430 Kumquat Court Unit 102, Sarasota, FL 34236

$695,000
882
SqFt

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List Price
$695,000
Status
ACTIVE
Days on Market
1
MLS#
A4702786
Subtype
Commercial Sale
Style
One Story
Year Built
2026
Living Area
882
Subdivision
Villa Ballada
MLS Area Major
Sarasota

Property Description

Last opportunity to acquire a commercial/retail space in Sarasota’s walkable Rosemary Arts and Design District with the prospect of owning rather than leasing commercial space in this active downtown setting. Now available, this 882-square-foot retail and commercial office condominium suite at Villa Ballada offers street-level access, prominent visibility and the flexibility to customize the space for its intended use. MOST IMPORTANTLY: SARASOTA’S OFFICE MARKET EARNS NATIONAL SPOTLIGHT: 1. Sarasota ranked #2 out of Top 50 US Markets! 2. LOOPNET says – Sarasota Market offers strong underlying demand to offset its tighter asset pool. 3. Sarasota job market growing faster than all but 2 of the 49 markets studied , driving long term demand for office space. 4. Strong job growth, Quality Buildings, and Limited Supply drives Long Term Demand for Office Space. Source: LOOPNET: “Best Cities for Office Investing in 2026”, Sarasota Magazine and Business Observer Villa Ballada, Czech for “House of Harmony,” is a modern mixed-use condominium development featuring two professional retail spaces beneath 22 residences. The suite features approximately 34 linear feet of glass frontage, providing substantial street exposure for a business, professional office, retail concept or gallery. Designed by Sarasota-based architecture firm Halflants + Pichette, the award-winning development features contemporary architecture, masonry walls between suites and valuable Downtown Edge zoning. Currently offered as a gray-box space, the suite is scheduled to include a new half bath, new heating, ventilation and air-conditioning system, installed fire sprinklers and 100-amp electrical service. Walls and ceilings will receive a painted finish, while the concrete floors allow the buyer to select a preferred finish and further customize the space for its commercial use. Monthly condominium fees are $480 which includes water/sewer/trash, building insurance, building maintenance and management. Street parking is available along Kumquat Court, Fourth Street, Lemon Avenue and Orange Avenue. The location provides convenient access to Citrus Square, Orange Avenue, Lemon Avenue, Boulevard of the Arts, Fourth Street and Fruitville Road, with nearby restaurants, retail, shopping, arts and cultural destinations. Whether establishing a business location or adding a commercial property to an investment portfolio, this offering provides an ownership opportunity within Sarasota’s mixed-use Rosemary Arts and Design District. The space may accommodate a range of permitted professional, retail or gallery uses, subject to applicable condominium documents, zoning regulations and governmental requirements. Contact agent to schedule a property tour and request the complete property information package.

Additional Information

Financing
Cash
Location
Central Business District, Curb and Gutters, Fire Hydrant, City Limits, Near Public Transit, Neighbourhood, Sidewalk, Paved
Community Features
Curbs, Sidewalks, No Deed Restriction
Property Description
One Story
Zoning
DTE
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Levels
One
Roof
Built-Up, Membrane
Foundation
Slab, Stem Wall
Parking
Curb Parking, None
Parking Features
Curb Parking, None
Garage
None
Garage Features
Curb Parking, None

Listing courtesy of PREMIER SOTHEBY'S INTERNATIONAL REALTY. 941-364-4000

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