Technical
Financial
Distress signals
Property profile

5966 Midnight Pass Rd G-54 Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US18-5325837
672 SF Built 1970
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1970
Total area 672 SF
Zoning code RMF3; SKOD
APN 0105-13-6034
UPID US18-5325837

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-54 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
$1.05M
CAP Approach CAP
by Request
Comparable Approach Comparable
$833k
Blend (final) Blend
$1.08M

Owner & transaction history

since 2021
Last sale
$743,000
2 recorded transactions
2021
$743,000
2005
$820,000

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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