3808 Tamiami TrlSarasota, FL 34234

  • Specialty properties
  • 9,349 SF
For Sale
$3,850,000 View listing

Property Details for 3808 Tamiami Trl

Year built
1986
Lot size
2.14 AC
Property size (Sq ft)
9,349 SF
Zone code
NT
Property type
Specialty properties
Property subtype
Schools
APN
2004-15-0052
APU
2004150052

Description

This exceptional two-story, 13,942 square-foot freestanding building sits on a 2.14-acre lot in Sarasota, Florida, boasting 277.54 feet of frontage on Tamiami Trail (US41). Its North Trail (NT) zoning offers versatile possibilities for retail, office, or other uses, including potential for residential development under proposed city codes. Located in an Opportunity Zone, this property provides significant tax advantages for the next ten years. The building offers approximately 104 parking spaces and enjoys a prime location near SRQ Airport, University Parkway, I-75 (approximately 9 miles), USF, New College, Ringling School of Art & Design, the Ringling Museum, downtown Sarasota, and St. Armands Circle. This presents a unique opportunity for developers and businesses seeking to capitalize on Sarasota's growth and strong demographics. The property's size, location, and zoning flexibility make it an attractive investment with substantial development potential. The building's existing structure provides a solid foundation for customization and expansion, catering to a wide range of commercial uses. This is a cornerstone property in a thriving area, offering significant return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,838,551
    Hospitality
    $2,600,098
    Educational
    $2,163,251
    Medical
    $2,237,648
    Retail
    $3,365,057
3808 Tamiami Trl, Sarasota, Florida

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.3684
Longitude
-82.5515
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,253
$1,285,300
$266,900
$1,552,200
-
$1,285,300
$266,900
$1,552,200

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