2062 5th St

Multi-Family

2062 5th St, SarasotaFL 34237

Property Details

Location

Address
2062 5th St, SarasotaFL 34237
County
Sarasota
Submarket
Sarasota
Parcels
2028120078
In Opportunity Zone
Yes

Building Size

Building Size
1,764 SF
Rentable Space
1,503 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
2
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
Year Built
1965
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.23 Acres
Land (SF)
10,019 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
DTN
Lot Depth
100 ft
Lot Width
100 ft

Contacts

Current Listings

Duplex - Multi-Family - Lot Size 10,000 SQ FT

1,503 SF$485,000

DUPLEX - Multi-Family Income Producing Property. Zoned DTN - Per the City of Sarasota. "The Downtown Neighborhood District is primarily residential but also allows for a mixture of land uses. See Attached for Residential Structure Types Allowed in Downtown Zones. Flood Zone X - Rental rates in this area are "substantially" higher than the rents charged at this Duplex because it needs extensive updates. NEW ROOF - January 2022. Each side has separate electric/water. Walking Distance to Downtown Main Street, Shopping, Restaurants, and Theaters. Close to bus routes, the airport, I-75, Lido Beach, Siesta Key, Ringling Museum and the UTC Mall. This property is perfect for development.

DUPLEX - Multi-Family Income Producing Property. Zoned DTN - Per the City of Sarasota. "The Downtown Neighborhood District is primarily residential but also allows for a mixture of land uses. See Attached for Residential Structure Types Allowed in Downtown Zones. Flood Zone X - Rental rates in this area are "substantially" higher than the rents charged at this Duplex because it needs extensive updates. NEW ROOF - January 2022. Each side has separate electric/water. Walking Distance to Downtown Main Street, Shopping, Restaurants, and Theaters. Close to bus routes, the airport, I-75, Lido Beach, Siesta Key, Ringling Museum and the UTC Mall. This property is perfect for development.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: MFCRE

More Information

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