1322 N TAMIAMI TRL Active Save Request In-Person Tour Request Virtual Tour
Sarasota,FL 34236
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $640
Subdivision Valencia Terrace Rev
MLS Listing ID A4627132
HOA Y/N No
Originating Board Stellar MLS
Year Built 1933
Annual Tax Amount $13,057
Lot Size 0.260 Acres
Acres 0.26
Property Description
Discover a rarely available gem located at the gateway to downtown Sarasota. The historic Reserve Retreat is positioned with prime visibility in the vibrant downtown arts district. Set on a 0.26-acre lot with frontage along North Tamiami Trail/US41 as well as along 14th Street, this property is Urban Mixed Use NT (North Trail) and offers exceptional potential for a live-work situation or a host of other opportunities with its unique blend of 3 freestanding Mixed-Use buildings. Current income streams include 6 beautifully appointed en-suite hotel rooms (3 with kitchens) a lively café, and a restaurant tenant, all centered around a charming al fresco courtyard, and the property comes with two 2COP Beverage licenses.
Building One is 2,080 sq. ft. with a tenant-occupied ground floor (including kitchen and half bath) and 2 upstairs rooms with private baths; Building Two has 1,240 sq. ft. featuring a ground-floor café and half bath, plus 2 additional upstairs rooms with baths; and Building Three is 960 sq. ft. with 2 en-suite rooms and an attached laundry area.
The Reserve Retreat is minutes from stunning beaches, theaters, museums, galleries, and more, and is only 3 miles from the Sarasota/Bradenton International Airport. This is an exciting opportunity for those seeking a beautiful property with endless possibilities.
Location
State FL
County Sarasota
Community Valencia Terrace Rev
Zoning NT
Interior
Cooling Central Air,Mini-Split Unit(s),Other,Wall/Window Unit(s)
Flooring Other
Exterior
Parking Features Parking Spaces - 6 to 12
Roof Type Other,Shingle
Building
Lot Description Corner Lot,Historic District,City Limits,Neighbourhood,Other,Oversized Lot,Sidewalk
Story 2
Entry Level Two
Foundation Other
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Structure Type Other,Wood Frame,Wood Siding
New Construction false
Others
Ownership Other
Acceptable Financing Owner Financing
Listing Terms Owner Financing
Special Listing Condition None