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Financial
Distress signals
Property profile

1945 Versailles St Sarasota, FL 34239

OFF-MARKET
Office buildings
Property ID
US18-5572095
12,768 SF 1 ac lot Built 1987
Last sale Apr 2022 · $6,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story medical office building located in Sarasota, Florida, just off S Tamiami Trail and approximately 1.23 miles from Sarasota Memorial Hospital. It is configured for medical office use and contains two first-floor suites with a total building size range of 4,176 to 8,352 square feet; the suites can be leased individually at 4,176 square feet each or combined for 8,352 square feet. The suites are separated by a covered breezeway. Unit 101 has a reception/waiting area,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$66k
Tax billed · 2023
Assessed value$4.23M
Assessed land$1.22M
Assessed improvement$3.02M
Effective rate1.57%

Value estimate

· Oct 2026
$8.00M
$7.20M – $8.79M
AI approach$8.28M
Submarket $/SF estimate$7.90M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$497/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$282 – $626
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop22.9
Building Supply19.6
Restaurant18.5

Location

1945 Versailles St Sarasota, FL 34239-6900
County assessor Recorded deeds · 5 transfers 3 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3700 Tamiami, Sarasota, FL 34239-6015 $2,925,000 Mar 2025 13,878 SF
2830 Bee Rdg, Sarasota, FL 34239-7115 $3,650,000 Jan 2025 6,863 SF
1428 Tamiami, Sarasota, FL 34239-2901 $2,250,000 Jul 2024 5,986 SF
2800 Tamiami, Sarasota, FL 34239-5103 $602,100 Mar 2022 6,686 SF
1901 Floyd, Sarasota, FL 34239-2932 $12,200,000 Jan 2022 27,011 SF
2344 Bee Rdg, Sarasota, FL 34239-6275 $550,000 Jan 2022 12,400 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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