Financial
Distress signals
Property profile

2089 Hawthorne St Sarasota, FL 34239

FOR SALE
Medical Office Space
Property ID
US18-3698300
13,200 SF 1.11 ac lot Built 2002
Last sale Jul 2020 · $5,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a medical building totaling 13,200 square feet, including a 6,600-square-foot surgery center with four procedure rooms and an additional 6,600-square-foot medical office area on the second floor. It includes ample on-site parking and is located directly across the street from Sarasota Memorial Hospital. The building is positioned to provide access to barrier islands, downtown Sarasota, and Interstate 75. The interior is configured with a modern, versatile layout and includes natural light throughout common and office areas.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$63k
Tax billed · 2023
Assessed value$4.00M
Assessed land$1.32M
Assessed improvement$2.69M
Effective rate1.57%

Value estimate

· Sep 2026
$5.35M
$4.82M – $5.89M
CAP approach$3.73M
Sales comparison$5.51M
NOI build-up
Gross scheduled income$314k
Vacancy & credit loss−$17k
Operating expenses−$74k
NOI · 3.87% cap applied$223k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$338/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$240 – $417

Cap rate analysis

How does the asset earn?
3.87%
$223k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OPB
The OPB zone is intended to permit small business, professional and service related offices and to facilitate their proper development an...
General categoryCOMMERCIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop10.5
Convenience Store10.3
Electrical Service10.2

Location

2089 Hawthorne St Sarasota, FL 34239
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1427 Tamiami, Sarasota, FL 34239-2942 $7,000,000 Mar 2025 13,738 SF
2750 Bahia Vis, Sarasota, FL 34239-2600 $18,200,000 Sep 2024 67,752 SF
3325 Tamiami, Sarasota, FL 34239-5140 $7,050,000 Jun 2022 16,272 SF
2255 Tamiami, Sarasota, FL 34239-3806 $437,758 Sep 2021 7,713 SF
1700 Tuttle Ave, Sarasota, FL 34239-3110 $1,287,500 Jun 2021 6,146 SF
2003 Osprey, Sarasota, FL 34239-3820 $880,000 Dec 2019 3,523 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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