The Jewel - RETAIL SUITES

Retail-Commercial for Sale
Catylist Listing ID: 29919403
Property Subtypes: Street Retail
Building Status: Under Construction
Condo? Yes
Building Size (RSF): 1,481 SF
Sale Price: $875,000
Property Use Type: Vacant/Owner-User
Building Name: The Jewel
Usable Size (USF): 1,481 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2017

Overview / Comments

Suite 103 & 105 is a perfect suite that has a simply amazing presence and location. There is nothing like this in Downtown Sarasota and serves as a wonderful opportunity to enjoy incredible exposure and connectivity with the community. The suite's interior will be completed with amazing detail and very beautiful elements.

As the first major commercial/residential development constructed locally since 2007, The Jewel, is a sleek and modern silhouette at the gateway to downtown Sarasota. The Jewel blends street level retail with luxury living and separates them with an amazing floor of amenities, Hoyt emphasizes, “The Jewel has an interplay between glass and concrete. It asserts a strong connection to the ground and pedestrians…and accentuates you are part of a bay front community.”

The building’s design enables the tower’s base to interact with the street, while the tower is its own element with the sky. The glass materials intertwine the 236 foot tall structure and due to their color and translucency at the same time reflect the bay and city lines. The 18 story tower, with 19 luxurious tower residences will become the tallest building in Sarasota while The Jewel’s observation deck is slated to be the tallest north of Bonita Springs.

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2027050021
Is Condo?: Yes
Zoning: DTB - DOWNTOWN BAYFRONT
Retail Clientele: Family, Business, Traveler, Tourist, Recreation
Property Located Between: Main Street and Gulf Stream Avenue
Property Visibility: Excellent
Largest Nearby Street: Tamiami Trail
Highway Access: Tamiami Trail
Airports: SRQ
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 18
Property Condition: Excellent
Year Built: 2016
Parking Type: Surface
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,861 63,088 161,824
Median Age: 38.53 44.76 47.66
Households: 4,536 27,743 73,253
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