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1715 N Tamiami Trl 36 Unit Apartment Building $3,600,000 ($100,000/Unit) Sarasota, FL 34234
EXECUTIVE SUMMARY
Remarkable Opportunity for Shovel Ready 36-Unit Apartment or Condo Project minutes from Downtown Sarasota. This is one of the best Opportunity Zone locations in the US. ***Seller willing to finance 60% LTV @ 4% interest***
The project consists of 36,140 sellable square feet with (4) 3-BR units, (12) 2-BR units & (20) 1-BR units and is in the final weeks of permitting.
This is a 16+ Month Time Savings
The adjacent parcel - 1701 N. Tamiami - is separately listed for $2.4M w/permits pending for (22) units
Perfectly sited among neighborhood gems, Wicked Cantina, The Reserve & Whitaker Park, the site is seconds to downtown and the new Bay Park, as well as an abundance of Cultural Institutions incl The Sarasota Opera House, Van Wezel Performing Arts Center, multiple Theaters, New College of Florida, Ringling University & The Ringling Museum to name a few.
For questions or more detailed information, email jason@questchicago.com
The project consists of 36,140 sellable square feet with (4) 3-BR units, (12) 2-BR units & (20) 1-BR units and is in the final weeks of permitting.
This is a 16+ Month Time Savings
The adjacent parcel - 1701 N. Tamiami - is separately listed for $2.4M w/permits pending for (22) units
Perfectly sited among neighborhood gems, Wicked Cantina, The Reserve & Whitaker Park, the site is seconds to downtown and the new Bay Park, as well as an abundance of Cultural Institutions incl The Sarasota Opera House, Van Wezel Performing Arts Center, multiple Theaters, New College of Florida, Ringling University & The Ringling Museum to name a few.
For questions or more detailed information, email jason@questchicago.com
PROPERTY FACTS
| Price | $3,600,000 | Building Class | B |
| Price Per Unit | $100,000 | Lot Size | 1.14 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 36 | Building Size | 36,140 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | NT | ||
| Price | $3,600,000 |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 1.14 AC |
| Construction Status | Proposed |
| Building Size | 36,140 SF |
| No. Stories | 4 |
| Opportunity Zone |
Yes |
| Zoning | NT |
PROPERTY TAXES
| Parcel Number | 2006-16-0016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,583,769 |
PROPERTY TAXES
Parcel Number
2006-16-0016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,583,769
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