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    1345 2Nd St Sarasota, FL 34236
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    Property profile & analytics

    1345 2Nd St, Sarasota, FL 34236

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    • Community centers
    • 8,165 SF
    • 0.12 lot acres
    Downtown Sarasota Mixed-Use Building For Sale
    $3,800,000
    8,165 SF

    Downtown Sarasota Mixed-Use Building

    Three-story mixed-use building in the heart of Downtown Sarasota.

    1345 2ND STREET, Sarasota, FL 34236
    View Listing
    Property ID
    US18-2910589
    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
    3%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Bowerman Artistry / Medical Clinic / Skin Care Clinic
    • Bradley Business Consultants, Inc / Consultant
    • Sparkle SRQ, LLC~Lash & Brow Studio @ The Laser Lounge Sarasota / Hair Salon / Nail Salon
    • The Laser Lounge Spa & Salon - Sarasota / Spa & Massage Center / Alternative Medicine Practice
    • Kristi Koepp Donato / Hair Salon

    Property Details for 1345 2Nd St

    Year built
    2000
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.12 lot acres
    Zone code
    DTC
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    2026-13-0088
    APU
    2026130088

    Description

    This exceptional three-story mixed-use building, totaling 8,165 square feet, presents a unique investment opportunity in the vibrant heart of Downtown Sarasota, Florida. Situated at 1345 2nd St, 34236, this property boasts a desirable location directly across from the Selby Public Library and within easy reach of Main Street's numerous amenities. Constructed in 2000 to high standards, the building currently features a ground floor salon, a second-floor medical spa, and a third-floor residential rental unit. The sale includes a separate 10,018 square foot lot (the building sits on this lot). While being sold vacant, the medical spa tenant has expressed interest in a long-term lease. The property is zoned DTC and offers significant potential for owner-occupancy or continued multi-tenant operation. The asking price is $5,757,900. This presents a rare chance to acquire a well-maintained, strategically located mixed-use asset in a thriving Florida market. The building's versatile layout and prime location make it ideal for a variety of uses, offering substantial returns on investment. Don't miss this opportunity to own a piece of Downtown Sarasota.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,835,000
      ML approach
      $4,870,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,364,000
      Market price range: $1.63M - $9.19M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $5,725,000
      Current use
      COMMERCIAL (GENERAL)
      $5,690,000
      Change: -1% Conversion: Easy
      OFFICE BUILDING
      $5,160,000
      Change: -10% Conversion: Moderate
      RESTAURANT
      $5,065,000
      Change: -12% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5436
    Latitude
    27.3383
    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
    $41,317
    $566,300
    $2,232,900
    $2,799,200
    -
    $566,300
    $2,232,900
    $2,799,200
    View Listing
    More about this property
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