430 Kumquat Ct #102, Sarasota, Florida
List Price: $695,000
MLS Number: A4702786
Subdivision: Villa Ballada

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.