DOWNTOWN SARASOTA TAMIAMI TRAIL LAND

Hospitality for Sale
Catylist Listing ID: 30763944
Property Subtypes: Chalet, Extended Stay, Hostel, Hotel, Inn, Spa, Other
Number of Units: 16 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 15,450 SF
Sale Price: $3,999,000
Unit Price: $249,937.50 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Attention Developers and Corportate CEO's. This Prime Real Estate is directly adjacent to the new Sarasota Bayfront Redevelopment. This property is the gateway to Downtown from the North and ideally located for a boutique hotel, upscale condominium, corporate office headuarters, retail or mixed use to name a few. This property is currently zoned NT which allows for Hotel. Future land use is RSF4 & RSF5. This high and dry lot is 123' x 131' with a single curb cut. This parcel has HUGE benefits as this property is in an Opportunity Zone. LET'S MAKE A DEAL!! MAKE AN OFFER TODAY!! Rob Wilhoit 941-929-6176

see the Sarasota Bayfront Redevelopment Master Plan below

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

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 2007090002
Zoning: NT
Property Visibility: Excellent
Largest Nearby Street: US HWY 41 Tamiami Trail
Feet of Frontage: 123
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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