Prime Sarasota Development Site

1500 North Tamiami Trail Sarasota, FL 34236

1500 North Tamiami Trail, Sarasota, FL, 34236
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FOR SALE
Property Type:
Multifamily Land
Amount:
$1,749,000
Last Verified:
Oct 07, 2025

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Highlights

  • MU-3 Zoning
  • Excellent frontage and visibility on US-41
  • Three access points
  • Excellent Multi family, retail, office, mixed-use opportunity

Description

Zoned Commercial General, this property is a great opportunity for retail, office, mixed-use, or multifamily. With MU-3 zoning in place, the property offers strong potential for up to 45 units, subject to final site planning and approvals.

This strategic location offers unparalleled visibility with frontage on US-41, just north of the 14th Street roundabout and features 3 existing access points from both 15th and 16th street. The lot is within striking distance popular sites such as The Bay Park, downtown Sarasota and Sarasota Bradenton International Airport providing a rich community environment.

With numerous multifamily developments happening nearby the site, this location presents a great opportunity to serve the explosive growth in the area.

Located just outside of Downtown Sarasota, this property is situated in the heart of Sarasota's cultural district. The immediate area offers a dynamic mix of art galleries, boutique shops, trendy cafes, and upscale restaurants. With proximity to the Sarasota Bay, residents and visitors can easily access scenic waterfront parks and recreational amenities.

Just a short distance from the property are numerous cultural institutions including the Ringling Museum of Art, Van Wezel Performing Arts Hall, and esteemed educational bodies like New College of Florida and Ringling University. The site is located just outside of the Rosemary District, one of Sarasota's oldest districts, known for it's art, dance, music, and design.

Lot Size: 0.64 acres


Documents

SVN - OM/Proposal/BOV (L)

Map of 1500 North Tamiami Trail, Sarasota, FL, 34236

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.