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Property profile & analytics
OFF-MARKET
Commercial real estate
1620 Main St Sarasota, FL 34236-5824
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-7649756
Property summary
AI-generated overview
This exceptional 1,054 square foot office suite, located at 1620 Main Street, offers a prime downtown location. Situated on the ground floor within a twelve-suite building, this single-tenant space boasts a beautiful courtyard entrance off Main Street. The suite itself is nestled in the rear of the building, providing a tranquil atmosphere while maintaining easy access to the vibrant downtown area. The layout includes a welcoming reception area, three private offices each benefiting from natural light thanks to their window placement, and a spacious training/conference room ideal for meetings or collaborative work. A unique feature is a 4x14 foot garden area adjacent to the reception, offering a touch of nature within the workspace. Shared restrooms are conveniently located outside the suite. Built in 1972 and zoned DTC, this property presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office space in the heart of the city. The building's design and location combine to create a professional and inviting environment. This is a rare opportunity to secure a well-maintained and functional office space in a desirable downtown location.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Lot
0.16 ac (6,954 SF)
Zoning code
DTC
APN
0000-00-7189
UPID
US18-7649756
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dattoli + Kaminski MD Supplements (Bike/Boat/Book/etc) Store Pharmacy
-
Tiara Trading LLC Clothing Store
-
Chrome Realty Real Estate Agency
-
CHAMPVA Supplement Physician
-
Oceanview Publishing Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mall 3prime LLC
Mall 3prime LLC
since 2026
7 recorded transactions
Zoning & alternative use
DTC · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Applied tax rate
9,500.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMON AREA (COMMERCIAL)
Status
Off-Market
Heating
NONE
Lot
0.16 ac (6,954 SF)
Zoning code
DTC
APN
0000-00-7189
UPID
US18-7649756
Jurisdiction
SARASOTA
Zoning & alternative use
DTC · Sarasota, FL
Zoning DTC · permitted uses
DTC · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Mall 3prime LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2381 FRUITVILLE RD, SARASOTA, FL 34237-6118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2026
$100
Mall 3prime LLC
3prime Financial LLC
Warranty Deed
related
—
Jan 5, 2026
$340,000
Agri Development Holdings Fl LLC
Vangas Valle LLC
Warranty Deed
—
Feb 21, 2024
—
Dd Ent LLC
—
Deed
related
$100,000 · Ipava State Bank
Jan 31, 2024
$300,000
Agri Development Holdings Fl LLC
Novaluv LLC
Warranty Deed
$307,000 · Ipava State Bank
Jan 19, 2024
$300,000
Residential Rentals LLC
Zackery Adkins
Warranty Deed
$170,000 · Stearns Bank NA
Oct 31, 2023
$300,000
Agri Development Holdings Fl LLC
Matthew K Peters
Warranty Deed
$300,000 · Ipava State Bank
Aug 24, 2023
—
Agri Development Holdings Fl LLC
Isb Bancshares INC
Quitclaim Deed
related
$258,000 · Ipava State Bank
Aug 23, 2023
—
Matthew K Peters
Smk LLC
Warranty Deed
—
Mar 22, 2023
$600,000
Dd Ent LLC
Juli C Collins Investment Propertie
Warranty Deed
$750,000 · Ipava State Bank
Mar 1, 2023
$312,500
Adhfl Investment Fund LLC
Juli C Collins Investment Propertie
Warranty Deed
$318,000 · Ipava State Bank
Feb 23, 2023
$250,000
Vangas Valle LLC
Barbara Baseman Revocable Family Tr
Warranty Deed
$200,000 · Crews Bank & Trust
May 26, 2022
$250,000
3prime Financial LLC
Exp Pea Corp
Warranty Deed
$260,000 · Ipava State Bank
May 26, 2022
—
3prime Financial LLC
—
Deed
related
$260,000 · Ipava State Bank
Apr 25, 2022
$277,900
Zackery Adkins
Porter Heritage Properties LLC
Warranty Deed
$223,000 · Sabal Palm Bank
Apr 19, 2022
$500,000
Juli C Collins Investment Propertie
Dana S Watts
Warranty Deed
—
Jan 31, 2022
—
1620 Main Street LLC
Munda Interiors LLC
Quitclaim Deed
related
—
Sep 21, 2021
$246,000
Exp Fla Corp
Taylor Victoria LLC
Warranty Deed
$196,800 · Crews Bank & Trust
Mar 3, 2021
—
Novaluv LLC
John C Sciara
Quitclaim Deed
related
—
Nov 3, 2020
$140,000
3prime Financial LLC
Sdi Main Street LLC
Warranty Deed
—
Nov 3, 2020
$170,000
Isb Bancshares INC
Sdi Main Street LLC
Warranty Deed
—
May 15, 2020
—
Taylor Victoria LLC
V Young Ents INC
Warranty Deed
—
Jul 31, 2019
$137,000
John C Sciara
Deacon,william E
Warranty Deed
—
Jul 15, 2019
$140,000
V Young Ents INC
Collins,john M
Warranty Deed
—
May 31, 2019
$154,000
Juli C Collins Invs Prop LLC
Main 1620 LLC
Warranty Deed
—
May 24, 2018
—
Baseman Grantor Retained Annui Trust
Baseman Stephen J F/tr
Quitclaim Deed
—
Apr 16, 2018
$156,000
Porter Heritage Properties LLC
Defelice,l Martin
Warranty Deed
$124,800 · Charlotte St Bk&tr
Mar 22, 2017
$110,000
Munda Interiors LLC
Rudman,burton L
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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