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    1990 Main St Sarasota, FL 34236
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    Property profile & analytics

    1990 Main St Sarasota, FL 34236


    • Office buildings
    • 22,500 SF
    • 1.11 lot acres
    Downtown Sarasota Mixed-Use Building For Lease
    $11,020,000
    22,700 SF

    Downtown Sarasota Mixed-Use Building

    Mixed-use building in downtown Sarasota with flexible leasing options.

    1990 Main St, Sarasota, FL 34236
    View Listing
    Property ID
    US18-8630621
    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
    Location Intelligence

    Current Use by Public Records

    • Abogados USA / Law Firm
    • Marten Law PA / Law Firm
    • Debt Negotiation Florida / Financial Advisor
    • National Estate Jewelry Buyers / (Bike/Boat/Book/etc) Store
    • RedSwipe.com, LLC. / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 1990 Main St

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.11 lot acres
    Property size
    22,500 SF
    Zone code
    DTC
    Property type
    Office buildings
    APN
    2027-01-0084
    APU
    2027010084

    Description

    Courthouse Centre, located at 1990 Main Street in Sarasota, Florida 34236, offers a prime leasing opportunity. This Class A office building, constructed in 2004, boasts 93,756 square feet of space and currently has 33,185 contiguous square feet available for lease on the 8th floor. The space is highly adaptable and can be subdivided to accommodate tenants' specific needs, with a minimum leasable area of 3,000 square feet. The building's strategic downtown location at the busy intersection of US-301 and Ringling Boulevard provides excellent visibility and accessibility. Ample parking is available with a generous 3:1000 ratio included in the rent, and an overall ratio of approximately 4.2:1000. The property also offers unique branding opportunities with naming rights on the top floor exterior. The building is suitable for traditional office, executive office, and medical office uses. This is a rare opportunity to secure a highly visible and adaptable space in a thriving Sarasota location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $11,678,000
      Market price range: $3.61M - $11.7M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $14,220,000
      Current use
      RETAIL STORES
      $17,815,000
      Change: +25% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $15,780,000
      Change: +11% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $15,675,000
      Change: +10% Conversion: Easy
      RESTAURANT
      $13,950,000
      Change: -2% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5315
    Latitude
    27.336
    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
    $427,278
    $4,979,500
    $25,954,800
    $30,934,300
    -
    $4,979,500
    $25,954,800
    $30,934,300
    View Listing
    More about this property
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