Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Specialty properties
5050 Tamiami Trl Sarasota, FL 34234-3875
Individually Owned
6-yr Hold
Free & Clear
Property ID
US18-4613175
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,691 SF
Lot
1.18 ac (51,522 SF)
Zoning code
NT
APN
2001-10-0008
UPID
US18-4613175
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
-
US Coast Guard Auxiliary Flotilla 84 Volunteer Organization Charitable Organization
-
Sarasota Flotilla Inc Charitable Organization Social Service Agency
-
Barnacle Bill's Seafood Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.23M
Owner & transaction history
Sarasota Marine Safety Foun In · 6 yrs held
Sarasota Marine Safety Foun In
since 2020
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
NT · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.0M
+170.2%
Commercial (general)
$1.8M
+145.4%
Restaurant
$1.4M
+94.0%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,975,000
Change: +170% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,795,000
Change: +145% · Conversion: Difficult
RESTAURANT
$1,420,000
Change: +94% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,355,000
Change: +85% · Conversion: Difficult
OFFICE BUILDING
$950,000
Change: +30% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$940,000
Change: +29% · Conversion: Difficult
RETAIL STORES
$860,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±10% · vs last sale $1.05M (Jan 22 2020)
Last sale anchor
$1.05M
Jan 22 2020
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
$183 / 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
$21,579
Tax year 2023
Assessed value
$1,390,800
Assessed 2023
Previous assessed
$1,331,000
+4.5% YoY
Effective rate
1.55%
On assessed value
Assessed land
$871,800
Assessed improvement
$519,000
Land market value
$871,800
Improvement market value
$519,000
Total market value
$1,390,800
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Rooms
10
Bathrooms
2
Total area
6,691 SF
Lot
1.18 ac (51,522 SF)
Zoning code
NT
APN
2001-10-0008
UPID
US18-4613175
Jurisdiction
SARASOTA
Zoning & alternative use
NT · Sarasota, FL
Zoning NT · permitted uses
NT · 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
MEDICAL BUILDING
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
OFFICE BUILDING
Est. value
$950,000
INDUSTRIAL (GENERAL)
Est. value
$940,000
RETAIL STORES
Est. value
$860,000
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1957
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
10
Bathrooms
2
Lot
1.18 ac
Current owner
From public records · entity-resolved
Sarasota Marine Safety Foun In
Individual
Free & Clear · 6 yrs held
Mailing address
800 57TH ST E, BRADENTON, FL 34208-6202
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
$1,050,000
Sarasota Marine Safety Foun In
Fishing Harbor INC
Warranty Deed
—
Oct 31, 2006
—
Fishing Harbor INC
—
Trustees Deed
related
$250,000 · First State Bank
Feb 3, 2004
$750,000
Fishing Harbor INC
Golden Buddha INC
Grant Deed
—
—
—
Fishing Harbor INC
—
Deed Of Trust
related
$480,661 · First State Bank
—
—
Fishing Harbor INC
—
Deed Of Trust
related
—
—
—
Fishing Harbor INC
—
Deed Of Trust
related
$600,000 · First State Bank
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
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 5050 Tamiami Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
