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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Turn key restaurants
5148 Ocean Blvd, Sarasota, FL 34242-1637
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US18-4289787
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,790 SF
Lot
0.22 ac (9,718 SF)
Zoning code
CG; SKOD
APN
0080-17-0017
UPID
US18-4289787
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
-
The Hub Baja Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$720k
Owner & transaction history
5148 Beach Road Of Sarasota LLC · 19 yrs held
5148 Beach Road Of Sarasota LLC
since 2006
7 recorded transactions
Zoning & alternative use
CG; SKOD · 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
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10%
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
$258 / 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
$26,903
Tax year 2023
Assessed value
$1,727,300
Assessed 2023
Previous assessed
$1,497,100
+15.4% YoY
Effective rate
1.56%
On assessed value
Assessed land
$1,120,300
Assessed improvement
$607,000
Land market value
$1,120,300
Improvement market value
$607,000
Total market value
$1,727,300
Applied tax rate
1,894.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Rooms
13
Bathrooms
5
Total area
2,790 SF
Lot
0.22 ac (9,718 SF)
Zoning code
CG; SKOD
APN
0080-17-0017
UPID
US18-4289787
Jurisdiction
SARASOTA
Zoning & alternative use
CG; SKOD · Sarasota, FL
Zoning CG; SKOD · permitted uses
CG; SKOD · 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.
Building & site characteristics
From public records
Year built
1951
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
13
Bathrooms
5
Lot
0.22 ac
Current owner
From public records · entity-resolved
5148 Beach Road Of Sarasota LLC
Entity
Mailing address
313 LOOKOUT PT DR, OSPREY, FL 34229-9798
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2011
—
5148 Beach Road Of Sarasota LLC
—
Deed Of Trust
related
$2,680,030 · Bank Of Commerce
Aug 9, 2006
$2,840,000
5148 Beach Road Of Sarasota LLC
Tropical Breeze Resort Of Siesta Ke
Warranty Deed
$1,722,000 · The Bank Of Commerce
Sep 3, 2002
$1,530,500
Tropical Breeze Resort Of Sies
Bohack,william C
Grant Deed
$1,500,000 · Stephen A Witzer Trustee
—
—
5148 Bch Road Of Sarasota LLC
—
Deed Of Trust
related
$2,000,000 · Gulfside Bk
—
—
5148 Beach Road Of Sarasota LLC
—
Loan Modification
related
$2,567,695 · Bank Of Commerce
—
—
Tropical Breeze Resort Siesta
—
Deed Of Trust
related
$150,000 · David C Freund Ttee
—
—
Tropical Breeze Resort Siestak
—
Deed Of Trust
related
$1,600,000 · Bank Of Commerce
—
—
Tropical Breeze Resort Of Sies
—
Deed Of Trust
related
$300,000 · Stephen A Witzer Trustee
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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