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    240 Tuttle Ave Sarasota, FL 34237-6334

    • Specialty properties
    • 6,600 SF
    • 1.22 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US18-5305926
    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

    • Phoenix Lodge No. 346 / Fraternal Organization / Charity
    • Scottish Rite Club of Sarasota / Fraternal Organization
    • ifpas / Masonic Center

    Property Details for 240 Tuttle Ave

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.22 lot acres
    Property size
    6,600 SF
    Zone code
    MCI
    Property type
    Specialty properties
    APN
    2029-08-0052
    APU
    2029080052

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $390,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $305,000
      7%
      $270,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $340,000
      Mixed-Use
      $320,000
      Hospitality
      $260,000
      Educational
      $325,000
      Residential Income
      $275,000
      Energy
      $320,000
      Income-Based Land
      $340,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5146
    Latitude
    27.3344
    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
    $2,769
    $808,700
    $431,200
    $1,239,900
    -
    $808,700
    $431,200
    $1,239,900

    Comparable in this City

    • Value Estimation by Request
      33,144 SF

      3100 Fruitville Rd

      CHARITABLE ORGANIZATION • 33,144 SF
      3100 Fruitville Rd, Sarasota, FL 34237-5342
      View Details
    • Value Estimation
      $355,000
      3,600 SF

      2001 Princeton St

      KENNEL • 3,600 SF
      2001 Princeton St, Sarasota, FL 34237-3423
      View Details
    • Value Estimation by Request
      6,303 SF

      2139 Main St

      CHARITABLE ORGANIZATION • 6,303 SF
      2139 Main St, Sarasota, FL 34237-6023
      View Details
    • Value Estimation by Request
      7,826 SF

      201 Tuttle Ave

      CHARITABLE ORGANIZATION • 7,826 SF
      201 Tuttle Ave, Sarasota, FL 34237-6333
      View Details
    • Value Estimation
      $1,240,000
      14,798 SF

      2635 Fruitville Rd

      CHARITABLE ORGANIZATION • 14,798 SF
      2635 Fruitville Rd, Sarasota, FL 34237-5222
      View Details
    • Value Estimation
      $360,000
      2,340 SF

      421 Lime Ave

      CHARITABLE ORGANIZATION • 2,340 SF
      421 Lime Ave, Sarasota, FL 34237-5124
      View Details

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    240 Tuttle Ave
    Sarasota, FL 34237-6334
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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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