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This offering presents a unique opportunity to acquire a high-visibility corner lot with frontage along 14th Street West / US 41 (Tamiami Trail), a retail-dense corridor anchored by national retailers such as Target, Anytime Fitness, TJ Maxx, and Publix.
Opportunity to acquire one, two, or three parcels from . 58 Acre to 1. 7 Acres, including the existing billboard income.
0. 58± acre corner parcel — $975, 000
1. 24± acre assemblage — $1, 975, 000 (includes $10, 000/year billboard income)
1. 7 ± acre assemblage- Unpriced
The two-parcel option provides the added benefit of in-place income while pursuing redevelopment. The site features a paved lot and existing utilities.
Strategically positioned less than one mile from the intersection of Bayshore Gardens Parkway and El Conquistador Parkway, the property is surrounded by significant residential and mixed-use development. Nearby projects include IMG Academy Golf Club, Aqua (a Medallion Home community), Cirrus at Aqua (345 units), The Stadler (279 units), and SeaFlower, a transformative 1, 200-acre mixed-use development.
Additionally, the site is located just over two miles from Sarasota-Bradenton International Airport, making it well-suited to serve both local residents and airport travelers.
The property’s General Commercial zoning allows for a wide range of uses, including retail, restaurant, drive-thru, office, and more. SIte was previously approved for Drive-Thru use.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,580,000 | $1,580,000 | $1,580,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,220 | $9,473 | $13,333 |
| Total Monthly Payment | $9,345 | $9,598 | $13,458 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.