This Hospitality Property is no longer advertised on LoopNet.com.

5340 N Tamiami Trl
Sarasota, FL 34234
SureStay by Best Western Sarasota Lido Beach · Hospitality Property For Sale · 17,123 SF

Investment Highlights

  • 1.97 acres zoned NT , 3 minutes from Sarasota International Airport
  • High-demand Sarasota market – Surging property values, strong tourism sector, and increasing business development.
  • Existing infrastructure in place – Utilities, road access, and development-ready conditions for a seamless transition.
  • Zoned for growth – Ideal for luxury residential, mixed-use, commercial, or hospitality redevelopment.
  • Proximity to key attractions – Near The Ringling Museum, downtown Sarasota, waterfront areas, and major cultural destinations.
  • Flexible redevelopment potential – Ideal for luxury condos, boutique hotels, retail, or mixed-use commercial spaces.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.98 AC
Building Size 17,123 SF
No. Stories 2
Year Built/Renovated 1973/2017
Parking Ratio 2.57/1,000 SF
Corridor Exterior
Zoning NT

Amenities

  • Business Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

Property Taxes

Property Taxes

Parcel Number
2001-03-0027
Land Assessment
$1,543,200
Improvements Assessment
$89,500
Total Assessment
$1,632,700
  • Listing ID: 35031013

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: 5340 N Tamiami Trl, Sarasota, FL 34234

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