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    1500 Washington Blvd Sarasota, FL 34236-2723
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    Property profile & analytics

    1500 Washington Blvd, Sarasota, FL 34236-2723

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    • Manufacturing properties
    • 22,434 SF
    • 2.72 lot acres
    Off-Market
    Last Sale Sep 22, 2023
    $5,100,000
    Property ID
    US18-3732023
    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
    $4,955,000
    Show details
    Cap Rate Potential
    4.7%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Mail It LLC / Postal Service / Courier Service

    Property Details for 1500 Washington Blvd

    Year built
    1973
    Lot size
    2.72 lot acres
    Zone code
    IGD
    Property type
    Manufacturing properties
    APN
    2023-04-0016
    APU
    2023040016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 22, 2023 $5,100,000 Xutai Development LLC Se Serbin Properties LLC Warranty Deed —
    Feb 5, 2019 — Serbin Properties LLC — Deed · related $3.7M · Synovus Bk
    Feb 4, 2011 — Alarm Specialist Corp Serbin Properties LLC Grant Deed · related —
    — — Serbin Properties LLC — Deed Of Trust · related $430k · Insignia Bank
    — — Serbin Properties LLC — Deed Of Trust · related $3.7M · Synovus Bk
    — — Serbin Properties LLC — Deed Of Trust · related $770k · Insignia Bank
    — — Serbin Properties LLC — Deed Of Trust · related $100k · Freedom Bank
    — — Serbin Properties LLC — Deed Of Trust · related $3M · First America Bk/fl

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,510,000
      ML approach
      $5,790,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,310,000
      6.5%
      $3,980,000
      7%
      $3,695,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,243,000
      Market price range: $3.58M - $7.35M
      AI Estimate
      $3,049,000
      Market price range: $2.35M - $5.04M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,925,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5292
    Latitude
    27.3508
    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
    $37,490
    $1,540,300
    $858,000
    $2,398,300
    -
    $1,540,300
    $858,000
    $2,398,300
    More about this property
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