1565 State Street Sarasota, FL 34236
PRICED AT $5,900,000
Listing Details
- $5,900,000
- MLS# A4683759
- Type Commercial -
- Status Active
- 13,076 Square Feet
- 0.360 acres Lot Size
- 1921 Year Built
Description
Large parcel in the heart of dowtown, with 15 on site parking paces (incredibly rare) and a city parking garage directly across the street.The 13,000 SF building has been gutted and is ready to be finished off or re developed. Zoning is DTC (Downtown Core) allowing 10 stories at 50 units per acre or 18 residential units. Density Bonus: The City of Sarasota, to encourage Attainable Housing, has created an Attainable Housing Density Bonus AHDB entitlement option for DTC, DTB and DTE zoned properties. The AHDB offers up to 4-times the entitled residential density provided 15% of the 'bonus units are 'attainable. Base residential density for...read more
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