Entity Owned Property summary
This exceptional value-add opportunity presents the Nokomis Inn & Suites, a 23-unit motel situated on 1.21 acres in Sarasota County, Florida. Located just three minutes from Nokomis Beach and directly on Route 41 (Tamiami Trail) with 46,000 AADT, this property boasts a prime location in a non-flood zone (Zone X). The motel comprises five single-story buildings constructed in 1952 and 1957, with significant interior and exterior improvements completed in 2016 and 2019, including updated PVC… plumbing throughout. The solid masonry construction provides a strong foundation for future development. Currently operating as a limited-service boutique motel, the property is zoned CG, allowing for a diverse range of redevelopment options, including potential conversion to apartments, given the existing kitchenettes in some units and a full kitchen in one unit. The property also features a sizable in-ground pool, lush landscaping, a sandy beach area, hammocks, and a tiki hut. The asking price is $3,250,000, representing a price per key of $141,304, with a current cap rate of 9.20% and a pro-forma cap rate of 10.27%. Surrounding new developments include a Hilton Home2 Suites, a Holiday Inn Express, a Wawa, and a Woodies Wash Shack, further highlighting the area's growth potential. The large northwest portion of the parcel offers ample space for additional parking or common area amenities. This is a rare opportunity to acquire a well-located property with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,240 SF
- Lot area
- 1.21 ac
- Year built
- 1952
- Stories
- 1
- APN
- 0171-10-0024
- Zoning
- CG
- Assessed value · 2023
- $1,778,900
- Annual tax · 2023
- $18,145
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Location Insight
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