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4500 N Tamiami Trl - North Trail Development

4.87 Acres of Commercial Land Offered at $22,502,399 CAD in Sarasota, FL 34234

Commercial Land Florida Sarasota 4500 N Tamiami Trl, Sarasota, FL 34234

Investment Highlights

  • 80,000 Cars a day
  • 135 units per acre
  • 5 acres +/-

Executive Summary

Prime investment opportunity for a development currently zoned for 135 units per acre.

Property Facts

Price $22,502,399 CAD Property Type Land
Sale Type Investment or Owner User Property Subtype Commercial
Sale Conditions Redevelopment Project Proposed Use
Multifamily
  • Apartment Units - Condo
No. Lots 1 Total Lot Size 4.87 AC
Price $22,502,399 CAD
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 4.87 AC

1 Lot Available

Lot

Price $22,502,399 CAD Lot Size 4.87 AC
Price Per AC $4,620,616 CAD
Price $22,502,399 CAD
Price Per AC $4,620,616 CAD
Lot Size 4.87 AC

This is the largest tract left on the North Trail in Sarasota, Florida. There are 5 houses that can be purchased to make a total of plus or minus 5 Acres of land. The site has been approved for 135 units per acre recently. The site is in an amazing l

Description

This is the largest tract left on the North Trail in Sarasota, Florida. There are 5 houses that can be purchased to make a total of plus or minus 5 Acres for development. The site has been approved for 135 units per acre.

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4500 N Tamiami Trl, Sarasota, FL - aerial map view - Image1
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4500 N Tamiami Trl, Sarasota, FL - aerial map view - Image5

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2004-02-0026
  • 2004-02-0027
  • 2004-07-0019
 Improvements Assessment $394,856 CAD
Land Assessment $1,604,847 CAD Total Assessment $1,999,702 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2004-02-0026
  • 2004-02-0027
  • 2004-07-0019
Land Assessment
$1,604,847 CAD
Improvements Assessment
$394,856 CAD
Total Assessment
$1,999,702 CAD

zoning

Zoning Code NT (he land zoned for the erection of a New Town)
NT (he land zoned for the erection of a New Town)
(941) 724-3448

  • Listing ID: 32274895

  • Date on Market: 2024-06-27

  • Last Updated:

  • Address: 4500 N Tamiami Trl, Sarasota, FL 34234

The Land Property at 4500 N Tamiami Trl, Sarasota, FL 34234 is currently available For Sale. Contact RE/MAX Alliance Group for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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4500 N Tamiami Trl - North Trail Development
(941) 724-3448 x

4500 N Tamiami Trl - North Trail Development

Lee Brewer

(941) 724-3448

(941) 724-3448

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