For Sale
$3,850,000

3808 Tamiami TrlSarasota, FL 34234

Prime Tamiami Trail location, 13,942 SF building, 2+ acres

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Sarasota property offers a 13,942 square foot, two-story freestanding building situated on a generous 2.2+ acre lot (93,218 sq ft) with 277.54 feet of frontage on the bustling Tamiami Trail (US 41). The property is zoned CG, allowing for a variety of uses, including retail, office, and multifamily. Originally constructed in 1986, the building presents a significant opportunity for redevelopment or repurposing. The site's location within an Opportunity Zone offers substantial tax advantages. Currently, there are 77 existing residential units, with potential for significant increases under SB 102 or the city's proposed code 308. The expansive lot provides ample space for development, landscaping, and outdoor amenities. Its prime location near the Ringling Museum, University of South Florida, New College, and Ringling School of Art & Design, along with nearby amenities such as Walmart and CVS, ensures high visibility and accessibility. The property also benefits from its proximity to SRQ Airport, I-75, downtown Sarasota, and St. Armands Circle. The asking price is $3,850,000, with a price per square foot of $276.14. The property includes approximately 104 parking spaces. The APN is 2004150052.

Highlights

  • 13,942 SF two-story building on a 2.2+ acre lot.
  • 277.54 feet of frontage on Tamiami Trail (US 41).
  • CG zoning allows retail, office, and multifamily uses.
  • Opportunity Zone designation offers tax advantages.
  • 77 existing residential units with redevelopment potential.
  • Prime location near major attractions and amenities.

Property Details for 3808 Tamiami Trl

Property type
Retail properties, Office properties
Square Feet
13,942 SF

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.3684514
Longitude
-82.5515963
3808 Tamiami Trl, Sarasota, Florida

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3808 Tamiami Trl
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