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5611 S Tamiami Trail Sarasota, FL, United States 34231

Seize this exceptional opportunity to acquire a prime investment property on South Tamiami Trail (US 41) in Sarasota, Florida. This strategic 0.89-acre site is situated on a high-visibility signalized corner, boasting an impressive 239 feet of frontage along S Tamiami Trail and 129 feet along Constitution Boulevard. The well-proportioned site provides ample parking and substantial space for future expansion, significantly enhancing its desirability and value.Currently offered at an attractive 6.5% cap rate with a strong credit tenant in place, this property delivers lucrative passive income while offering potential for redevelopment.Strategically located near Sarasota Memorial Hospital, major retail centers, and just a mile from the Gateway to Siesta Key, this property presents endless possibilities for retailers and savvy investors looking to capitalize on Sarasota's thriving market. With its prime location, strong tenant, and development potential, this investment opportunity stands out in one of Florida's most sought-after communities.Contact me today for more detailed information!

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Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 1312221
  • Web ID: CWG5ER
  • Status: Active

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Property brokered by

Michael Saunders & Company

(941) 955-8200

Get more listing details on brokerage site

Presented by Melinda Garrett

  • (941) 957-3730

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