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Financial
Distress signals
Property profile

100 Paramount Dr Sarasota, FL 34232

FOR SALE
Office buildings
Property ID
US18-5495760
83,451 SF 6.43 ac lot Built 1991
Last sale Jun 2007 · $15,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A Class A office building located minutes from the I-75 and Fruitville Road interchange, situated on a park-like campus with landscaping and live oak trees. The building includes suites with potential access to waterfront views, and shared common areas were being renovated, including the addition of a tenant lounge and gym. The HVAC system includes installed UV lights. A conference center is located on the second floor for tenant use. The property offers shaded parking for employees and clients, with a parking ratio of 5 spaces per 1,000 (as stated in the listing).

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?
$203k
Tax billed · 2023
Assessed value$17.54M
Assessed land$2.56M
Assessed improvement$14.99M
Effective rate1.16%

Value estimate

· Oct 2026
$19.97M
$17.97M – $21.96M
CAP approach$19.97M
Submarket $/SF estimate$19.37M
NOI build-up
Gross scheduled income$1.69M
Vacancy & credit loss−$169k
Operating expenses−$379k
NOI · 6.15% cap applied$1.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 353 recorded sales of this use type
Observed band · Q1–Q3$258 – $640

Cap rate analysis

How does the asset earn?
6.15%
$1.14M 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?
ILW
The intent and purpose of the ILW district is to permit light manufacturing, processing, storage and warehousing, wholesaling and distrib...
General categoryINDUSTRIAL
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.2
Parking Facility11.4
Laundry Service10.0

Location

100 Paramount Dr Sarasota, FL 34232
County assessor Recorded deeds · 8 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
4440 Fruitville, Sarasota, FL 34232-1926 $11,955,200 Mar 2024 23,192 SF
600 Cattlemen, Sarasota, FL 34232-6422 $19,000,000 Feb 2022 45,040 SF
4510 Fruitville, Sarasota, FL 34232-1906 $500,000 May 2021 35,051 SF
301 Cattlemen, Sarasota, FL 34232-6427 $45,200,000 Sep 2019 69,958 SF
501 Cattlemen Rd, Sarasota, FL 34232-6421 $45,200,000 Sep 2019 67,555 SF
551 Cattlemen Rd, Sarasota, FL 34232-6445 $45,200,000 Sep 2019 50,586 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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