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Fine Dining Restaurant Space
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520 N Tamiami Trail, Sarasota, FL 34236

Shell-condition restaurant space with available utilities and a layout adaptable to operator requirements.

Property SizeContact for details
Days on Market144

Property Features for 520 N Tamiami Trail

General Information

Standard status Active
Property subtype Retail

Additional Details

Asking Price $3,500,000
Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Optimus Realty Partners Inc
Listed By: Larry Richards · License #FL BK3221638
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Optimus Realty Partners Inc

Investment Insights

Based on property information with market context.

This restaurant offering comprises 9,272 square feet of commercial space divided between two units within the BLVD Sarasota condominium project. The premises are delivered in shell condition, with utilities available for completion. A proposed restaurant plan has been prepared and may be adjusted to accommodate the selected operator’s layout and seating requirements.

The property occupies the southeast corner of Boulevard of the Arts and Tamiami Trail at 520 N Tamiami Trail in Sarasota’s Rosemary District. The site is within walking distance of downtown Sarasota and the Bayfront, across Tamiami Trail from the Van Wezel Center for the Arts, and opposite the Quay Sarasota project. The Bay public-park project is also nearby. Approximately 5,000 residential units and hotel rooms are identified within a 15-minute walk. The condominium project includes 49 residential units, which are sold and fully occupied.

Key Highlights

  • 9,272 SF of commercial restaurant space across 2 units
  • Shell‑condition delivery with utilities available for completion
  • Southeast corner of Boulevard of the Arts and Tamiami Trail

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Dental Office Auto Parts Store Florist Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,814
Businesses Nearby
138k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 54% Shops & Services 16% Hotels & Casinos 15% Dining 13%
Publix Groceries
37,584 visits/mo 0.3 miles
Whole Foods Market Groceries
34,548 visits/mo 0.4 miles
Sunoco Shops & Services
18,817 visits/mo 0.3 miles
Ritz-Carlton Sarasota Hotels & Casinos
15,303 visits/mo 0.3 miles
First Watch Dining
10,428 visits/mo 0.4 miles

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Shell-condition restaurant space with available utilities and a layout adaptable to operator requirements.
Where is this conventional restaurant located?
The property is located at 520 N Tamiami Trail Sarasota, FL.
What are key features of this property?
This property features: 9,272 SF of commercial restaurant space across 2 units; Shell‑condition delivery with utilities available for completion; Southeast corner of Boulevard of the Arts and Tamiami Trail
More about this property
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