Land•Multifamily•For Sale

Sarasota Tamiami Trail Development Opportunity

4501 Tamiami, Sarasota, Florida 34234

Sale Price $2,250,000
Sale Type Development
Zoning NT
Annual Taxes $14,477.00
Land Area 2.17 Acres
Improvements Vacant and cleared.
Land Use Multifamily, retail, or office
Market Sarasota
Sub-Market SW Florida
Legal Descr COM AT NE INTRS OF 42ND ST & SARASOTA AVE TH N ALG E LINE OF SAID SARASOTA AVE 591.5 FT FOR POB TH CONT N ALG SAID E LINE OF SARASOTA AVE 172.3 FT TH ELY & PARALLEL TO 42ND ST 365.8 FT TO W LINE OF COM AT NE COR 42ND ST & SARASOTA AVE TH N 478 FT FOR POB TH CONT N 113.5 FT TH E 419.84 FT TH SE 119 FT TH W 455.5 FT TO POB LESS W 160 FT THEREOF & LESS R/W FOR TAMIAMI TR JOHN PHILLIPS REPLAT W
2.17 Acre infill site directly fronting Tamiami Trail (US41). NT Zoning allows for Multifamily, Hospitality, Retail, and Office Use. Land is cleared and ready for development. The site is situated along Tamiami Trail fronting the Indian Shores Subdivision. Approximately 3 miles north of Downtown Sarasota and 1.5 miles from Sarasota-Bradenton International Airport.
  • Potential for Up to 75 Multifamily Units
  • Cleared Infill Site
  • US 41 Frontage
  • 32,500+ AADT
2/24/2020 3:13:55 PM 5/28/2020 9:26:07 AM
Mike Migone
Senior Investment Advisor
SVN Commercial Advisory Group
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