Conventional Restaurant with Rear Alley
For Sale
$711,000
5666 SWIFT Road, Sarasota, FL 34231
SINGLE_FAMILY - SARASOTA, FL
Property Size2,217 SF
Lot Size0.14 Acres
Price / SF$320.70
Days on Market86
Property Features for 5666 SWIFT Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
CI
Window features
Aluminum Frames
Appliances
Refrigerator
Lot features
Central Business District
Directions
Take Stickney Point Rd East of US 41 Tamiami Trail to Swift Rd turn left, building will be on your left.
Subdivision
34231 - Sarasota/Gulf Gate Branch
Standard status
Active
APN
0086090002
Size
2,217 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
COM SE COR SEC 8 TH N-0-06-56-E 520.64 FT TH N-89-36-57-W 40 FT TO W R/W OF SWIFT RD TH N-0-06- 56-E 64.82 FT FOR POB TH S-89-58 -59-W 185 FT TH N-0-06-56-E 34 FT TH N-89-58-59-E 185 FT TH S-0
Tax Annual Amount
4931
Legal Description
COM SE COR SEC 8 TH N-0-06-56-E 520.64 FT TH N-89-36-57-W 40 FT TO W R/W OF SWIFT RD TH N-0-06- 56-E 64.82 FT FOR POB TH S-89-58 -59-W 185 FT TH N-0-06-56-E 34 FT TH N-89-58-59-E 185 FT TH S-0
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Concrete, Tile - Ceramic, Carpet
Building materials
Block
Roof type
Concrete
Listing Agency:
RE/MAX ALLIANCE GROUP · RE/MAX International
(941) 954-5454
Listed By:
Erick Shumway · License #3006948
(941) 544-3718
Added: May 7
Changed: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# A4692934
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Conventional restaurant space located in a strip center setting. The building features block construction, a concrete roof, and interior finishes including concrete, ceramic tile, and carpet. The property is supported by public water and public sewer services and includes a grease trap and a range hood.
Set on the west side of Swift Rd in Sarasota (34231), the property offers a back alley designed for rear access. The land area is 0.14 acres and the building size is 2,217 square feet, built in 1970.
Operated as a restaurant for over 56 years, the property is well suited for buyers seeking a restaurant use within CI zoning and on-site back-alley functionality for deliveries and service access.
Set on the west side of Swift Rd in Sarasota (34231), the property offers a back alley designed for rear access. The land area is 0.14 acres and the building size is 2,217 square feet, built in 1970.
Operated as a restaurant for over 56 years, the property is well suited for buyers seeking a restaurant use within CI zoning and on-site back-alley functionality for deliveries and service access.
Key Highlights
- CI zoning for a conventional restaurant within a strip center
- Back alley provides rear access
- Grease trap and range hood included
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $18.00 |
| − Vacancy | −$958 | −$0.43 |
| EGI | $38.9k | $17.57 |
| − OpEx | −$9.7k | −$4.39 |
| NOI | $29.2k | $13.18 |
2,217 SF · lease $18.00/SF/yr · vacancy 2.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$417.3K
$365.1K – $486.9K
NOI $29,211 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.0K
$570.5K – $760.6K
NOI $45,637 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
7,303 visits/mo
0.4 miles
Demographics for 34231, FL
31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value
Market
Vacancy Rate% for Retail in Sarasota, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Conventional restaurant in CI zoning with rear alley access, grease trap, and range hood plus public water and sewer.
Where is this conventional restaurant located?
The property is located at 5666 SWIFT Road Sarasota, FL.
What is the asking price?
The asking price for this property is $711,000.
What are key features of this property?
This property features: CI zoning for a conventional restaurant within a strip center; Back alley provides rear access; Grease trap and range hood included
