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Financial
Distress signals
Property profile

1891 Porter Lake Dr Sarasota, FL 34240

FOR SALE
Industrial properties
Property ID
US18-8579448
1.58 ac lot
Last sale Jul 2026 · $100
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,296-square-foot flex space condo in Sarasota, Florida, offers a versatile layout ideal for a variety of businesses. Built in 2005, the property is located at 1891 Porter Lake Dr, 34240, in the Porter Lake submarket, providing convenient access to the I-75 corridor, just south of Palmer Boulevard. The unit features a front area perfect for showroom display, complemented by two offices and two restrooms. A sizable warehouse/storage area is climate-controlled for optimal product…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026
$245k
$221k – $270k
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 4.16% cap applied$22k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.16%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PID
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office25.0
Restaurant24.9
Realty agency19.4

Location

1891 Porter Lake Dr Sarasota, FL 34240
County assessor · not on file Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6321 Porter Rd, Sarasota, FL 34240-9611 $515,000 Dec 2025 1,935 SF
1873 Porter Lk, Sarasota, FL 34240-7893 $495,000 Dec 2025 1,896 SF
901 Sarasota Ctr, Sarasota, FL 34240-7816 $2,438,900 Jul 2025 59,000 SF
8294 Blaikie, Sarasota, FL 34240-8322 $440,000 Jun 2025 1,711 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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