Technical
Financial
Distress signals
Property profile

5966 Midnight Pass Rd G-22 Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US18-5181686
720 SF Built 1970
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1970
Total area 720 SF
Zoning code RMF3; SKOD
APN 0105-13-6008
UPID US18-5181686

Cap rate & NOI

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

Location

5966 Midnight Pass Rd, Unit G-22 Sarasota, FL 34242-8792
Sarasota metro Census 1905 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
by Request
Comparable Approach Comparable
$893k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2023
Last sale
$950,000
4 recorded transactions
2023
$950,000
2023
Price N/A
2012
$510,000
2005
Price N/A

Zoning & alternative use

RMF3; SKOD · 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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