1322 North Tamiami Trail

Sarasota, FL 34236

$2,740,000
Price
Beds
4,280 Sq. Ft.
$640 / Sq. Ft.
4,280
Sq. Ft.
$640
per Sq. Ft.

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 Zoned 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...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 Zoned 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.
  1. Listed by Carol-Ann Warr • PREFERRED SHORE LLC

Property Details for 1322 North Tamiami Trail

Subdivision Name
VALENCIA TERRACE REV
Township
36S
Waterfront
No
LISTING UPDATED: 11/11/2024 02:35 PM

Property Details for 1322 North Tamiami Trail

StatusActive
MLS #A4627132
Days on Market17
Taxes$13,057 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1933
Lot Size0.26 AC / 11,330 SF
CountySarasota County

Building Information for 1322 North Tamiami Trail

Stories2Residences-Year Built1933Lot Size0.26 AC / 11,330 SF

Property Information for 1322 North Tamiami Trail

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4376.0
  • Building Area Units: Square Feet
  • Directions: US 41/Tamiami Trail to corner of 14th Street at traffic circle - property is on south east corner.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, Main Throrughfare, Other
  • Unit Number: No
  • Street Number: 1322
  • Street Direction Prefix: N
  • Street Name: TAMIAMI
  • Street Suffix: TRAIL
  • State: FL
  • City: SARASOTA
Parking
  • Parking Features: 6 to 12 Spaces
Taxes and HOA Information
  • Condo Environment: No
  • Management: Owner Manager
  • Tax Block: B
  • Tax Book Number: 1-45
  • Tax Legal Description: LOTS 3 & 4 LESS ROW TO STATE RD DEPT BLK B REV PLAT OF VALENCIA TERRACE
  • Tax Lot: 3
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Corner Lot, Historic District, In City Limits, Neighbourhood, Other, Oversized Lot, Sidewalk
  • Parcel Number: 2025050041
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 3
  • Water Access: No
  • Water Extras: No
  • Zoning: NT
  • Living Area: 4280
Property and Assessments
  • Year Built Numeric: 1933
  • Flood Zone Code: X
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 18E
  • Public Survey Section: 18
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, Wood Frame, Wood Siding
  • Foundation Details: Other
  • Levels: Two
  • Pool: None
  • Pool Private: No
  • Roof: Other, Shingle
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Cooling: Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
  • Flooring: Other
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Drapes, Window Treatments, Wood Frames

Property History for 1322 North Tamiami Trail

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1322 North Tamiami Trail

Taxable ValueLand$356,800Additions$467,700Total$824,500
Tax Record2023$3,405 ($284 / month)
Home Facts
Baths3Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtStories2Lot Size11,330 SqFtStyleHotel / MotelYear Built1933Year Renovated1998ZoningNTCountySARASOTAAPN2025-05-0041Fireplace TypeHas Fireplace

Schools near 1322 North Tamiami Trail

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Gocio Elementary School
PublicPK to 5

Booker Middle School
Public6 to 8

Riverview High School
Public9 to 12

Sarasota School Of Arts/Sciences
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1322 North Tamiami Trail is a mixed use property for sale in Sarasota, FL 34236. This property was listed for sale on October 28, 2024 by PREFERRED SHORE LLC, it's currently listed at $2,740,000. It has been on the market for a total of 17 days and was last sold on April 19, 2021. This listing's school district is Sarasota. Nearby schools include Gocio Elementary School, Booker Middle School and Riverview High School. 1322 North Tamiami Trail is a 0-bed, 0-bath, 4,280 sqft mixed use property built in 1933.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PREFERRED SHORE LLC, Carol-Ann Warr

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.