Property Description

Location, Location, Location. This Property is an Investment for the right Hospitality Guru. It is a Distressed Property with lots of Potential. It is walking distance to Universities and the International Airport and within miles of Florida Beaches. This Hotel/Motel property has 5 buildings and several units fully furnished. Its in the heart of Sarasota, minutes away from the Art District, the ever growing Universities and the International Sarasota/Bradenton Airport. It has a lot of undeveloped area and it is surrounded by new construction. Seller is looking for Developers with the ability to transform this property. Open to Construction ideas, such as Student Housing, Multi-Family Apartments, Assisted Living Facilities, or a Hotel with a bigger Footprint. Excellent Return on Investment and Cap Rate possibilities. Joint Ventures and Financing Available for the right candidate. We are reviewing several innovative real estate options. Join us in recreating and renovating the city of Sarasota.

Features
Address Map
US
FL
Sarasota
SARASOTA
34243
8110 N Tamiami TRL
W83° 30' 34.5''
N27° 12' 35.7''
Additional Information
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Active
FMSWFL
Florida Gulf Coast Multiple Listing Service, Inc.
Krystal
Edwards
(239) 542-5777
Century 21 Selling Paradise
Sarasota
2020-06-02T22:42:41+00:00
MLS Addon
Century 21 Selling Paradise
Krystal Edwards
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Commercial

8110 N Tamiami TRL, SARASOTA, Florida 34243

1.76 Acre
$5,300,000
Listing ID #220013171
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : 220013171
Price : $5,300,000
Year Built : 1949
Lot Area : 1.76 Acre
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