$4,900,000

400 N Tamiami Trail

SARASOTA FL, 34236

Description

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.

Details

MLS#A4461221
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year1955
Days On Site94

Features

SQ Feet6,097
Story(s)2
Units18
ZoningDTB

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Area Information

StateFL
CountySarasota
CitySARASOTA
Zip Code34236
Area34236 - Sarasota
Listing VS Median (in 34236)
Price:
$4,900,000
low | high
Med:
$639,495
100% of Average
SqFt:
6,097
low | high
Med:
1,939
100% of Average
$ / SqFt:
$804
low | high
Med:
$358
100% of Average
On Site:
94
low | high
Med:
75.500000
100% of Average
Listing Updated: 05/30/2020
MLS Number: A4461221
Listing Provided By:
Robert T Anderson  of  RE MAX ALLIANCE GROUP

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