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    FOR SALE
    Commercial real estate

    1226 N Tamiami Trl Sarasota, FL 34236

    1.22 ac lot
    Individually Owned 8-yr Hold Free & Clear
    Property ID
    US18-1158968
    1226 N Tamiami Trl, Sarasota, FL 34236 For Sale 1 / 30
    Contact for pricing
    1226 N Tamiami Trl, Sarasota, FL 34236
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    Property summary
    AI-generated overview

    This exceptional 1,791 square foot Class A executive office condominium is ideally situated on North Tamiami Trail in Sarasota, Florida, just north of the downtown area at 12th Street. Occupying the third floor of a three-story building constructed in 2001, this unit boasts six private offices, a dedicated conference room, a well-equipped kitchen, ample storage, and a central reception area. The space offers beautiful views and benefits from convenient access to central elevators and shared bathrooms on each floor. Additional amenities include a shared ground floor conference room with a kitchen, perfect for catering events, and an outdoor patio. The property sits on a 1.23-acre lot and is zoned Commercial General (CG), providing flexibility for various business uses. Abundant parking is available for tenants and visitors. This turnkey opportunity is further enhanced by the availability of owner financing and its location within an Opportunity Zone, presenting significant investment advantages. The asking price is $447,725, translating to $249.99 per square foot. The property's APN is 2025051007. The unit will be available for occupancy on April 1, 2025.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMON AREA (COMMERCIAL)
    Lot 1.22 ac (53,139 SF)
    Zoning code CG; NT
    APN 0000-00-8250
    UPID US18-1158968
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mangrove Mental Health Crisis Center Medical Clinic
    • Senior Market Connection Advertising Agency Marketing & Advertising
    • Better Image Co Advertising Agency Marketing & Advertising
    • The Offices SRQ - Individual & Virtual Office Space in Downtown Sarasota Real Estate Agency
    • The SARASOTA CULTURE COLLECTIVE Art Gallery
    5 occupants on record
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Jacaranda Trace Ltd · 8 yrs held
    Jacaranda Trace Ltd
    since 2018
    1 recorded transaction
    2018
    Price N/A
    Zoning & alternative use
    CG; NT · Sarasota, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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