2500 10th st - Specialty FOR SALE


Sarasota, FL 34237- Downtown Sarasota
$1,900,000 USD
941-284-1059
2500 10th st, Sarasota, FL for Sale
$1,900,000 USD
Specialty - FOR SALE
1/1
null | 16.42% Cap Rate

Dec '25


2500 10th st
Sarasota, FL 34237
Downtown Sarasota


HIGHLIGHTS

  • A few blocks from Orioles Stadium
  • About 20 minutes from the beach and St. Armand's Circle
  • Perfect for a business to move into
  • Excellent for an investment property with lots of growth potential

OVERVIEW

NOI is based on highest and best use of property; It is projected to be able to have 13 units placed on the property, rent is compared to be $2000 a month. These units could house more than one family. NOI could be much higher. Zoned RMF3. Has been operating as a preschool since 2007. New Roof and asphalt 2024 3 A/C units in main are approximately 5 years old. This also could be a great development opportunity. You will need to check with all the city zoning/permitting requirements. Current building is Has a conditional use to be a pre-school, grade-school, or state college. Total lot size, .88 acres. Building size, 4,435 sqft

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

16.42%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renaissance Preschool

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

RMF3

APN/PARCEL ID

1031-97-8973

ASK ABOUT THIS PROPERTY

Brandon BolestaMRG Realty Partners, LLCMore Info
941-284-1059

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Brandon BolestaMRG Realty Partners, LLCMore Info
941-284-1059

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.