RE/MAX of the Islands
RE/MAX of the Islands
2400 Palm Ridge Road Sanibel FL 33957
(239) 472-2311 RE/MAX of the Islands

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27.396196 -82.56404
  1. Search Nearby Homes

No Address Provided Sarasota, FL 34243

287092385 27.396196 -82.56404 12 /listing/287092385-150476587/sarasota-fl-34243 False 0 5000000.0 101 0 221002743 False
  • $5,000,000
  • 0 ba
  • 76665.60 Square Feet lot
  • Est payment $26841.08/mo
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Property & Neighborhood Info

Courtesy Of Century 21 Selling Paradise

Commercial in SARASOTA

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.

Courtesy Of Century 21 Selling Paradise
  1. 0 Baths
  2. 76665.60 Square Feet Lot

Main Features

  • Listing Status: Active
  • Year Built: 1949
  • County: Manatee
  • Taxes: $23,658.00
  • Tax Year: 2020
  • MLS Number:221002743

Additional Features

  • Current Use:
    • Multi-Family
  • Property Sub Type:
    • Hotel-Motel
  • Property Type:
    • Commercial Sale
  • Architectural Style:
    • Low Rise
  • Business Type:
    • Hospitality
  • Co List Agent AOR:
    • FloridaGulfCoast
  • Co List Agent Direct Phone:
    • (239) 728-4016
  • Co List Agent Email:
    • davedettmann@gmail.com
  • Co List Agent Office Phone:
    • (239) 728-4016
  • Co List Agent State License:
    • 090039390
  • Co List Office AOR:
    • FloridaGulfCoast
  • Co List Office Email:
    • info@c21sellingparadise.com
  • Co List Office Name:
    • Century 21 Selling Paradise
  • Co List Office Phone:
    • (239) 542-5777
  • Cooling YN:
    • Y
  • Human Modified YN:
    • True
  • Lease Considered YN:
    • N
  • List Agent AOR:
    • FloridaGulfCoast
  • List Agent State License:
    • 258026033
  • List AOR:
    • FloridaGulfCoast
  • Listing Agent License Number:
    • 258026033
  • Listing Agreement:
    • Exclusive Right To Sell
  • List Office AOR:
    • FloridaGulfCoast
  • List Office Email:
    • info@c21sellingparadise.com
  • Lot Size Acres:
    • 1.76
  • Lot Size Source:
    • Appraiser
  • Lot Size Units:
    • Acres
  • Property Condition:
    • Resale
  • Tax Legal Description:
    • BEG AT A PT 41.37 FT W & 30 FT S OF NE COR SE1/4 SEC 35; SD PT BEING THE INTERSEC OF THE S LN OF BRADEN AVE & THE W R/W LN OF US HWY 41, TH SLY ALG THE W R/W LN OF SD US HWY 41 A
  • Waterfront YN:
    • N
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.

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RE/MAX of the Islands
RE/MAX of the Islands
(239) 472-2311
2400 Palm Ridge Road Sanibel FL 33957
no name available RE/MAX of the Islands
27.396196 -82.56404
  1. Search Nearby Homes

No Address Provided Sarasota, FL 34243

287092385 27.396196 -82.56404 12 /listing/287092385-150476587/sarasota-fl-34243 False 0 5000000.0 101 0 221002743 False
  • $5,000,000
  • 0 ba
  • 76665.60 Square Feet lot
  • Est payment $26841.08/mo