530 S Orange Ave - Office/Residential FOR SALE


Sarasota, FL 34236- Downtown Sarasota
$8,500,000 USD
941-812-6090
530 S Orange Ave, Sarasota, FL for Sale
$8,500,000 USD
Office/Residential - FOR SALE
1/47
null | Request Cap Rate

NEW


530 S Orange Ave
Sarasota, FL 34236
Downtown Sarasota


HIGHLIGHTS

  • Historic, Iconic

OVERVIEW

The Historic Pineapple Apartments, the centerpiece of Burns Square. This building has deep ties to Sarasota history, built by Owen Burns (our city's first developer) in 1925. Last purchased in 1986, you will never walk a more curated and cared-for building. It's a step back into the Roaring '20s and a modern-day reminder that community is local. At one time an apartment building, it now serves as a thriving vacation rental. It has 8 suites (could be 13), 7 retail shops below, and a 3,000 sq ft owner's suite. Wrought-iron balconies align the exterior walls, Venetian plaster the interiors, multiple exposed beams, and a historical monument next to the fountain at Little Five Points. It's Sarasota's "Flatiron Building," triangulated architecture, impossible to go unnoticed. It is the entrance to downtown from the south, a beacon, a landmark for our great city.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$1,097 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Historic Pineapple Apartments

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

DTC

APN/PARCEL ID

2027-14-0020

ASK ABOUT THIS PROPERTY

Jason SkowronskiCompassMore Info
941-812-6090

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Jason SkowronskiCompassMore Info
941-812-6090

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