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Property profile & analytics
OFF-MARKET
Estimated value
$4,765,000
Office buildings
3550 Tamiami Trl Sarasota, FL 34239-6014
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-8193566
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,580 SF
Lot
0.78 ac (33,791 SF)
Zoning code
CG
APN
2039-09-0004
UPID
US18-8193566
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Stephen Fernandez Law Firm
-
Bernard F Walsh Law Firm
-
Lee Institute of Plastic Surgery Physician Medical Clinic
-
Anyday Air Ducts & Dryer Vent Cleaning of Sarasota Hardware & Home Improvement HVAC Service
-
Tidewell Care Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.95M
CAP Approach
CAP
$4.21M
Comparable Approach
Comparable
$6.66M
Blend (final)
Blend
$4.77M
Owner & transaction history
Bella Caridad Properties LLC · 5 yrs held
Bella Caridad Properties LLC
since 2021
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
CG · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,920,000
ML approach
$5,950,000
CAP Approach
CAP Return
Estimation
6%
$4,555,000
6.5%
$4,205,000
7%
$3,905,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$7,725,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$4.77M
Range $4.29M – $5.24M · ±10% · vs last sale $4.10M (Jul 1 2021)
Last sale anchor
$4.10M
Jul 1 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$271 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$57,361
Tax year 2023
Assessed value
$3,571,400
Assessed 2023
Previous assessed
$3,685,500
-3.1% YoY
Effective rate
1.61%
On assessed value
Assessed land
$1,610,100
Assessed improvement
$1,961,300
Land market value
$1,610,100
Improvement market value
$1,961,300
Total market value
$3,571,400
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
3
Rooms
18
Bathrooms
8
Total area
17,580 SF
Lot
0.78 ac (33,791 SF)
Zoning code
CG
APN
2039-09-0004
UPID
US18-8193566
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Sarasota, FL
Zoning CG · permitted uses
CG · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$7.7M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
3
Rooms
18
Bathrooms
8
Lot
0.78 ac
Current owner
From public records · entity-resolved
Bella Caridad Properties LLC
Entity
Mailing address
5955 RAND BLVD, SARASOTA, FL 34238-5160
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
$4,100,000
Bella Caridad Properties LLC
Scata Real Estate LLC
Special Warranty Deed
—
Jul 9, 2015
—
Tidewell Real Estate LLC
Tidewell Hospice INC
Quit Claim Deed
—
Jul 17, 2014
$3,500,000
Tidewell Hospice INC
Dessberg,rodney
Grant Deed
—
May 28, 2002
$1,581,300
Rodney Dessberg
Suntrust Bank NA
Grant Deed
—
Feb 19, 2002
$2,000,000
Suntrust Bank Georgia
Huntington National Bank
Grant Deed
related
—
Jun 29, 1998
$414,100
Huntington National Bank
Barnett Bank
Grant Deed
related
—
—
—
3303 S Trail LLC
—
Deed Of Trust
related
$699,139 · Northern Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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