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Property profile & analytics
FOR LEASE
Office buildings
3801 Bee Ridge Rd Sarasota, FL 34232
Entity Owned
~
Est. High Equity
Property ID
US18-4253381
For Lease
1 / 3
$13.50 SF/Yr
3801 Bee Ridge Rd, Sarasota, FL 34232
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,516 SF
Lot
1.68 ac (73,184 SF)
Zoning code
OPI
APN
0061-14-0001
UPID
US18-4253381
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
-
ActivAge Sarasota Adult Day Care
-
Sunways Senior Living Concierge Nursing Home Retirement Community
-
Machado Property Pros Real Estate Agency
-
Dr. Daniel Hume Pediatrician Physician
-
CSI-Catalano's Nurse Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.78M
CAP Approach
CAP
$3.95M
Comparable Approach
Comparable
$4.31M
Blend (final)
Blend
$3.86M
Owner & transaction history
3801 Bee Ridge LLC
3801 Bee Ridge LLC
since 2025
Last sale
$5.0M
4 recorded transactions
Zoning & alternative use
OPI · 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
$3,780,000
ML approach
$3,775,000
CAP Approach
CAP Return
Estimation
6%
$4,280,000
6.5%
$3,950,000
7%
$3,670,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,915,000
Current use
MEDICAL BUILDING
$4,895,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±10% · vs last sale $4.95M (Nov 26 2025)
Last sale anchor
$4.95M
Nov 26 2025
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
$233 / 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
$34,504
Tax year 2023
Assessed value
$2,459,600
Assessed 2023
Previous assessed
$2,614,700
-5.9% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,446,600
Assessed improvement
$1,013,000
Land market value
$1,446,600
Improvement market value
$1,013,000
Total market value
$2,459,600
Applied tax rate
100.0000
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
Status
For Lease
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
52
Bathrooms
19
Total area
16,516 SF
Lot
1.68 ac (73,184 SF)
Zoning code
OPI
APN
0061-14-0001
UPID
US18-4253381
Jurisdiction
SARASOTA
Zoning & alternative use
OPI · Sarasota, FL
Zoning OPI · permitted uses
OPI · 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
OFFICE BUILDING Current
Est. value
$4.9M
MEDICAL BUILDING
Est. value
$4.9M
OFFICE BUILDING Current
MEDICAL BUILDING
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
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
52
Bathrooms
19
Lot
1.68 ac
Current owner
From public records · entity-resolved
3801 Bee Ridge LLC
Entity
Mailing address
126 E OLYMPIA AVE STE #301, PUNTA GORDA, FL 33950-3800
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
$4,950,000
3801 Bee Ridge LLC
Dallas Investments LLC
Special Warranty Deed
$3,500,000 · Gte FCU
Feb 1, 2022
$2,837,500
Dallas Investments LLC
Stephen J Simmons
Special Warranty Deed
$2,234,500 · South State Bank National Associati
Feb 19, 2004
—
Simmons Bernard T Trust
—
Trustees Deed
related
$500,000 · Wipke Harold Trust (tr)
—
—
Simmons Bernard T Trust
—
Deed Of Trust
related
$213,921 · Wipke Harold Trust (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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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