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400 N Tamiami Trl, Sarasota, FL – $4,900,000

  • $4.9M Price
  • 6,097 Sqft
  • .24 Acres
  • 98 DOM
  • $4.9M Price
  • 6,097 Sqft
  • .24 Acres
  • 98 DOM

400 N Tamiami Trl

SARASOTA - DOWNTOWN - DEVELOPMENT OPPORTUNITY - ZONING = DOWNTOWN BAYFRONT (DTB – 18 Stories); If you desire to participate in the growth of one of Florida's Top West Coast Cites you have arrived at the right Sarasota property. This property encompasses 21,000 SF of land which allows for 18 story mixed use development under the very lucrative downtown bay-front zoning. This zoning has many features which include but are not limited to transient use, residential use, office use, retail use or any combination thereof. The photo's / drone virtual tours in this listing say it all. Many new developments in the area are completed, in process, or are approved and planned to start shortly. Close to the all the famous Sarasota Beaches (Siesta Key / Lido Beach), Downtown Sarasota Shopping, Sarasota Airport, the up and coming redeveloped “Sarasota Bayfront Property” budgeted to cost an estimated $300MM as well as the newly developed Sarasota Quay Development just across the street. If needed the current structures could be updated and rented to support carry until developed (18 rental units). We look forward to your inquiries and visits.

Essential Information

  • MLS® #A4461221
  • Price$4,900,000
  • Bathrooms0.00
  • Square Footage6,097
  • Acres0.24
  • Year Built1955
  • TypeCommercial
  • Sub-TypeHotel/Motel
  • StatusActive
  • Taxes$22,777
  • CDDN

Community Information

  • Address400 N Tamiami Trl
  • AreaSarasota
  • SubdivisionPlat Of Sarasota Exhibit
  • CitySarasota
  • CountySarasota County
  • StateFL
  • Zip Code34236

Amenities

  • GaragesUnder Building Parking

Utilities

Electricity Available, Natural Gas Available, Other, Phone Available, Public, Sewer Nearby, Water Connected, Water Nearby

Features

Activity Core/Center, Sidewalk, Curbs

Parking

19 to 30 Spaces, Other, Curb Parking

View

Corner Lot, Fire Hydrant, Flood Insurance Required, FloodZone, In City Limits, Other, Oversized Lot, Sidewalk, Street Lights, Street Paved, Waterfront

Interior

  • # of Stories2
  • StoriesTwo

Interior

Carpet, Ceramic Tile, Linoleum, Other, Tile, Concrete

Appliances

Cooktop, Dishwasher, Dryer, Electric Water Heater, Other, Washer

Heating

Central, Electric, Heat Pump, Other, Wall Units / Window Unit

Cooling

Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)

Exterior

  • Lot Description1/4 Acre to 21779 Sq. Ft.
  • RoofMembrane, Other, Shingle, Tile
  • FoundationCrawlspace, Slab

Exterior

Block, Brick, Other, Siding, Stucco

Exterior Features

Mature Landscaping, Trees/Landscaped

Pet Information

  • Pets AllowedN

Additional Information

  • Days on Market98
  • ZoningDTB

Listing Details

  • OfficeRe/max Alliance Group
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Re/max Alliance Group.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 28th, 2020 at 5:00pm EDT.