$3,850,000
$4,900,000
21.4%For more information regarding the value of a property, please contact us for a free consultation.
400 N TAMIAMI TRL Sarasota, FL 34236
6,097 SqFt
Key Details
Sold Price $3,850,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 6,097 sqft
Price per Sqft $631
Subdivision Plat Of Sarasota Exhibit
MLS Listing ID A4461221
Sold Date 12/30/20
HOA Y/N No
Year Built 1955
Annual Tax Amount $22,777
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
SARASOTA - DOWNTOWN - DEVELOPMENT OPPORTUNITY - ZONING = DOWNTOWN BAYFRONT (DTB – 18 Stories); If you desire to participate in the growth of one of Florida's Top West Coast Cites you have arrived at the right Sarasota property. This property encompasses 21,000 SF of land which allows for 18 story mixed use development under the very lucrative downtown bay-front zoning. This zoning has many features which include but are not limited to transient use, residential use, office use, retail use or any combination thereof. The photo's / drone virtual tours in this listing say it all. Many new developments in the area are completed, in process, or are approved and planned to start shortly. Close to the all the famous Sarasota Beaches (Siesta Key / Lido Beach), Downtown Sarasota Shopping, Sarasota Airport, the up and coming redeveloped “Sarasota Bayfront Property” budgeted to cost an estimated $300MM as well as the newly developed Sarasota Quay Development just across the street. If needed the current structures could be updated and rented to support carry until developed (18 rental units). We look forward to your inquiries and visits.
Location
State FL
County Sarasota
Community Plat Of Sarasota Exhibit
Area 34236 - Sarasota
Zoning DTB
Interior
Heating Central, Electric, Heat Pump, Other, Wall Units / Window Unit
Cooling Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Concrete, Linoleum, Other, Tile
Appliance Cooktop, Dishwasher, Dryer, Electric Water Heater, Other, Washer
Exterior
Parking Features Parking Spaces - 19 to 30, Curb Parking, Other
Community Features Activity Core/Center, Curbs, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Other, Phone Available, Public, Sewer Nearby, Water Connected, Water Nearby
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Intracoastal Waterway
Roof Type Membrane,Other,Shingle,Tile
Building
Lot Description Corner Lot, Fire Hydrant, Flood Insurance Required, FloodZone, City Limits, Other, Oversized Lot, Sidewalk, Street Lights, Paved, Waterfront
Story 2
Entry Level Two
Foundation Crawlspace, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer, Other
Structure Type Block,Brick,Other,Siding,Stucco
New Construction false
Others
Pets Allowed Cats OK, Dogs OK
Ownership Corporation
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Robert T Anderson RE/MAX ALLIANCE GROUP
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