1322 Tamiami Trl Sarasota, FL 34236

Property Details for 1322 Tamiami Trl

Year built

1933

Lot size

0.26 lot acres

Property size

4,376 SF

Property type

Mixed-use properties

Description

This exceptional mixed-use property, situated on a 0.26-acre lot at 1322 N Tamiami Trail in Sarasota, Florida, presents a rare investment opportunity. Boasting prime visibility in the vibrant downtown arts district, this historic property offers a unique blend of three freestanding buildings totaling 4,376 square feet. The property benefits from dual street frontage along North Tamiami Trail/US41 and 14th Street, maximizing exposure and accessibility. Currently generating income from a thriving cafГ©, a restaurant, and six beautifully appointed en-suite hotel rooms (three with kitchens), this property offers immediate returns. The hotel rooms are distributed across the three buildings. Building One (2,080 sq ft) includes a ground-floor tenant space with kitchen and half bath, and two upstairs rooms with private baths. Building Two (1,240 sq ft) houses the cafГ© on the ground floor with a half bath, and two additional upstairs rooms with private baths. Building Three (960 sq ft) features two en-suite rooms and an attached laundry area. A charming al fresco courtyard serves as a central gathering space. Two 2COP Beverage licenses are included in the sale. Located minutes from Sarasota's stunning beaches, theaters, museums, and galleries, and just 3 miles from Sarasota/Bradenton International Airport, this property offers unparalleled convenience and potential for a live-work situation or a variety of other uses. This is a truly unique opportunity to acquire a high-income-producing property in a thriving downtown location.