SARASOTA, FL 34236 1322 N Tamiami TRAIL
$2,740,000
Pending
33 more
Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179
Home Details
Under contract-accepting backup offers. 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.
Presented By: PREFERRED SHORE LLC with 941-999-1179. - 941-999-1179
Interior Features for 1322 N Tamiami TRAIL
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Flooringother
Total Stories2
Window Featuresdrapes, window treatments, wood frames
General for 1322 N Tamiami TRAIL
Additional Parcels Y/NNo
Building Area Unitssquare feet
Citysarasota
Construction Materialsother, wood frame, wood siding
Coolingcentral air, mini-split unit(s), other, wall/window unit(s)
Countysarasota
Directionsus 41/tamiami trail to corner of 14th street at traffic circle - property is on south east corner.
FULLother
Flood Zone Codex
Flood Zone Code XY
HOAYes
Legal Descriptionlots 3 & 4 less row to state rd dept blk b rev plat of valencia terrace
Levelstwo
Living Area Unitssquare feet
Lot Size Square Feet11330
Lot Size Unitssquare feet
MLS Area34236 - sarasota
ModificationTimestamp2024-12-26t13:47:28.070z
New ConstructionNo
Occupancy Typetenant
Possessionnegotiable
Property Conditioncompleted
Property Subtypemixed use
Property Typecommercial sale
Roofother, shingle
Sewerpublic sewer
Standard Statuspending
Statuspending
Subdivision Namevalencia terrace rev
Tax Annual Amount13057.31
Tax Lot3
Tax Year2023
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1933
Zoningnt
Exterior for 1322 N Tamiami TRAIL
Building Area Total4376
Foundation Detailsother
Lot Featurescorner lot, historic district, city lot, neighbourhood, other, oversized lot, sidewalk
Lot Size Acres0.26
Lot Size Area11330
Number of Buildings3
Parking Features6 to 12 spaces
Road Frontage Typecity street, main throrughfare, other
Road Surface Typeasphalt
Additional Details
Price History
Diana Fahmie
Realtor