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Financial
Distress signals
Property profile

1111 Ritz Carlton Dr Sarasota, FL 34236

OFF-MARKET
Hotels
Property ID
US18-4729190
194,736 SF 7.62 ac lot Built 2001
Last sale Apr 2018 · $172,289,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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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?
$2.02M
Tax billed · 2023
Assessed value$157.01M
Assessed land$16.56M
Assessed improvement$140.45M
Effective rate1.28%

Value estimate

· Oct 2026
$79.74M
$71.77M – $87.71M
Submarket $/SF estimate$111.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$757/SF
Submarket average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$646 – $1,000

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?
DTB
The Downtown Bayfront (DTB) district is identical to Downtown Core (DTC) above except that building heights shall be limited to a maximum...
General categoryCOMMERCIAL
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 Office11.3
Auto Parts Store8.7
Shoe Repair8.7

Location

1111 Ritz Carlton Dr Sarasota, FL 34236-5594
County assessor Recorded deeds · not on file 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

4 recorded sales · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
528 Polk, Sarasota, FL 34236-2037 $1,290,000 Jan 2025 5,780 SF
202 Tamiami, Sarasota, FL 34236-4819 $40,775,000 Apr 2022 159,334 SF
1223 Blvd Of The Arts, Sarasota, FL 34236-2901 $10,675,000 Dec 2021 54,275 SF
118 Indian, Sarasota, FL 34236-5800 $2,755,000 Nov 2020 9,510 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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