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Property profile & analytics

1605 Main St Sarasota, FL 34236-5840

  • Office buildings
  • 142,522 SF
  • 1.76 lot acres
OFF-MARKET
Value Estimations
$33,105,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US19-0437030
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.

Current Use by Public Records

  • Seneca Foods Corporation / Grocery Store
  • Bank of America Mortgage / Mortgage Lender
  • Aqua Source Inc / Aquaculture Farm
  • Richard Swithers - Prudential Financial / Investment Service / Financial Consultant
  • MSC Title / Title Company

Property Details for 1605 Main St

Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.76 lot acres
Property size
142,522 SF
Zone code
DTC
Property type
Office buildings
APN
2027-02-0021
APU
2027020021

Description

This exceptional 5,675 square foot creative office suite is available for sublease on the third floor of a thirteen-story building located at 1605 Main Street in Sarasota, Florida, zip code 34236. The property is a single-tenant space within a Class B building constructed in 1969. The building itself consists of one structure with thirteen stories. The suite offers a flexible layout ideal for a variety of creative businesses. Its prime location in Sarasota provides easy access to major roadways, amenities, and a vibrant urban environment. This sublease presents a unique opportunity to secure high-quality office space in a desirable location at a potentially advantageous rate. The property type is officially classified as an office, and the specific subtype is creative office. The building's total square footage is not currently available. This single-tenant space is situated in a well-established building, offering a blend of character and modern functionality. Interested parties are encouraged to inquire for further details and to schedule a viewing. The latitude and longitude coordinates for the property are 27.3331293 and -82.5456374 respectively.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $36,940,000
    6.5%
    $34,100,000
    7%
    $31,665,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $32,252,000
    Market price range: $22.9M - $74.0M

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


Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.5377
Latitude
27.3378
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
$422,423
$7,025,900
$21,551,800
$28,577,700
-
$7,025,900
$21,551,800
$28,577,700
More about this property
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