119 Tamiami Trl Nokomis, FL 34229
Beachfront Multifamily Redevelopment Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 23-unit apartment conversion opportunity with select kitchenettes and one full kitchen.
- Value-add opportunity: 23 units in 5 buildings on 1.21 acres.
- Currently operating as a limited-service motel; previously planned for conversion to a mental health facility.
- Solid masonry construction with updated PVC plumbing (2016).
- Extensive interior and exterior improvements completed in 2016 and 2019.
- Large area for additional parking or amenities.
Property Details for 119 Tamiami Trl
- Property type
- Apartment buildings
- Square Feet
- 8,376 SF
- Class
- C
- Buildings
- 5
- Stories
- 1
- Lot Size (sq. ft)
- 52,708 SF
- Units
- 23
Location Insight
- City
- Nokomis
- County
- Sarasota
- State
- Florida
- Latitude
- 27.12634260796
- Longitude
- -82.454185092456
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Beachfront Multifamily Redevelopment Potential
- Where is the apartment building located?
- The property is located at 119 Tamiami Trl Nokomis, FL.
- What is the asking price?
- The asking price for this property is $3,250,000.
- What are key features of this property?
- This property features: 23-unit apartment conversion opportunity with select kitchenettes and one full kitchen.; Value-add opportunity: 23 units in 5 buildings on 1.21 acres.; Currently operating as a limited-service motel; previously planned for conversion to a mental health facility.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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