Technical
Financial
Distress signals
Property profile

5964 Midnight Pass Rd 139 Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US19-0873801
1,268 SF Built 1975
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,268 SF
Zoning code SKOD; RMF3
APN 0105-13-6218
UPID US19-0873801

Cap rate & NOI

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

Location

5964 Midnight Pass Rd, Unit 139 Sarasota, FL 34242-8741
Sarasota metro Census 1905 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$360k

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2015
Price N/A
2014
$400,000
2005
$874,900
2003
$540,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SKOD; RMF3 · Sarasota, FL

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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