For Sale 20 N Washington Blvd Contact: John B. Harshman, Broker Phone: 941-951-2002 Fax: 941-366-5818 1575 Main St., Sarasota, FL 34236 Email: [email protected] www.harshmanrealestate.com N Tamiami Trail (US 41) N Washington Blvd (US 301) Subject Interstate 75 20 N. Washington Blvd., Sarasota, FL CONTENTS Property Information Broker Notice Property Summary Aerial Photo Tax Map Survey Redacted Ardaman & Associates Phase 1 Summary Appendices Zone District Map City of Sarasota DTC Zoning Code Excerpt City of Sarasota Development Report Sarasota County Bid Contract for Sale IMPORTANT NOTICE The information contained herein, while based upon data supplied by the seller and obtained form other sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by Harshman & Company, Inc. or by any agent, independent associate or employee of Harshman & Company. Harshman & Company, Inc. (Broker) hereby notifies prospective buyers that it shall be the buyer’s responsibility to verify any and all representations made by seller and/or Broker regarding the property, its condition, improvements, utilities, zoning, insurability, conformance and/or compliance with federal, state and local laws and any and all restrictions of ingress/egress, boundaries and use. Buyer recognizes that the Broker is not an expert in legal, tax, financial, appraising, surveying, structural conditions, hazardous materials, engineering, land use or other areas. Exclusive Right of Sale Listing Harshman & Company, Inc. is the Exclusive Listing Agent for the subject property and is presenting this property to Qualified Principal Buyers with expertise in real estate investment and development. Inquiries regarding the property described herein should be directed to: John B. Harshman, Broker Harshman & Company, Inc. 1575 Main St. Sarasota, FL 34236 Phone: 941-951-2002 FAX: 941-366-5818 Email: [email protected] Property Summary Address: 20 N. Washington Blvd., Sarasota, FL 34237 Parcel ID#: 2027-01-0012 Owner: Sarasota County Description: The subject is a surface parking lot approximately .95 acres in size. Location: The subject is located at the northeast corner of the signalized intersection of N. Washington Boulevard and Main Street within the City of Sarasota “downtown core” neighborhood district. This is a historically commercial and governmental district and is a highly visible and prominent corner location. The neighborhood includes the historic Sarasota County Courthouse, Sarasota County Sheriff and jail, Center Pointe office building, movie theaters as well as other mid and low-rise office buildings. The Courthouse Centre condominiums are the only residential development in the immediate area; however, additional residential development is planned. The absorption of residential development sites west of N. Washington Blvd and the lower land values east of N. Washington Boulevard are encouraging developers to view this neighborhood for residential development. Examples of residential expansion into this neighborhood include the two townhouse developments under construction on different blocks of School Avenue and an apartment project in permitting at the former Ringling Shopping Center site which suggests an opening of the market for residential use in the neighborhood east of N. Washington Boulevard. Zoning: The subject is zoned Downtown Core (DTC) within the City of Sarasota. This is a very flexible zoning classification permitting residential to 50- units per acre, hotel, office, retail and restaurant. The height limitation is a generous 10-story limit. See zoning excerpts herein. Land Size: 41,599 +/- square feet Improvements: Paved parking lot Primary Grid Street: The subject fronts Main Street and N. Washington Blvd. Both streets are designated by the City of Sarasota as “Primary Grid Streets” which imbues additional development design and ingress/egress restrictions. Purchasers must consult the City of Sarasota zoning code for clarification. Traffic Count: FDOT average daily vehicular traffic count 31,000+ Utilities: Sarasota City water and sewer Ad Valorem Taxes: The Subject is owned by Sarasota County and therefore is immune from taxes. The current mileage is 16.102. Assessed Value: Sarasota County Property Appraiser’s taxable value - $1,905,400 Minimum Bid Terms: The following minimum bid terms must be included in the Purchaser’s bid for the bid to be considered by Sarasota County. Bid List Price: $3,100,000 (bid price must meet or exceed the bid list price) Due Diligence: Maximum of 90 days for due diligence Site Plan Approval: The bid offers a maximum of 30 days after the due diligence period for closing. Sale Process: The subject is being sold by Sarasota County pursuant to Sarasota County Ordinance No. 2016-087 and