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$6,300,000
777 S Palm Ave, Sarasota, FL 34236
0 Beds
0 Baths
10,000 SqFt

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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!
  • Price:
  • $6,300,000
  • Square Footage:
  • 10,000
  • Acreage:
  • 0.55
  • Year Built:
  • 1968
  • Listing ID #:
  • MFRA4523801
  • Street Address:
  • 777 S Palm Ave
  • City:
  • Sarasota
  • State:
  • Florida
  • Postal Code:
  • 34236
  • County:
  • Sarasota
  • Community:
  • Sarasota
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Condition:
  • Completed
  • Construction Type:
  • Block
  • Foundation:
  • Stem Wall
  • Stories:
  • Two
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 10000
  • Year Built:
  • 1968
  • Conforms To Zoning:
  • Dte
  • Federal Flood Zone:
  • Ae
  • Lot Features:
  • Corner Lot, City Limits, Street Lights, Paved
  • Lot Square Footage:
  • 24000
  • Road Frontage Type:
  • City Street
  • Road Type:
  • Paved
  • Total Number Of Lots:
  • 1
  • Vegetation:
  • Trees/Landscaped
  • Days On Market:
  • 190
  • On Market Date:
  • 2022-02-02
  • Originating Mls:
  • Mfrmls
  • Previous Listing Price:
  • 6700000
  • Terms:
  • Cash, Conventional
  • Ownership:
  • Partnership
  • Property Taxes:
  • $25,670
  • Tax Year:
  • 2021
  • Parking Description:
  • Parking Spaces - 19 To 30, Common
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Public
  • Water Name:
  • Gulf Of Mexico
  • Water View:
  • 1
  • Water View Description:
  • Bay/Harbor - Full, Gulf/Ocean - Partial
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By COLDWELL BANKER REALTY
  • © 2022 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.
    The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
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