Technical
Financial
Distress signals
Property profile

530 Orange Ave Sarasota, FL 34236

OFF-MARKET
Community centers
Property ID
US18-9545543
13,762 SF 0.14 ac lot Built 1925
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

The Historic Pineapple Apartments is a block-built multi-suite property dating to 1925, with wrought-iron balconies and interior features including Venetian plaster and multiple exposed beams. The building is configured with eight suites that could be expanded to 13, and includes seven retail shops at the ground level, as well as a 3,000 sq ft owner’s suite. Mechanical systems include ceiling fans and a thermostat, with ductless heating alongside central heating, and wall/window or window unit cooling; the roof is built-up. The property is served by public water and public sewer, with cable available. It sits on a 0.14-acre site with approximately 13,762 square feet of total property area and is zoned DTC.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,762 SF
Lot 0.14 ac (6,252 SF)
Zoning code DTC
APN 2027-14-0020
UPID US18-9545543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping (Bike/Boat/Book/etc) Store
  • Tattoo & Piercing Shop
  • Clothing Store

Location

530 Orange Ave Sarasota, FL 34236-7502
Sarasota metro Census 104 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.75M
Comparable Approach Comparable
$2.90M
Blend (final) Blend
$2.89M

Owner & transaction history

since 2021
Last sale
$2.0M
6 recorded transactions
2021
Price N/A
2013
$2.0M
2007
Price N/A
2003
$700,000
2003
Price N/A
1969
Price N/A

Zoning & alternative use

DTC · Sarasota, FL
Zoning description

screening between registered vacation rentals and single family uses; modify the definition for restaurants and add language to facilitate outdoor restaurants and seating; permit mobile food trucks as a permitted use in…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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