Florida Statutes 125.35. All Bids to Purchase must satisfy the minimum bid requirements listed in this Offering Memorandum to be considered by the Sarasota County Board of County Commissioners. Bids must be received by Sarasota County Real Estate Services, 1660 Ringling Blvd., Room 240, Sarasota, FL 34236, Attn: Cheri J. Ivarsson, by 5:00 p.m. on or before June 19, 2018 to be considered. For purchase contract bid details contact broker or go to: https://www.scgov.net/government/real-estate-services/surplus- lands/20-north-washington-blvd Data contained herein was obtained from reliable sources but not warranted by Harshman & Company, Inc. Buyers are responsible for completing all inspections and due diligence to verify all property information. / SCPA This map is a product of, and prepared for use by the Miles Sarasota County Property Appraiser's Office 0 0.05 0.1 No warrenties are expressed or implied / SCPA This map is a product of, and prepared for use by the Miles Sarasota County Property Appraiser's Office 0 0.05 0.1 No warrenties are expressed or implied Exhibit "A" 11..1 I LOT 4 I LOT 25 � I 2 I S.89°54'54"E.1 233.00' v gL I 0 I I 125' (P) + ..."' � I� w -/tl.,j- ::5 1; � LOT 28 LOT 27 : P.I.D. NO. 12021-01-0012 in � � i I � � i; /� j 50' (P) T 50' P) i 50' (P) j 50' (P) l...1 ... I I I I \J . CORRECTED PLAT OF GOLF COURSE HEIGHTS I� I PLAT 8001( 1, PAGE 5 I l�P I I I I 1�a LOT 2a I LOT 29 1 LOT Jo I LOT 31 1 1-g I I I I I z I I BLOCK "A" I I BLOCK "B" I I I I I L40,L I I I I 1 I I I I I I I I I I I I 50' (P) I 50' (P) I 50' (P) I 50' (P) L_! 7' '� 1 '-' _.____ I N.89"55'14"W. 233.23' i _I� CP> - 1 --t--------- MAIN STREET --------- 80' R/W PER P.B. 1, PG. 5 ABBREVIATION LEGEND R/W • RIGHT-Of-WAY sue. .. SUBDMSION P,B, • PLAT BOOK PG. • PAGE SEC. • SECTION All of Lots 26, 27, 28, 29, 30, 31 and 32, Block "A", lWP. • TOWNSHIP RNG. • RANGE CORRECTED PLAT OF GOLF COURSE HEIGHTS, according to the N.T.S. • NOT TO SCALE plat thereof recorded in Plat Book 1 , Page 5 of the Public NO. • NUMBER P.C. • POINT Of CURVATURE Records of Sarasota County, Florida. LESS Right-of-Way for \: • CENTERLINE �.R.B. • OFACIAL RECORDS BOOK U.S. 301 (Washington Blvd.) according to the State Road P,l,D. • PROPERTY tDENT1F1CATION Department Right-of-Way Map for Road No. 883, Section R.P.B. a R� PLAT BOOK S.R. • STATE R� 1702-( 102) 2104, recorded in Road Plat Book 1, Page 35 (P) • PLAT of the Public Records of Sarasota County, Florida. Containing 41,595.9 square feet more or less. SURVEYOR'S NOTES 1. BEARINGS SHOWN ARE BASED ON STATE ROAD DEPARTMENT RIGHT-OF-WAY MAP SEC. 1702-(102} 2104, RECORDED IN ROAD PLAT BOOK 1, PAGE 35 OF THE PUBLIC RECORDS OF SARASOTA COUNTY, t FLORIDA. THE EAST RIGHT-OF-WAY LINE I� OF U.S. 301 - WASHINGTON BLVD. BEING N 00·03•oo"W. 0 2 2. THIS DRAWING IS A DESCRIPTION SKETCH - ONLY AND DOES NOT REPRESENT A FIELD i• TERI S. OWEN,. COUNTY S EYOR DATE SURVEY OF THE PARCEL DESCRIBED. e PROFESSIONAL; SURVEYOR AND :MAPPER NO. 5928 3. PREPARED WITHOUT THE BENEFIT OF AN a. STATE OF FLORIDA _ I i::- ABSTRACT OF TITLE OR AN ATIORNEY'S i 1001 SARASOTA. CENTER BLVD: . 1. TITLE OPINION OF TITLE, THEREFORE, JJ SARASOTA, FLORiDA ....... __.. �4240 ANY DEED OVERLAP OR HIATUS OR ANY n•u "' RECORDED OR UNRECORDED \:f'{O� RIGHTS-OF-WAY AND OR EASEMENTS MAY NOT BE SHOWN. MAIN STREET- U.S 301(WASHINGTON BLVD.) PARCEL = 41,595.9 Square Feet ± JOB NO. DRAWN J.R.M. DATE 5-24-13 SURPLUS Phase 1 Environmental Summary The redacted excerpts from the Ardaman & Associates, Inc. phase 1 environmental report contained herein was provided by a previous contract purchaser, name redacted, and is intended only as an assistance to any interested purchaser of the subject property. The buyer remains solely responsible for verifying any information contained herein and neither the seller nor its agents warrant the correctness of the Ardaman & Associates, Inc. phase 1 environmental report. J Sarasota Sarasota O H N R I N G L I N Bay Bay G B L V D RMF-5 G SUNSET DR WATERGATE DR CARLTONDRIVERITZ G map formap exact zoningdistrict boundaries. purposes. seeofficial Please zoning Note: Mapprovided for informational EL VERNONA AVE 0 500 1,000 250 N TAMIAMI TRL CI NT ® B NT L F V R D 2 1 U 5 G 4 N S O T I T U T D C-CBD T H H F L V 9 S F S S I T S T L S T T T H T H L T RMF-3 E R E S E A R T Feet A C R O D M CO N A NU T T A A S G P VE V A COCOANUT AVE E L M M A A Y V E L T N A M I A FLORIDA AVE 1 M ST 7TH M 0 I T T A R IN H A I S S L T T M I R A CENTRAL AVE M A R C-CBD CND C T - 3 F M M R G C 9 A T N H S Downtown Zone Districts COHEN WAY H S OP S T G S Q G P A L M A V E LEMON AVE CI CRT MCI S RMF-4 P I N S C R M F ST DOLPHIN 1 - E CG 1ST ST 1ST O A RMF-4 T R KUMQUA P T CT A P A O L K E I MOUND ST MOUND T A LAUREL ST S V E 09/07/2005