Technical
Financial
Distress signals
Property profile

5966 Midnight Pass Rd G75 Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US18-2702037
1,176 SF Built 1970
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1970
Total area 1,176 SF
Zoning code RMF3; SKOD
APN 0105-13-6051
UPID US18-2702037

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 G75 Sarasota, FL 34242-8730
Sarasota metro Census 1905 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.13M

Owner & transaction history

since 2023
Last sale
$1.0M
7 recorded transactions
2023
Price N/A
2021
$1.0M
2018
$754,000
1998
$285,000
1969
Price N/A
1969
Price N/A
1969
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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