Catylist ID:
#30713623
Belle Haven
Special Purpose
for Sale
Also listed as Office, Retail-Commercial
| Catylist Listing ID: | 30713623 |
| Building Size (RSF): | 18,171 SF |
| Gross Building Area: | 20,605 SF |
| Sale Price: | $12,500,000 |
| Property Use Type: | Vacant/Owner-User |
| Usable Size (USF): | 18,171 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/3/2023 |
Overview / Comments
|
This is The historic and iconic free-standing building in the City of Sarasota known as the Belle Haven. Since its completion in 1926, it has been a hotel, an office, and an apartment building. Many Sarasotans still residing in the area have called this beautiful building their home or place of work. The building has been meticulously rehabilitated to its current condition to pass along to the next fortunate owner. Due to its Downtown Bayfront zoning (DTB), the building affords the buyer the ability to use it as another hotel, professional office, multifamily residential, restaurant, retail, mixed use, or even a private residence. Please call, text or email us for more information or a personal tour. |
Additional Details
| Nearest MSA: | North Port-Sarasota-Bradenton |
| County: | Sarasota |
| Tax ID/APN: | 2009160010 |
| Zoning: | DTB - DOWNTOWN BAYFRONT |
| Property Located Between: | Located in the center of the Quay Development Site flanked by the Ritz Residences and the Hyatt Hotel. Access is via the Fruitville Rd roundabout from the south or Blvd of the Arts from the north. |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Fruitville Road |
| Highway Access: | I-75 |
| Airports: | SRQ |
| Site Description: | The Belle Haven sits in the center of the Quay Development Site. Its is a 15 acre block plan that currently includes the new Ritz Residences condominium tower. Other projects in various development stages include the high-end mixed-use Lennar apartment building to face US 41 to the south of the Fruitville Rd roundabout. And the pre-construction sales of the Bayso condominium tower by Kolter to be located to the south of the roundabout. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 3 |
| Property Condition: | Fair |
| Year Built: | 1926 |
| Year Renovated: | 2020 |
| Exterior Description: | Due to years of neglect, the Belle Haven needed to be rehabilitated to its current beautiful condition utilizing 2017 Florida building codes. The main entry is a walnut stained solid mahogany with French style framed glass. All of the secondary exterior entryways have received new impact resistant aluminum framed doors. All of the windows have been replaced in their original rough openings with new PGT 150 MPH impact resistant glass within frames specifically designed to best match the original windows. The balcony fire escapes have been restored but are not functional in nature. The stucco has been cleaned and repainted to the last color when the rehab began. The new roof is a single ply membrane over new insulation accented by new terra cotta tiles. |
| Parking Type: | Surface |
| Interior Description: | Due to the building's historical nature, it has been completely rehabilitated for modern conventional use. The southern third of the ground floor has been improved with two ADA restrooms, ducted HVAC, CAT 5 internet wiring, office lighting and floating floor tiles. The remaining spaces remain grey shell and have all mechanical, electrical and plumbing in place or stubbed for future completion. All life safety systems, ie fire alarm and hydraulic fire sprinklers in place. a new ThyssenKrupp Endura A elevator has been installed in a new modified shaft to accommodate an ADA level rear intermediate stop door. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 11,883 | 68,761 | 153,105 |
| Median Age: | 51.04 | 44.48 | 48.2 |
| Households: | 5,831 | 30,391 | 70,278 |
Contact
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Moody's assume any liability for errors or omissions. |
