For Sale
For Sale
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Year Built
1949
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Overview
Development in SARASOTA is BOOMING!!! 5 BUILDINGS & 1.7 ACRES OF LAND for sale! Seller is looking for Developers with the ability to transform this property. Open to Construction ideas, such as Student Housing, Multi-Family Apartments, Assisted Living Facilities, or a Hotel with a bigger Footprint. It is surrounded by international retailers, state universities, and the International Airport. Let's not forget, its in the heart of Sarasota; close proximity to the Arts, Beaches, and Restaurants. This Hotel/Motel property is being sold fully furnished. Excellent Return on Investment and Cap Rate possibilities. We are reviewing several innovative real estate options. Unique zoning!
Property Details
Development in SARASOTA is BOOMING!!! 5 BUILDINGS & 1.7 ACRES OF LAND for sale! Seller is looking for Developers with the ability to transform this property. Open to Construction ideas, such as Student Housing, Multi-Family Apartments, Assisted Living Facilities, or a Hotel with a bigger Footprint. It is surrounded by international retailers, state universities, and the International Airport. Let's not forget, its in the heart of Sarasota; close proximity to the Arts, Beaches, and Restaurants. This Hotel/Motel property is being sold fully furnished. Excellent Return on Investment and Cap Rate possibilities. We are reviewing several innovative real estate options. Unique zoning!
- Property TypeOffice, Retail
- Submarket
- Year Built1949
- Sale Price$4,700,000
- Total Acres2.03
- Number of Floors1
- ZoningGC/AI
- Property ID152832