Sold

15 DADE AVE

SARASOTA FL, 34232

$650,000


$147.46 per sqft

Sold

12 Beds

5 Baths

4,408 sqft

Residential

Built in 1957

We are offering a vacant 24-bed ALF that was previously rented by an operator. The operator will vacate and the building will be delivered vacant. The properties consist of (2) 12 Bed adjacent ALF's that function as a single facility for operational purposes with a large shared courtyard in which residents from either building can access.

The tenant operated the facilities for 10 years but will be vacating the property for a new potential operator. Both properties have Fruitvale Road frontage.

The sale is being offered in the following configurations:

- 15 Dade Ave, Sarasota, FL 34232 - 12 Beds & 5 Baths - 4,072 HSF & 4,408 Gross SF - .41 (+/-) Acres - $650,000

- 16 St Lucie Ave, Sarasota, FL 34232- 7 Beds & 4 Baths - 3,420 HSF & 3,760 Gross SF - .42 (+/-) Acres- $550,000

- Both properties 15 Dade and 16 St. Lucie - 18 Beds & 9 Baths - 7,492 HSF & 8,168 Gross SF - .83 (+/-) Acres - $1,200,000

HIGHLIGHTS:
- Opportunity to establish a new 24-bed Assisted Living Facility in Sarasota, FL
- Great visibility and frontage on Fruitvale Road
- Future Land Use: COI - Community Office/Institutional
- 18 beds and 9 baths between the two adjacent properties
- Being offered for sale at the Value Add Price

O6036986

MLS ID

June 23, 2022

Listed

March 22, 2024

Updated

Map

15 DADE AVE
SARASOTA FL, 34232

Interior Features

Total Stories

1


Bedrooms

12 Beds


Bathrooms

5 Baths


Interior Features

Other


Appliances

Other


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.41 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

34232 - Sarasota/Fruitville


Taxes

$5,346


Tax Frequency

Annually


Days on Market

64


Garage

No


View

No


County

Sarasota


Water Source

None


Pool

No


Zoning

RSF2


Buyer Agency Compensation

2%-$299

Listed by Sheryl Stockstill, with KELLER WILLIAMS REALTY AT THE PARKS
Listing Contact: 407-629-4420 

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Data last updated 3/22/2024, 6:42 AM UTC

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