Technical
Financial
Distress signals
Property profile

1235 15th St Sarasota, FL 34236

OFF-MARKET
Hotels
Property ID
US18-2919823
7,021 SF 0.28 ac lot Built 2008
Individually Owned 16-yr Hold
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,021 SF
Lot 0.28 ac (12,360 SF)
Zoning code NT
APN 2025-04-0062
UPID US18-2919823

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1235 15th St Sarasota, FL 34236-2541
Sarasota metro Census 200 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$1.91M

Owner & transaction history

since 2010
7 recorded transactions
2010
Price N/A
2005
Price N/A
2004
Price N/A
2004
Price N/A
2004
$62,500
1998
$62,500
1997
$52,500

Zoning & alternative use

NT · Sarasota, FL
Zoning description

The intent and purpose of the NT district is to permit a mix of neighborhood scale commercial; cultural and educational facilities; tourist accommodations and attractions; multifamily residential and mixed uses and to fa…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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