830 Central Ave, Sarasota, FL 34236

❖ Owner is open to Seller financing!

❖ Rosemary Ranch & Village is one-of-a-kind property in the dynamic

Rosemary District and an amazing opportunity in downtown

Sarasota. With its historic charm, urban energy and proximity to

beautiful Sarasota Bay, the rapidly developing Rosemary District has

become a sought-after downtown neighborhood, with hundreds of

new luxury apartments and condominiums, trendy restaurants and

boutiques, nonprofits and art galleries.

❖ In Rosemary Square and adjacent to Downtown Sarasota & the

Bayfront sits Rosemary Ranch & Village, a vision of four buildings

which are all on the local historic register and the surrounding

courtyard gardens which also include a large parking lot.

The property is currently home to 10+ units, and the buildings and

gardens have been consistently maintained by its current owner. A

private tropical oasis situated in a downtown area that is being

gentrified and renovated with new and luxury properties all around

this asset.

❖ Rosemary Ranch & Village is zoned DTE in the Downtown Overlay

district (Downtown Edge - zoning overview included in full OM) with

the Rosemary Overlay District Zoning, which includes mixed-uses

and increased density. The owner is retiring; new owners can

continue operating it as an investment property as there is true

upside available and there are some additional interesting and

unique options that are possible moving forward, which are detailed

in the following information and future discussions.

❖ These are the current structures on the property.

(Rosemary Ranch & Village Buildings)

The Fisher House (830)

The Fisher Annex (820)

The Burket House (810)

The Mason House (800)

Included in this offering memorandum are some details on being on

the local historical registry and highlighting the structures and

addresses of the these properties on the local registry.

The city of Sarasota may be interested in working with property

owners where historical structures could be relocated and this

property may allow for that, which would likely improve the cash

flow, general environment, may allow for utilization of tax credits and

create a stronger pulse of activity and hidden enjoyment onsite.

❖ Rosemary Ranch & Village is located in the TDR zone (Transfer of

Development Rights) and a map of that zone and some literature

specific to that are included within this OM.

The potential to transfer the development rights may offer some

substantial impacts to the property and owner of Rosemary Ranch &

Village.

All of this information should be double checked and confirmed with

the appropriate sources.

❖ There are redevelopment possibilities that exist as well, which may

include lot splitting, acquisition of the corner parcel and working with

planning and development in the City to strategize and approve a

new future for the property.

❖ The city of Sarasota owns the adjacent parcel located at the corner

of Central Ave & 9th st which is currently used as a Auxiliary

Facilities department.

❖ SSAS (Sarasota School of Arts & Science) recently (2024)

purchased the building located at 741 Central Ave (across the street

from the SW corner) for $5.5m which included 8,955 SF building and

just under 1 acre of DTE zoned land.