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    101 Paramount Dr Sarasota, FL 34232
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    Property profile & analytics

    101 Paramount Dr Sarasota, FL 34232


    • Office buildings
    • 157,351 SF
    • 10.98 lot acres
    Class A Office Building For Lease
    $37,735,000

    Class A Office Building

    Energy Star rated office building with waterfront views and amenities.

    101 Paramount Dr, Sarasota, FL 34232
    View Listing
    Property ID
    US19-0321371
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vertex, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • Konica Minolta Business Solutions / Business To Business Service / Business Development Service
    • Associa Gulf Coast / Property Management Company
    • CB Richard Ellis / Real Estate Agency
    • Andrea Afanador / Bar & Pub

    Property Details for 101 Paramount Dr

    Year built
    1999
    Lot size
    10.98 lot acres
    Property size
    157,351 SF
    Zone code
    ILW
    Property type
    Office buildings
    APN
    0047-06-0002
    APU
    47060002

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $40,785,000
      6.5%
      $37,650,000
      7%
      $34,960,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $36,530,000
      Market price range: $6.94M - $44.3M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $62,560,000
      RETAIL STORES
      $62,125,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4565
    Latitude
    27.3351
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $382,511
    $4,223,700
    $28,857,200
    $33,080,900
    -
    $4,223,700
    $28,857,200
    $33,080,900
    View Listing
    More about this property
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