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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Golf courses & driving ranges
5601 Country Clb Way Sarasota, FL 34243-3756
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US18-5372453
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
DRIVING RANGE (GOLF)
Year built
1985
Construction
TYPE NOT SPECIFIED
Total area
24,989 SF
Lot
352.59 ac (15,358,820 SF)
Zoning code
A-1,PD-R,RMF-6,RSF-4.5
APN
19211.0005-9
UPID
US18-5372453
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
-
Luciani Tennis Player Development Sports School Sports Field & Court
-
Palm Aire Country Club Bar & Pub Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Palm-aire Cntry Club Of Sarasota · 13 yrs held
Palm-aire Cntry Club Of Sarasota
since 2013
2 recorded transactions
Zoning & alternative use
A-1,PD-R,RMF-6,RSF-4.5 · Sarasota, FL
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
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±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
$59 / 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
$96,374
Tax year 2023
Assessed value
$5,859,641
Assessed 2023
Previous assessed
$5,324,410
+10.1% YoY
Effective rate
1.64%
On assessed value
Assessed land
$374,627
Assessed improvement
$5,485,014
Land market value
$374,627
Improvement market value
$5,485,014
Total market value
$5,859,641
Applied tax rate
119.0000
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
Golf courses & driving ranges
Use group
DRIVING RANGE (GOLF)
Status
Off-Market
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Buildings
4
Stories
1
Units
1
Bathrooms
3
Total area
24,989 SF
Lot
352.59 ac (15,358,820 SF)
Zoning code
A-1,PD-R,RMF-6,RSF-4.5
APN
19211.0005-9
UPID
US18-5372453
Jurisdiction
MANATEE
Zoning & alternative use
A-1,PD-R,RMF-6,RSF-4.5 · Sarasota, FLZoning A-1,PD-R,RMF-6,RSF-4.5 · permitted uses
A-1,PD-R,RMF-6,RSF-4.5 · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Home | City of Sarasota
Building & site characteristics
From public records
Year built
1985
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Units
1
Bathrooms
3
Lot
352.59 ac
Current owner
From public records · entity-resolved
Palm-aire Cntry Club Of Sarasota
Individual
Mailing address
5601 COUNTRY CLB WAY, SARASOTA, FL 34243-3756
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2018
—
Palm-aire Cc At Sarasota INC
—
Grant Deed
related
$1,237,000 · Centerstate Bk NA
Feb 13, 2013
—
Palm-aire Cntry Club Of Sarasota
Orleans Homebuilders INC
Quit Claim Deed
related
$1,540,000 · Gateway 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.
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