Financial
Distress signals
Property profile

505 Orange Ave C1 Sarasota, FL 34236

OFF-MARKET
Office Spaces
Property ID
US18-5992986
1,850 SF 0.04 ac lot Built 2007
Last sale Jan 2020 · $1,150,000
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional investment opportunity presents a two-story, 3,863-square-foot Class B office condo located at 505 S. Orange Ave., Sarasota, FL 34236. Built in 2007, this property boasts a desirable Downtown Core (DTC) zoning, ensuring high visibility and accessibility within the thriving Sarasota market. Currently, a triple-net (NNN) lease is in place, expiring June 30th, 2027, and yielding a 6.00% capitalization rate. The asking price is $1,525,000, translating to $394.77 per square foot.

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?
$8k
Tax billed · 2023
Assessed value$524k
Assessed improvement$524k
Effective rate1.46%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
Sales comparison$1.18M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$632/SF
ZIP average, outlier-cleaned · 84 recorded sales of this use type
Observed band · Q1–Q3$362 – $1,132
Qualifying comparables7

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?
DTC
The Downtown Core (DTC) district is a very dense mixed-use urban area
General categoryMIXED_USE
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.3
Shoe Repair7.7
Kid Store7.4

Location

505 Orange Ave, Unit C1 Sarasota, FL 34236-7575
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales 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
786 Orange, Sarasota, FL 34236-7718 $3,500,000 May 2025 1,910 SF
1545 Mound, Sarasota, FL 34236-7787 $3,600,000 Mar 2025 2,467 SF
1544 1st, Sarasota, FL 34236-8502 $2,100,000 Sep 2024 1,600 SF
1501 Laurel, Sarasota, FL 34236-7039 $2,250,000 Mar 2024 1,424 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 505 Orange Ave, Unit C1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message