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Christen Gandy
REALTOR®
  • Main Photo

40 S Blvd Of The Presidents
Sarasota, FL 34236

$9,700,000

18 Total Photos [Click to View All]

Listing Details

  • $9,700,000
  • MLS# TB8516925
  • Type Commercial -
  • Status Active
  • 10,000
    Square Feet
  • 0.110 acres
    Lot Size
  • 1964
    Year Built

Listed By

Agency Name: LPT REALTY, LLC
Agency Contact: 877-366-2213

Shown By

Agent Name: Christen Gandy
Agent Phone: (850) 296-7823
Agency Title: Pupello Realty Company, LLC

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Home Value Estimate


Description

Rare Mixed-Use Investment & Redevelopment OpportunityUnique in its kind and virtually impossible to replicate, this prominent 10,000 SF mixed-use commercial asset is located within the one and only St. Armands Key district, one of the most exclusive and supply-constrained retail and dining destinations on Florida's Gulf Coast.Positioned on a highly visible corner lot with three street frontages, the property combines stabilized income with exceptional long-term redevelopment potential.The ground floor is currently leased to an operating restaurant under a five-year lease commenced August 2025, providing immediate income to the new owner....read more

Features

  • Central Air
  • 2.0 Stories
  • $55,864 Taxes
  • Built in 1964
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 1:18:23 AM EST) or Stellar MLS (last updated Sat 06/13/2026 1:14:03 AM EST). Real estate listings held by brokerage firms other than Pupello Realty Company, LLC may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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