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    101 Paramount Dr Sarasota, FL 34232

    Sponsored
    For Lease
    $32 SF/Yr

    Class A waterfront office space available.

    Lot size:
    157,351 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Class A, Energy Star-rated office building, situated in Sarasota County, offers multiple tenancy options within a stunning waterfront setting. The 157,351 square foot, three-story building, constructed in 1999, boasts two available suites ranging from 5,522 to 7,314 square feet. Located minutes from the I-75/Fruitville Road Interchange, this property enjoys a highly desirable location with convenient access to restaurants, shopping, and other amenities. The park-like campus features lush landscaping and mature live oak trees, enhancing its appeal and walkability. Building amenities include secure card access, conference centers, a fitness center, and a spacious lakeside patio. Ample parking is provided, with 928 spaces offering a generous 6.25 spaces per 1,000 square feet. The building's high-end finishes and common areas create a professional and inviting atmosphere for both employees and clients. This is a prime opportunity to secure prestigious office space in a sought-after location.

    Property Features for 101 Paramount Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    157,351 SF
    Class
    A
    Total Rate
    419602.67

    Building Details

    Year Built
    1999
    Stories
    3

    Unit(s) available at that property

    Space
    230
    Size
    5,522 SF
    Rate per SF
    $32
    Space
    Suite 250
    Size
    7,314 SF
    Rate per SF
    $32

    HighLights

    • Class A, 157,351 SF office building in Sarasota County.
    • Multiple tenancy executive office suites available, ranging from 5,522 SF to 7,314 SF.
    • Located minutes from I‑75/Fruitville Road Interchange, offering high walkability to restaurants and shopping.
    • Energy Star rated building with attractive waterfront setting, lush landscaping, and ample parking (6.25 spaces per 1,000 SF).
    • Building amenities include security card access, conference centers, fitness center, and lakeside patio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vertex, Inc. Software Company Konica Minolta Business ... Business To Business Service Associa Gulf Coast Property Management Company CB Richard Ellis Real Estate Agency Andrea Afanador Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4570816
    Latitude
    27.3346726

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    FAQs

    What type of property is this?
    Office Property / Space - Class A waterfront office space available.
    Where is this office property / space located?
    The property is located at 101 Paramount Dr Sarasota, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: Class A, 157,351 SF office building in Sarasota County.; Multiple tenancy executive office suites available, ranging from 5,522 SF to 7,314 SF.; Located minutes from I-75/Fruitville Road Interchange, offering high walkability to restaurants and shopping.
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    101 Paramount Dr Sarasota, FL 34232
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    Sarasota, FL 34232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Paramount Dr Sarasota, FL 34232
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