FL > Sarasota > Valencia Terrace Rev
Sarasota, FL 34236,1322 N TAMIAMI TRL
Sarasota, FL 34236,1322 N TAMIAMI TRL
Sarasota, FL 34236,1322 N TAMIAMI TRL
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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Patricia Lugo

Patricia Lugo

+1(727) 409-7742
$ 2,740,000
Est. payment | /mo

4,280 SqFt

Save
$ 2,740,000
Est. payment | /mo
Save

4,280 SqFt

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

Garage Parking Spaces - 6 to 12

Waterfront false

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
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by PREFERRED SHORE LLC

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Patricia Lugo

Broker Associate | License ID: 3036559

+1(727) 409-7742

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1322 N TAMIAMI TRL