1322 Tamiami Trail, SARASOTA, FL 34236
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- MLS#: A4627132 ( Commercial Sale )
- Street Address: 1322 Tamiami Trail
- Viewed: 76
- Price: $2,740,000
- Price sqft: $626
- Waterfront: No
- Year Built: 1933
- Bldg sqft: 4376
- Days On Market: 252
- Additional Information
- Geolocation: 27.35 / -82.5467
- County: SARASOTA
- City: SARASOTA
- Zipcode: 34236
- Subdivision: Valencia Terrace Rev
- Provided by: PREFERRED SHORE LLC
- Contact: Carol-Ann Warr
- 941-999-1179
- DMCA Notice
-
DescriptionDiscover a rarely available gem located at the gateway to downtown Sarasota. The historic Reserve Retreat is positioned with prime visibility in the vibrant downtown arts district. Set on a 0.26 acre lot with frontage along North Tamiami Trail/US41 as well as along 14th Street, this property is Urban Mixed Use NT (North Trail) and offers exceptional potential for a live work situation or a host of other opportunities with its unique blend of 3 freestanding Mixed Use buildings. Current income streams include 6 beautifully appointed en suite hotel rooms (3 with kitchens) a lively caf, and a restaurant tenant, all centered around a charming al fresco courtyard, and the property comes with two 2COP Beverage licenses. Building One is 2,080 sq. ft. with a tenant occupied ground floor (including kitchen and half bath) and 2 upstairs rooms with private baths; Building Two has 1,240 sq. ft. featuring a ground floor caf and half bath, plus 2 additional upstairs rooms with baths; and Building Three is 960 sq. ft. with 2 en suite rooms and an attached laundry area. All new roofs! The Reserve Retreat is minutes from stunning beaches, theaters, museums, galleries, and more, and is only 3 miles from the Sarasota/Bradenton International Airport. This is an exciting opportunity for those seeking a beautiful property with endless possibilities.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Ductless
- Other
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Flooring
- Other
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- LOTS 3 & 4 LESS ROW TO STATE RD DEPT BLK B REV PLAT OF VALENCIA TERRACE
Levels
- Two
Living Area
- 4280.00
Lot Features
- Corner Lot
- Historic District
- City Limits
- Neighbourhood
- Other
- Oversized Lot
- Sidewalk
Area Major
- 34236 - Sarasota
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 2025050041
Parking Features
- Parking Spaces - 6 to 12
Possession
- Negotiable
Property Condition
- Completed
Property Type
- Commercial Sale
Road Frontage Type
- City Street
- Main Throrughfare
- Other
Roof
- Other
- Shingle
Sewer
- Public Sewer
Tax Year
- 2023
Township
- 36S
Views
- 76
Year Built
- 1933
Zoning Code
- NT