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22121502
22121503

Near Sarasota Airport 1.97 acr Res/Commercial Redevelopment

SS
SL3429384
eXp Commercial LLC
Listed by eXp Commercial LLC
Unpriced
468 days on market
Updated 7 days ago
Details
Property Type Multifamily, Hospitality (+2)
Sub Type Student Housing, Apartment Building (+1)
Square Footage 86,094
Units 44
Year Built 1973
Zoning NT
Investment Type Redevelopment

Residential/ Commercial Redevelopment

Marketing description

This 1.97-acre site in the heart of Sarasota presents an exceptional redevelopment opportunity in one of Florida’s most soughtafter markets. Located along the high-traffic N Tamiami Trail (US-41) and just 3 minutes from Sarasota-Bradenton International Airport, this property offers incredible potential for mixed-use development, luxury residences, upscale hospitality, or commercial projects. Currently operating as a 44-room hotel, the site includes attached land primed for transformation. With Sarasota’s booming tourism industry, growing business sector, and increasing demand for premium real estate, this property is a rare chance to reposition or redevelop in a high-appreciation market NT zoning in Sarasota County, Florida, refers to the North Trail zone district. This zoning district is a mix of commercial, cultural, educational, and residential uses. The commercial activities in this zone are mainly intended to serve the needs of the local community, tourists, and students.

Please contact Swapna Shah 813-789-4142 for more information regarding this property.

Buyer is responsible for verifying zoning and land use regulations with the appropriate county and city authorities

Please DO NOT visit the property Contact Swapna for showing 813-789-4142

Please see city of Sarasota Zoning site for more information: https://www.sarasotafl.gov/government/developmentservices/zoning

Investment highlights

1.97 acres zoned NT , 3 minutes from Sarasota international airport

Zoned for growth – Ideal for luxury residential, mixed-use, commercial, or hospitality redevelopment.

High-demand Sarasota market – Surging property values, strong tourism sector, and increasing business development.

Proximity to key attractions – Near The Ringling Museum, downtown Sarasota, waterfront areas, and major cultural destinations.

Existing infrastructure in place – Utilities, road access, and development-ready conditions for a seamless transition.

Flexible redevelopment potential – Ideal for luxury condos, boutique hotels, retail, or mixed-use commercial spaces.

Listing Contacts

SS
SL3429384
eXp Commercial LLC
Listed by eXp Commercial LLC

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