1428 S Tamiami Trl - Medical FOR SALE


Sarasota, FL 34239- South Sarasota
$4,875,000 USD
941-915-7994
1428 S Tamiami Trl, Sarasota, FL for Sale
$4,875,000 USD
Medical - FOR SALE
1/12
null | 5% Cap Rate

1428 S Tamiami Trl
Sarasota, FL 34239
South Sarasota


HIGHLIGHTS

  • Fully renovated medical building adjacent to Sarasota Memorial Hospital
  • Prime frontage on Tamiami Trail offering exceptional visibility
  • Turnkey medical suite ready for immediate occupancy
  • Stabilized income from long-term dental tenant
  • Ample on-site parking and easy access to US 41 and surrounding amenities

OVERVIEW

Prime Medical Investment Opportunity: 1428 S Tamiami Trail This is a rare opportunity to acquire a fully renovated medical office building located directly adjacent to Sarasota Memorial Hospital (SMH). Situated on the high-traffic Tamiami Trail (US 41), this property offers unparalleled visibility and strategic positioning within Sarasota’s premier medical submarket. The building features two distinct units, offering a perfect blend of immediate owner-user potential and stabilized long-term rental income. Building Highlights Turnkey Medical Suite (Available): A beautifully finished 3,290 SF medical office. Completely remodeled in 2025 specifically for medical use. Ready for immediate occupancy with a layout including 8 exam rooms, a reception area, staff workspaces, and a breakroom . Ideal for physicians, specialists, or diagnostic care providers. Stabilized Income (Dental Suite): The second unit is secured by a long-term lease to an established dental practice. The tenant is currently completing their own high-end buildout, ensuring a modern, long-term commitment to the location. Parking & Accessibility: The property features ample on-site parking for patients and staff. Zoning: CG (Commercial, General)

FOR SALE DETAILS

PRICE

$4,875,000 USD

PRICE/SF

$814 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

CG

APN/PARCEL ID

2037-08-0035

ASK ABOUT THIS PROPERTY

Ken HoskinsonHembree & Associates, Inc.More Info
941-915-7994

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Ken HoskinsonHembree & Associates, Inc.More Info
941-915-7994

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.