Midtown Sarasota Mixed-Use Redevelopment 4 Retail Properties in Sarasota, FL

INVESTMENT HIGHLIGHTS

  • Mixed-Use Redevelopment Opportunity in the heart of Sarasota, Florida
  • Located at the major lighted intersection of US41 and Bahia Vista Street.
  • Subject property is located less than 1 mile from Downtown Sarasota and only 3 blocks from the Top Rated Sarasota Memorial Hospital.

EXECUTIVE SUMMARY

Subject is located at the corner of US41 and Bahia Vista Street in a high traffic area less than 1 mile from the rapidly growing Downtown Sarasota and 3 blocks to the Top Rated Sarasota Memorial Hospital. Located directly North of Saba Plaza is Sarasota High School and The Sarasota Art Museum of Ringling College. Directly East is the Circus Arts Conservatory. This intersection serves traffic traveling from midtown and south Sarasota to Downtown Sarasota, Longboat Key, and Bradenton.
Incredibly rare opportunity to redevelop anywhere from 5 stories to potentially an 18 story building with up to 518 residential units. In addition, there is opportunity for stand-alone retail/commercial space plus inline space. Current zoning is Commercial General to be rezoned to Urban Mixed Use.

ATTACHMENTS

Saba Plaza OM

PROPERTY FACTS

Sale Condition Redevelopment Project
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 50,285 SF
Total Land Area 2.70 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Saba Plaza
1055 S Tamiami Trl, Sarasota, FL 34236
Retail 29,636 SF 1961 -
Saba Plaza
2031-2041 Bahia Vista St, Sarasota, FL 34239
Retail 10,535 SF 1962 -
Saba Plaza
1115 N Tamiami Trl, Sarasota, FL 34236
Retail 8,190 SF 1961 -
Saba Plaza
1155 N Tamiami Trl, Sarasota, FL 34236
Retail 1,924 SF 1960 -
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  • Listing ID: 35395402

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: Midtown Sarasota Mixed-Use Redevelopment, Sarasota, FL