Technical
Financial
Distress signals
Property profile

1236 13Th St Sarasota, FL 34236

FOR SALE
Multifamily properties
Property ID
US18-3195691
4,402 SF Built 1961
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Property summary

AI-generated overview

This five-unit multifamily building is zoned for short-term rental use and contains four one-bedroom units along with one larger two-bedroom unit that includes an additional den area. The property is configured to operate as-is for rental use, with the physical setup allowing for potential future upgrades such as added amenities and/or an elevator depending on the building layout. It is located along the Downtown Sarasota perimeter in an area described as convenient to local attractions, including proximity to downtown restaurants and performing arts venues, as well as Bayside Park and nearby Bayfront Park and Bay County Park. The Sarasota and Manatee County beaches are noted as accessible.

Property profile

Verified
Property type Multifamily properties
Year built 1961
Total area 4,402 SF
UPID US18-3195691

Cap rate & NOI

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

Location

1236 13Th St Sarasota, FL 34236
Sarasota metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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