🌟 Investment Opportunity: Hotel, MainView Sarasota 🌟Serious Investors!

Sarasota County, Sarasota, FL, 34237 view full address
For Sale
Listed at: September 30th, 2024
Price
$12,000,000
Sq. Footage
1298
Type
Development
Parking
Assigned
Year build
2024
Lot size
34000.00 acres
Bedrooms
170
Bathrooms
170
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

🌟 Investment Opportunity: MainView Sarasota 🌟

πŸ“ Address:
2051 Main St., 37 Wallace Ave, 45 Wallace Ave, Sarasota, Florida 24236
Zoning: DTC (Downtown Core, 10-story height limit)
Land Size: 34,000 sq ft
Opportunity Zone (OZ): Yes, this property qualifies for OZ tax benefits!

πŸ’° Asking Price: $12,000,000
Land Value: $7.5M ($10M/acre)
Improvements: $5.2M in New Market Tax Credits available for development

🏨 Proposed Development: MainView Sarasota

MainView Sarasota is a LEED Platinum certified 4-star hotel concept designed as a green oasis in downtown Sarasota. This 170-key hotel is fully entitled with award-winning plans, including:

  • Rooftop Restaurant & Lounge with 360° city views πŸŒ‡
  • Sustainable Design focusing on energy, water, and air quality 🌱
  • Multiple Roof Gardens & Biophilic Design 🌿
  • Indoor/Outdoor Amenities & Event Spaces
  • First LEED-Certified Hotel on Florida’s west coast
  • Approved Site Plan, Ready for Engineering Submission

πŸ† Awards & Recognition:

  • American Institute of Architects Tampa Bay, Merit Award (Unbuilt)
  • Multiple local, state, and international awards for design and sustainability

Sustainability Features:

  • Energy: Solar panels, high-efficiency appliances, EV parking, permeable pavers
  • Water: Cisterns, stormwater vaults, rainwater harvesting for rooftop gardens
  • Light & Structure: Daylight harvesting, green roofs, biophilic interior design
  • Indoor Air Quality: MERV 13+ filters, 25% vegetated open space

Key Opportunity:
The sale includes fully entitled hotel plans, civil engineering, architectural designs, tax incentives, and the potential for Florida’s only LEED-certified hotel on the west coast.

The land with full entitled hotel plans for 170+/- keys with parking and rooftop restaurant, civil engineering, full design plans, all tax incentives. Site plan is approved and only needs engineering to submit for permits.

🌿 Be part of Sarasota’s future with this innovative and eco-friendly hotel development!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
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Dispo Sherman

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