1542 4th STREET, #112, Sarasota, FL, 34236 | $450,000

Retail/commercial office condominium suite in a prime location in downtown Sarasota with street-side access, and this is the last one available. Seller wishes to lease back property for $1/month for 9 months. Please note that the interior photos of this space are setup as a temporary construction office and not a finished space. The half bath is finished, the electrical service panel is in place and operational, the ceilings and walls have been painted. A completed heating and A/C system are also in place and operational. This is Zahrada, the Czech word for garden, and is an urban yet secluded tropical enclave in Sarasota’s historic, eclectic downtown Rosemary District. This modern-designed, mixed-use condominium project comprises six professional retail spaces below the six residences. Created by local, award-winning Rosemary District architects, Halflants + Pichette, these rarely available new construction retail/office spaces offer incredible contemporary styling and masonry walls between suites. Ready to be customized to the buyer’s needs. New concrete floors are ready to receive the buyer’s desired finish. Monthly fees are low at $416/month. Abundant street parking is available on 4th Street, Lemon, Orange Avenue and Kumquat Avenue. You are right around the corner from Orange Avenue, Lemon Avenue and Fruitville Road, other retail and commercial enterprises, as well as traffic to Whole Foods, the farmers market, restaurants and shopping, and arts and cultural theater districts. With recently completed apartment living, there are 1, 800 new residents in Rosemary District alone, just waiting to visit your new place of business, art gallery or retail business. Contact the agent to receive a full info package and to see retail/commercial space.

Features

  • Property Type: Business
  • Construction: Concrete
  • Utilities: Public
  • Garage: Curb Parking
  • Cooling: Central Air
  • Units: 1
  • Year Built: 2021
  • Approx Sq. Feet: 946
  • Est. Taxes: $4,382
  • Condo Fee: $319 Monthly
  • Lot Desc: Central Business District, Historic District, Near Public Transit, Neighbourhood, Retail Condo, Sidewalk, Street Lights
  • Pet Policy: Yes - See Condo Docs
  • MLS#: A4621884
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /prop/A4621884/15424thstreet_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/23/2024 12:58:17 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-364-4000

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1542 4th STREET, #112, Sarasota, FL, 34236

$450,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $365 $365 $365
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,425 $2,393 $3,036
Total Monthly Payment $2,865 $2,833 $3,476

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.