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    Property profile & analytics

    2831 Ringling Blvd Ste, Unit 123 Sarasota, FL 34237-5334

    • Office Properties & Spaces
    • 821 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    May 03, 2021
    Location Intelligence
    Property ID
    US18-4246418
    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

    • Office Properties & Spaces

    Property Details for 2831 Ringling Blvd Ste

    Year built
    1981
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    821 SF
    Zone code
    CN
    Property type
    Office Properties & Spaces
    APN
    2031-04-1036
    APU
    2031041036

    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
    -82.5128
    Latitude
    27.337
    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
    $520
    $0.00
    $122,900
    $122,900
    -
    $0.00
    $122,900
    $122,900

    Comparable in this City

    • Value Estimation by Request
      285 SF

      2201 Ringling Blvd Ste, Unit 204

      CONDOMINIUM OFFICES • 285 SF
      2201 Ringling Blvd Ste, Sarasota, FL 34237-6135
      View Details
    • Value Estimation by Request
      1,037 SF

      2831 Ringling Blvd Ste 121f

      CONDOMINIUM OFFICES • 1,037 SF
      2831 Ringling Blvd Ste 121f, Sarasota, FL 34237-5354
      View Details
    • Value Estimation
      $185,000
      1,037 SF

      2831 Ringling Blvd, Unit 105

      CONDOMINIUM OFFICES • 1,037 SF
      2831 Ringling Blvd, Sarasota, FL 34237-5334
      View Details
    • Value Estimation
      $240,000
      715 SF

      2831 Ringling Blvd Ste, Unit 216

      CONDOMINIUM OFFICES • 715 SF
      2831 Ringling Blvd Ste, Sarasota, FL 34237-5334
      View Details
    • Value Estimation by Request
      1,375 SF

      2639 Fruitville Rd Ste, Unit 101

      CONDOMINIUM OFFICES • 1,375 SF
      2639 Fruitville Rd Ste, Sarasota, FL 34237-5219
      View Details
    • Value Estimation
      $740,000
      2,096 SF

      2639 Fruitville Rd Ste, Unit 102

      CONDOMINIUM OFFICES • 2,096 SF
      2639 Fruitville Rd Ste, Sarasota, FL 34237-5219
      View Details

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    Similar Nearby for Lease

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      Furnished office space in downtown Sarasota with private rooms.
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    • $500 /Mo
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      Furnished Private Office Available

      Furnished private office and workstation available for professional office sharing.
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    • $24 SF/Yr
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      Penwest Park Office Suites

      Sarasota Office Space, Flexible Sizes
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      View Details
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    Sarasota, FL 34237-5334
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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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