DOWNTOWN SARASOTA TAMIAMI TRAIL LAND

Multi-Family for Sale
Catylist Listing ID: 30763944
Property Subtypes: Mid-Rise, Mixed Use, Senior Living, Other
Number of Units: 14 Units
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 15,450 SF
Sale Price: $3,600,000
Unit Price: $257,142.86 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/5/2021

Overview / Comments

This is the ONLY available property along 41 in Downtown Sarasota. This property is directly adjacent to the new Sarasota Bayfront Redevelopment. This property is currently zoned NT which is not congruent to the Cities Future Land Use. That use is RMF4 and RMF5. This high and dry lot is 123' x 123' with a single curb cut. This is a Developers Dream. Unobstructed bay views without the expense of building in the V zone. On top of all that sweetness, there are HUGE benefits investing in this property as it is in an Opportunity Zone. Call me today, this little gem will not last long.

see the Sarasota Bayfront Redevelopment Master Plan below

https://www.sasaki.com/projects/the-sarasota-bayfront-master-plan/

Attachments & Media

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2007090002
Zoning: NT
Highway Access: US HWY 41 Tamiami Trail
Airports: SRQ
Area Description: Downtown Sarasota Bayfront
Zoning Description: NT with Future Land Use RMF4 & RMF5
Lot Frontage: 123
Lot Depth: 123
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,107 64,130 153,867
Median Age: 41.21 44.33 48.14
Households: 5,094 28,080 70,221

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