Sarasota, FL 34236,1322 N TAMIAMI TRL
Sarasota, FL 34236,1322 N TAMIAMI TRL
Sarasota, FL 34236,1322 N TAMIAMI TRL
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$2,740,000
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4,280 SqFt
Active

1322 N TAMIAMI TRL Sarasota, FL 34236

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UPDATED:

11/30/2024 04:04 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,280 sqft

Price per Sqft $640

Subdivision Valencia Terrace Rev

MLS Listing ID A4627132

HOA Y/N No

Originating Board Stellar MLS

Year Built 1933

Annual Tax Amount $13,057

Lot Size 0.260 Acres

Acres 0.26

Property Description

Discover 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 Zoned 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 café, 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 café 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.
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.

Location

State FL

County Sarasota

Community Valencia Terrace Rev

Zoning NT

Interior

Cooling Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)

Flooring Other

Exterior

Parking Features Parking Spaces - 6 to 12

Roof Type Other,Shingle

Building

Lot Description Corner Lot, Historic District, City Limits, Neighbourhood, Other, Oversized Lot, Sidewalk

Story 2

Entry Level Two

Foundation Other

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Structure Type Other,Wood Frame,Wood Siding

New Construction false

Others

Ownership Other

Special Listing Condition None


Stellar MLS
Listed by PREFERRED SHORE LLC

Learn More About LPT Realty

Nancy Conde

Agent | License ID: SL3463040

+1(407) 486-6611

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1322 N TAMIAMI TRL