501-505-499 S Tamiami TRAIL S, Nokomis, FL, 34275 | $4,800,000

Located in the heart of Nokomis, Florida, 499-501-505 South Tamiami Trail offers an exceptional commercial property that combines a prime location with ample space, making it a perfect investment for a variety of businesses. This property is ideally positioned on a bustling thoroughfare, ensuring maximum visibility and easy access for clients and customers.
The property spans on an impressive area of 1. 5 acres on 3 separate lots, providing 2 buildings, one with over 2, 600 square feet and office space and the second building with over 3, 000 square feet of versatile space suitable for various commercial uses. Zoned CG per county Zoning code. Whether you are looking to establish a retail store, office space, restaurant, marina or a combination of uses, this property offers the flexibility to meet your business needs. The layout is designed to accommodate high traffic, the 500 feet of waterfront with over 150 feet of dockage and one lift make it a very unique and ideal commercial investment.
One of the standout features of 499-501-505 South Tamiami Trail is its strategic location. The property can be accessed by water or road. Positioned on a major artery of Nokomis, it benefits from high daily traffic counts, ensuring your business will receive the exposure it needs to thrive. The surrounding area is a vibrant mix of residential neighborhoods and commercial establishments, creating a dynamic environment that attracts both locals and visitors.
The property boasts ample parking, a critical asset for any business operation. Easy access to the parking area ensures convenience for customers, enhancing their overall experience.
In summary, 499-501-505 South Tamiami Trail in Nokomis, Florida, represents a unique commercial real estate opportunity. With its prime location, waterfront property, and versatile space, it is an ideal choice for entrepreneurs and established businesses looking to expand. Don’t miss the chance to secure a prime spot in one of Florida’s thriving commercial corridors.

Features

  • Property Type: Mixed Use
  • Construction: Block, Concrete
  • Garage: Ground Level, Lighted, Over 30 Spaces
  • Levels: 1
  • Cooling: A/C - Office Only
  • Year Built: 1967
  • Approx Sq. Feet: 2,160
  • Acreage: 0.27
  • Est. Taxes: $7,770
  • Lot Desc: FloodZone, Out Parcel, Oversized Lot, Sidewalk, Sloped, Street Lights, Waterfront
  • MLS#: A4615224
  • Days on Market: 115 days
  • Website: https://www.raveis.com
    /prop/A4615224/501505499stamiamitrails_nokomis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 8:17:09 PM)
Listing courtesy of ACTION REALTY OF SARASOTA LLC   Phone: 941-504-7618

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501-505-499 S Tamiami TRAIL S, Nokomis, FL, 34275

$4,800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,840,000 $3,840,000 $3,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $648 $648 $648
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,588 $24,906 $33,715
Total Monthly Payment $25,361 $25,679 $34,488

* 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.