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Property profile & analytics
OFF-MARKET
Mixed-use properties

1322 Tamiami Trl Sarasota, FL 34236

4,376 SF 0.26 ac lot Built 1933
Property ID
US18-9277356
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1933
Total area 4,376 SF
Lot 0.26 ac (11,326 SF)
UPID US18-9277356
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
  • THE RESERVE by CHEF ANTONIO Restaurant
  • North & South Restaurant Restaurant
  • Simmons-Insurance-Group Insurance Agency
  • The Reserve Retreat Cafe & Coffee Shop
  • esdadwwsdadw Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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