Financial
Distress signals
Property profile

429 Lime Ave Sarasota, FL 34237

OFF-MARKET
Retail space
Property ID
US18-2499044
5,000 SF 0.39 ac lot Built 1995
Last sale Apr 2023 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A modern industrial office space in Sarasota, Florida, renovated in 2024. The office suite is configured with a reception area, a conference room, four private offices, a larger open room suitable for a bullpen or similar workspace, and a kitchenette. Interior finishes include white walls with gold accents, LED lighting, glass doors, polished concrete flooring, and black painted exposed ceilings. The property provides adequate parking, signage, and storage, and is located within minutes of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$808k
Assessed land$366k
Assessed improvement$442k
Effective rate1.42%

Value estimate

· Sep 2026
$1.68M
$1.51M – $1.84M
AI approach$1.73M
CAP approach$1.20M
Sales comparison$1.87M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
Submarket average, outlier-cleaned · 155 recorded sales of this use type
Observed band · Q1–Q3$239 – $674

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DTE
The Downtown Edge (DTE) district is a densely mixed-use area typically located along a pedestrian way or a roadway within a neighborhood
General categoryMIXED_USE
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Florist
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Florist9.6
Shoe Repair8.8
Bakery8.7

Location

429 Lime Ave Sarasota, FL 34237-5124
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2490 12th, Sarasota, FL 34237-2908 $945,000 Apr 2025 3,651 SF
2031 13th, Sarasota, FL 34237-2705 $1,270,000 Mar 2025 4,550 SF
2272 Main, Sarasota, FL 34237-6108 $1,000,000 Jun 2022 4,845 SF
2065 12th, Sarasota, FL 34237-2701 $400,000 Jan 2022 4,800 SF
2257 Fruitville, Sarasota, FL 34237-6116 $6,100,000 Apr 2021 5,539 SF
3577 Fruitville, Sarasota, FL 34237-9027 $3,584,400 Oct 2019 4,946 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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