Shovel Ready Apartment/Condo
For Sale
Contact for pricing
Pending
1715 N Tamiami Trail, Sarasota, FL 34234
36-unit apartment or condo project near downtown Sarasota.
Property SizeContact for details
Days on Market1317
Property Features for 1715 N Tamiami Trail
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Quest Realty Group
Listed By:
Jason Vondrachek · License #471.007493
Source:
Crexi
Added: Jan 23, 2023
Changed: Aug 8
Last Checked: Aug 8 at 4:26AM
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 Quest Realty Group
Investment Insights
Based on property information with market context.
This property presents a remarkable opportunity for a shovel-ready 36-unit apartment or condo project, situated minutes from downtown Sarasota, Florida. Located in one of the best Opportunity Zone locations in the US, the project encompasses 36,140 sellable square feet, featuring a mix of unit sizes: four 3-bedroom units, twelve 2-bedroom units, and twenty 1-bedroom units. The permitting process is in its final weeks, offering a potential time savings of over 16 months. The adjacent parcel at 1701 N. Tamiami is separately listed and has permits pending for 22 units. The site is perfectly located among neighborhood amenities such as Wicked Cantina, The Reserve, and Whitaker Park, and is seconds away from downtown and the new Bay Park. It also offers convenient access to a variety of cultural institutions, including The Sarasota Opera House, Van Wezel Performing Arts Center, multiple theaters, New College of Florida, Ringling University, and The Ringling Museum.
Key Highlights
- Shovel‑ready 36‑unit apartment or condo project, saving 16+ months of time.
- Seller financing available: 60% LTV at 4% interest.
- Prime Opportunity Zone location minutes from Downtown Sarasota.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 34234, FL
20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 36-unit apartment or condo project near downtown Sarasota.
Where is this residential land & home lot located?
The property is located at 1715 N Tamiami Trail Sarasota, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Shovel‑ready 36‑unit apartment or condo project, saving 16+ months of time.; Seller financing available: 60% LTV at 4% interest.; Prime Opportunity Zone location minutes from Downtown Sarasota.
