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7119 South Tamiami Trail

Sarasota, FL



Total Size
7,348 sqft 
Year Constructed
Year Renovated
Building Class
Class B  

About 7119 South Tamiami Trail

$500K PRICE REDUCTION! 7.7% CAP RATE. Buccaneer Plaza is located in a highly desirable and highly visible location just south of the Stickney Point Bridge, with 261’ of US41/S. Tamiami Trail frontage and plenty of parking. In 2010, the average annual daily traffic passing this plaza was 42,500 cars! The plaza currently has 12 commercial condo units, with 8 of those being available for sale as a package or as individual units. Three of the units are currently built out as a restaurant with all necessary equipment. 91% of the 8 available units are currently leased, with the remaining 4 units in the plaza outside of the 8 units being leased as well. Only one space in the plaza is currently vacant. There is an opportunity for a complete plaza purchase with the other unit owners. - Parking description: 50+ Spaces - Number of buildings: 1 - Class of space: Class B