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Property profile & analytics

3148 Southgate Cir Sarasota, FL 34239

  • Office buildings
  • 3,300 SF
  • 0.28 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US19-0564907
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

  • Sils Art Studio LLC. / Aromatherapy Service
  • Melanie Kasper / Wellness Center
  • Peace Of Heart LLC / Counselor
  • Paradise Natural Health Consulting / Health Consultant
  • Revitalize Reflex / Massage Therapist / Reflexologist

Property Details for 3148 Southgate Cir

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.28 lot acres
Property size
3,300 SF
Zone code
CN
Property type
Office buildings
APN
0057-08-0059
APU
57080059

Description

This exceptional 3,750-square-foot free-standing office building, located at 3148 Southgate Cir, Sarasota, FL 34239, presents a compelling investment opportunity. The Class B property, built in 1961, sits on a 12,000-square-foot lot and boasts 3,300 square feet of net rentable space, currently housing a mix of wellness and related service providers. The asking price is $1,469,000, translating to $424 per square foot. The single-story building features a mansard facade, stucco exterior, and a paved parking lot with approximately 29 spaces. Interior features include a versatile configuration with three separate suites, each with its own entrance and lobby, along with four restrooms and sixteen individual rooms. The property benefits from excellent street visibility and signage opportunities, a prime location minutes from downtown Sarasota, both local hospitals, Bee Ridge Road, Siesta Key, and I-75. Municipal water and sewer services are in place, and the property is zoned CN Commercial Neighborhood. The property includes standard utility easements. The APN is 0057080059. 2022 real estate taxes totaled $6,052.10. Financial details are available upon request with a signed Non-Disclosure/Confidentiality Agreement. This property is ideal for investors, particularly those seeking a 1031 exchange, or an operating business seeking a new home. Its proximity to Southgate Circle Park adds to its appeal. The building utilizes a central, electric heating system and an engineered air conditioning system. Internet access is available via cable.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $375,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $349,000
    Market price range: $350k - $892k

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


Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.5148
Latitude
27.3059
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
$6,834
$240,200
$243,800
$484,000
-
$240,200
$243,800
$484,000
More about this property
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