4500 Tamiami Trl Sarasota, FL 34234

This exceptional 4.8-acre parcel at 4500 N Tamiami Trail in Sarasota, Florida, presents a unique investment opportunity. Boasting a substantial 4,714 square feet of existing building space, the property is ideally situated for redevelopment. Recent approvals allow for a high-density multifamily development of up to 135 units per acre, capitalizing on the area's strong demand for housing. The site's strategic location offers unparalleled access to key Sarasota attractions. It's just minutes from Sarasota International Airport, providing convenient travel connections. Furthermore, its proximity to the Ringling School of Art, New College, and Downtown Sarasota ensures high visibility and strong potential for tenant attraction. The property currently includes five houses, offering flexibility for immediate income generation or phased development. This is the largest remaining undeveloped tract on the North Trail, making it a truly rare and valuable asset in a thriving Sarasota market. The existing structures can be incorporated into a larger development plan or removed to maximize the development potential. This presents a significant opportunity for investors seeking a high-return, multi-use property in a prime Sarasota location. The approved density allows for a substantial number of residential units, catering to the growing population and demand for housing in this desirable area.