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    Property profile & analytics

    202 Tamiami Trl Sarasota, FL 34236-4819

    • Hotels
    • 159,334 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 22, 2022
    $40,775,000
    Location Intelligence
    Property ID
    US18-5395730
    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

    • Embassy Suites by Hilton Sarasota / Hotel
    • Bridges Restaurant / Restaurant
    • Jebco Ventures / Property Management Company
    • Flowers & Balloons Above Srst / Hotel
    • SP+ Parking / Parking Garage

    Property Details for 202 Tamiami Trl

    Year built
    2018
    Lot size
    0.36 lot acres
    Property size
    159,334 SF
    Zone code
    DTB
    Property type
    Hotels
    Property subtype
    Motels
    APN
    2026-13-0049
    APU
    2026130049

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5464
    Latitude
    27.3383
    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
    $510,653
    $6,300,000
    $24,333,400
    $30,633,400
    -
    $6,300,000
    $24,333,400
    $30,633,400

    Comparable in this City

    • Value Estimation by Request
      81,337 SF

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      1401 Ringling Blvd

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      226,247 SF

      100 Marina Vw Dr, Unit 101

      HOTEL/MOTEL • 226,247 SF
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    • Value Estimation by Request
      58,776 SF

      700 Benjamin Franklin Dr

      HOTEL/MOTEL • 58,776 SF
      700 Benjamin Franklin Dr, Sarasota, FL 34236-2011
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    • Value Estimation by Request
      70,292 SF

      1290 Blvd Of The Arts

      HOTEL/MOTEL • 70,292 SF
      1290 Blvd Of The Arts, Sarasota, FL 34236-2900
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    • Value Estimation by Request
      194,736 SF

      1111 Ritz Carlton Dr

      HOTEL/MOTEL • 194,736 SF
      1111 Ritz Carlton Dr, Sarasota, FL 34236-5594
      View Details

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    Property Visit Statistics

    • Visits by month
      21.3k
    • Visitors by month
      5.9k
    • Avg Time on site
      372 min
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    202 Tamiami Trl
    Sarasota, FL 34236-4819
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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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