further customize the space for its commercial use. Monthly condominium fees are $480 which includes water/sewer/trash, building insurance, building maintenance and management. Street parking is available along Kumquat Court, Fourth Street, Lemon Avenue and Orange Avenue. The location provides convenient access to Citrus Square, Orange Avenue, Lemon Avenue, Boulevard of the Arts, Fourth Street and Fruitville Road, with nearby restaurants, retail, shopping, arts and cultural destinations. Whether establishing a business location or adding a commercial property to an investment portfolio, this offering provides an ownership opportunity within Sarasota’s mixed-use Rosemary Arts and Design District. The space may accommodate a range of permitted professional, retail or gallery uses, subject to applicable condominium documents, zoning regulations and governmental requirements. Contact agent to schedule a property tour and request the complete property information package.
Financial Considerations
Price:
$695,000
HOA Fee:
N/A
Tax Amount:
$5000
Price per SqFt:
$787.98
Tax Legal Description:
UNIT 102, VILLA BALLADA
Exterior Features
Lot Size:
0
Lot Features:
Central Business District, Curb and Gutters, Fire Hydrant, City Limits, Near Public Transit, Neighbourhood, Sidewalk, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
Curb Parking, None
Roof:
Built-Up, Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
Concrete
Levels:
One
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
2026
Construction Type:
Block, Concrete, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    430 KUMQUAT CT #102
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