Property profile

1800 N Tamiami Trl Sarasota, FL 34234

FOR SALE
Residential land & home lots
Property ID
US18-0017458
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1800 N Tamiami Trl, Sarasota, FL 34234 For Sale
$2,995,000
1800 N Tamiami Trl, Sarasota, FL 34234
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Property summary

AI-generated overview

Approved site plans (DRC) for a Sarasota 33-Unit Apartment or Condo Project minutes from Downtown. This is a 12-month+ time savings. Simply bring your contractor and apply for your full construction permit. This is one of the best Opportunity Zone locations in the US. 1.13 acre site with LARGE units. Perfectly sited among neighborhood gems, Wicked Cantina, The Reserve & Whitaker Park, the site is seconds to downtown and the new Bay Park, as well as an abundance of Cultural Institutions incl The Sarasota Opera House, Van Wezel Performing Arts Center, multiple Theaters, New College of Florida, Ringling University & The Ringling Museum to name a few. bikeScore: 75, Very Bikeable walkScore: 68, Somewhat Walkable transitScore: 33, Some Transit

Property profile

Verified
Property type Residential land & home lots
UPID US18-0017458

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1800 N Tamiami Trl Sarasota, FL 34234
Sarasota metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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