1800 Stickney Point Road, Sarasota, FL 34231 - hospitality property

Detailed information about hospitality property which situated in Sarasota (34231) city, Florida state on 1800 Stickney Point Road.

Additional Information: Extremely desirable location on Stickney Point Road, within 0.4 miles of the south Siesta Key Bridge and only 5 minutes from the #1 beach in the country! Great opportunity for an active owner/operator or an investor looking for a redevelopment opportunity. The 1-1/4 acre site features 2 motels, the Tides Inn and Sunset Lodge, which are currently being operated by absentee management. The Tides Inn has 1 apartment, 12 guest rooms, plus office, maintenance room, and manager’s apartment. The Sunset Lodge has 8 units total – 1 regular apartment and 6 efficiencies. Site features 2 pools and laundry facilities, along with horseshoe pit and shuffleboard court. Perfect for owner operator who wants a great property near the beach to keep them busy. Property was originally purchased for redevelopment. Existing plans and approvals are available for a 10-story 22-unit condominium building. Be ready for the turn in the market, with a project in a highly desirable location. Just blocks from a huge selection of stores and restaurants in Gulf Gate area and minutes to the beaches of Siesta Key. Contact listing broker for full marketing package, including current financials.