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Property profile & analytics

5602 Marquesas Cir13-e Sarasota, FL 34233-3310

  • Office Properties & Spaces
  • 1,500 SF
OFF-MARKET
Value Estimations
$395,000
Show details
Cap Rate Potential
6.3%
Office Properties & Spaces
Location Intelligence
Property ID
US18-5952623
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Nicholas J. Boris CPA, PA / Accountant / Bookkeeping Service
  • Psychiatrist~Christine Svenson / Doctor
  • LifeXL- Lazo Pipovski , MD / Internist / Nurse Practitioner
  • Central Sarasota Insurance / Insurance Agency
  • Keloid Centers / Corporate Office

Property Details for 5602 Marquesas Cir13-e

Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
1,500 SF
Zone code
OPI
Property type
Office Properties & Spaces
APN
0090-10-1040
APU
90101040

Description

This exceptional 1,058 square foot Class A office space is ideally situated in Sarasota, Florida, at 5602 Marquesas Cir, zip code 34233. Located on the second floor of a two-story building, this single-tenant unit boasts a thoughtfully designed interior. The space includes a welcoming reception/waiting area, perfect for clients and visitors. Two private offices provide quiet workspaces for focused tasks, while a dedicated conference room facilitates productive meetings. An open workspace allows for collaborative efforts and a convenient kitchenette adds to the functionality. The building itself offers a range of shared amenities, including a well-maintained foyer/lobby, a modern elevator for easy access, separate men's and women's restrooms, and three stairwells for convenient egress. This property presents a fantastic opportunity for businesses seeking a professional and efficient workspace in a desirable Sarasota location. The unit's layout is conducive to a variety of business needs, offering a blend of private and collaborative spaces. The address is easily accessible and benefits from the advantages of a well-maintained building and convenient shared amenities. This is a traditional office space in excellent condition.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $370,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $480,000
    Market price range: $391k - $578k
    AI Estimate
    $425,000
    Market price range: $315k - $521k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $445,000
    Current use
    RETAIL STORES
    $590,000
    Change: +33% Conversion: Moderate
    MEDICAL BUILDING
    $445,000
    Change: -0% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Sarasota
County
Sarasota
State
Florida
Longitude
-82.4883
Latitude
27.2717
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,022
$0.00
$317,100
$317,100
-
$0.00
$317,100
$317,100
More about this property
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