Land Available For Lease @ 4925-5025 N Tamiami Trail

American Property Group of Sarasota, Inc is proud to present, 4925-5025 N Tamiami Trail, Sarasota, FL 34234:

Type: High Density Vacant Land directly on US41 Tamiami Trail in Sarasota, Florida near the Airport and Colleges

Size: 64,359 SF

Zoning: NT

Highlights: +/-63,000 SF lot zoned NT with a brand-new NT Overlay District giving more density. These contiguous properties include the corner lot and runs street to street from US 41 to Remington Street with about 400’ of highway frontage. Located just south of University Parkway between the Bradenton and Sarasota markets and minutes to Sarasota International Airport and is minutes to colleges, Universities, downtown Sarasota, hotels, the beaches, and shopping.

Zoned for apartments, condominiums, homes, offices, up to a 70-room hotel, retail, or a combination of each (see zoning code link). See the attached renderings on what can be built on the property.

Hoyt Architects created two concepts to what could maximize the property per the zoning code (see architectural examples attached) . One is for 50 condominiums/apartments of various sized units and one is a new concept that creates dormitory living for 120 bedrooms, each with its own full bathroom and a common living room and kitchen, which can be extremely profitable. This quasi dormitory living concept is gaining a lot of attention in other areas of the country and is felt to be a win win for this area: https://www.geekwire.com/2018/quasi-dorms-adults-gain-popularity-affordable-option-booming-cities/

ZONING STANDARDS FOR NT ZONING
https://www.municode.com/library/fl/sarasota/codes/zoning?nodeId=ARTVIZODI_DIV5COZODI_SVI-504SPNTCPCTDEST&searchRequest=%7B%22searchText%22:%22VI-501-A%22,%22pageNum%22:1,%22resultsPerPage%22:25,%22booleanSearch%22:false,%22stemming%22:true,%22fuzzy%22:false,%22synonym%22:false,%22contentTypes%22:%5B%22CODES%22%5D,%22productIds%22:%5B%5D%7D

OVERLAY DISTRICT
Sec. VI-910. - North Trail overlay district.
https://library.municode.com/fl/sarasota/codes/zoning?nodeId=ARTVIZODI_DIV9SPPUINOVDI_SVI-910NOTROVDI
Scroll down to VI-910 North Trail Overlay District

Visit us online at www.AmericanPropertyGroup.com to see all our listings or call (941)923-0535 at your convenience. This space offers accomodations for: retail.