430 Kumquat Ct - Apartments CONDO FOR SALE


Sarasota, FL 34236- Downtown Sarasota
$695,000 USD
430 Kumquat Ct, Sarasota, FL for Sale
$695,000 USD
Apartments CONDO - FOR SALE
1/11
null | Request Cap Rate

430 Kumquat Ct
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • Street-level condominium suite with approximately 34 feet of glass frontage.
  • Located in Sarasota's walkable Rosemary Arts and Design District.
  • Downtown Edge zoning supports a variety of commercial uses.
  • Offered in customizable gray-box condition for interior buildout flexibility.
  • Situated within Villa Ballada, a mixed-use development with 22 residences above.
  • Convenient access to downtown dining, retail, arts, and cultural destinations.

OVERVIEW

Positioned within Sarasota’s Rosemary Arts and Design District, Suite 102 at Villa Ballada presents an opportunity for an owner-occupant or investor to acquire commercial space in a walkable downtown environment. The condominium suite benefits from a street-level location and approximately 34 linear feet of glass frontage, creating visibility along Kumquat Court while supporting a variety of permitted commercial uses. Offered in gray-box condition, the space allows a buyer to tailor the interior configuration to specific operational requirements. The property is located within Villa Ballada, an award-winning mixed-use development designed by Sarasota-based architecture firm Halflants + Pichette. The project includes two commercial condominium units beneath 22 residential condominiums, creating a built-in neighborhood presence while maintaining a limited commercial inventory within the development. Downtown Edge zoning further enhances flexibility for a range of commercial applications, subject to condominium documents, zoning regulations, and governmental approvals. Sarasota continues to attract business and investment interest due to its growing employment base and active downtown environment. The location provides convenient access to Orange Avenue, Lemon Avenue, Boulevard of the Arts, Fruitville Road, Citrus Square, and nearby restaurants, retail destinations, galleries, and cultural attractions. Planned improvements including a new half bath, new HVAC system, installed fire sprinklers, 100-amp electrical service, and painted walls and ceilings provide a foundation for future occupancy while allowing a purchaser to complete interior finishes according to business needs. Whether utilized as a business headquarters, professional office, gallery, or investment asset, the offering combines ownership flexibility, downtown access, and visibility within one of Sarasota’s established urban districts.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$788 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

61,817 SF

STORIES

5

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,850 SF

ZONING

DTE

APN/PARCEL ID

2026-11-9001

ASK ABOUT THIS PROPERTY

Frank LambertPremier Sothebys International RealtyMore Info

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Frank LambertPremier Sothebys International RealtyMore Info

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