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430 KUMQUAT COURT UNIT 102

Commercial For Sale
$695,000

BTC: 9.08496732

ETH: 289.58333333

5 days
0 room(s)
882 sqft

Overview

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 due to be completed in November, 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 & 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.

Location

Details

Type:
Commercial Sale
Parking:
Curb Parking / None
Year Built:
2026
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$788
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$363K – $647K
Confidence Low
List vs. estimate
$245K above estimate
List $695,000 · +54.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$787
+95.9% vs. city median $402
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,000
2026
Pets
Allowed
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

  • Parking

    • Curb Parking

    • None

    Property

    • Levels: One

    Other Property Information

    • Parcel Number: 2026119001

    • Zoning: DTE

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Business

  • Utility

    • BB/HS Internet Capable

    • Electricity Available

    • Phone Available

    • Public

    • Water Connected

    Green energy

    • Doors

    • Windows

  • Other financial information

    • Annual tax amount: $5,000

  • Source details

    • MLS ID: A4702786

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab / Stem Wall

    • Lot Features: Central Business District / Curb and Gutters / Fire Hydrant / City Lot / Near Public Transit / Neighbourhood / Sidewalk

    • Window Features: Aluminum Frames / Double Pane Windows / ENERGY STAR Qualified Windows / Insulated Windows / Thermal Windows / Tinted Windows

    • Direction Faces: West

    • Living Area: 882

    • Water Source: Public

    • Subdivision Name: VILLA BALLADA

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PREMIER SOTHEBY'S INTERNATIONAL REALTY