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    Property profile & analytics

    1681 11th St Sarasota, FL 34236-2656

    • Warehouses
    • 8,000 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US18-8783960
    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

    • Sarasota Medical WasteX Disposal / Health Consultant
    • Designer's Resource of Florida / Flooring Contractor / Furniture Manufacturer

    Property Details for 1681 11th St

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.40 lot acres
    Property size
    8,000 SF
    Zone code
    IGD
    Property type
    Warehouses
    APN
    2025-15-0059
    APU
    2025150059

    Description

    This exceptional 8,000-square-foot warehouse, located at 1681 11th St in Sarasota, Florida (zip code 34236), presents a compelling owner-user opportunity. The property, situated on a sizable 17,244-square-foot lot (APN 2025150059), is zoned IGD/Industrial General District, allowing for versatile usage. Originally constructed in 1961 and renovated in 1977, the building offers a blend of established infrastructure and potential for customization. The asking price is $1,750,000, translating to a price per square foot of $225. This light industrial building is ideal for various warehouse storage uses. The property is offered as a sale, with a lease option also available at a rate of $16 per square foot, NNN. This location within Sarasota County offers excellent access to transportation networks and a thriving local economy. The property's designation as an Opportunity Zone presents additional investment advantages. This is a rare chance to acquire a well-situated, functional warehouse in a desirable Florida market. The property's size and zoning make it suitable for a range of industrial and storage applications. Serious inquiries are encouraged.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $455,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $375,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $415,000
      Mixed-Use
      $495,000
      Hospitality
      $460,000
      Educational
      $410,000
      Residential Income
      $495,000
      Energy
      $465,000
      Income-Based Land
      $440,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5368
    Latitude
    27.3467
    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
    $8,088
    $233,300
    $249,700
    $483,000
    -
    $233,300
    $249,700
    $483,000

    Comparable in this City

    • Value Estimation
      $795,000
      8,936 SF

      1950 11th St

      WAREHOUSE, STORAGE • 8,936 SF
      1950 11th St, Sarasota, FL 34236-2640
      View Details
    • Value Estimation by Request
      67,036 SF

      1003 Orange Ave

      MINI-WAREHOUSE, STORAGE • 67,036 SF
      1003 Orange Ave, Sarasota, FL 34236-4102
      View Details
    • Value Estimation
      $5,300,000
      12,544 SF

      1074 Orange Ave

      WAREHOUSE, STORAGE • 12,544 SF
      1074 Orange Ave, Sarasota, FL 34236-4103
      View Details
    • Value Estimation
      $2,170,000
      1,598 SF

      1003 Orange Ave

      MINI-WAREHOUSE, STORAGE • 1,598 SF
      1003 Orange Ave, Sarasota, FL 34236-4102
      View Details
    • Value Estimation
      $400,000
      4,798 SF

      1122 Goodrich Ave

      WAREHOUSE, STORAGE • 4,798 SF
      1122 Goodrich Ave, Sarasota, FL 34236-2617
      View Details
    • Value Estimation
      $375,000
      1,980 SF

      1066 Central Ave

      WAREHOUSE, STORAGE • 1,980 SF
      1066 Central Ave, Sarasota, FL 34236-3315
      View Details

    Similar Nearby for Sale

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      Modern Industrial Flex Building

      24,000 SF industrial flex building near Downtown Sarasota.
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    • $1,700,000

      Sarasota Industrial Property for Sale

      Industrial property available for purchase in Sarasota, Florida.
      1681 11Th St, Sarasota, FL 34236
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    Similar Nearby for Lease

    • $14 SF/Yr
      2,200 SF

      Functional Industrial Space For Lease

      Suites ideal for light industrial, contractors, and office-warehouse operations.
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      View Details
    • $15 SF/Yr
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      Modern Facility in Sarasota

      High-quality office and warehouse space available for lease.
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      View Details
    • $13 SF/Yr
      8,815 SF

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      8,815 SF freestanding building with showroom, offices, and warehouse.
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    • $25 SF/Yr
      7,445 SF

      Downtown Sarasota Office Space

      7,445 sq ft Office Suite Available
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    • $33 SF/Yr
      93,756 SF

      Courthouse Centre Office Space

      Sarasota, FL Office Suites Available
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    • $20 SF/Yr
      5,490 SF

      Downtown Sarasota Office Space

      Premier office space in downtown Sarasota with panoramic views.
      50 Central Ave, Sarasota, FL 34236
      View Details
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    Sarasota, FL 34236-2656
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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