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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Parking lots & garages
6021 Midnight Pass Rd, Sarasota, FL 34242-3213
Entity Owned
5-yr Hold
Free & Clear
Property ID
US18-2477031
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1954
Total area
858 SF
Lot
0.12 ac (5,420 SF)
Zoning code
SKOD; RMF2
APN
0106-03-0006
UPID
US18-2477031
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
William Raveis Real Estate Real Estate Agency
-
Trisha Boggs, William Raveis Real Estate Real Estate Agency
-
William Raveis Real Estate - Siesta Key Real Estate Agency
-
Dawn Bear, P.A. Premier Siesta Key Realtor William Raveis Real Estate Group Real Estate Agency
-
William Raveis Real Estate - Sarasota / Siesta Key Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$545k
Owner & transaction history
Bluewater Property Group LLC · 5 yrs held
Bluewater Property Group LLC
since 2020
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
SKOD; RMF2 · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Sarasota submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sarasota submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$635 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,806
Tax year 2023
Assessed value
$259,500
Assessed 2023
Previous assessed
$259,500
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$253,500
Assessed improvement
$6,000
Land market value
$253,500
Improvement market value
$6,000
Total market value
$259,500
Applied tax rate
1,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1954
Heating
NONE
Rooms
4
Bathrooms
1
Total area
858 SF
Lot
0.12 ac (5,420 SF)
Zoning code
SKOD; RMF2
APN
0106-03-0006
UPID
US18-2477031
Jurisdiction
SARASOTA
Zoning & alternative use
SKOD; RMF2 · Sarasota, FL
Zoning SKOD; RMF2 · permitted uses
SKOD; RMF2 · Sarasota, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sarasota. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Rooms
4
Bathrooms
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Bluewater Property Group LLC
Entity
Free & Clear · 5 yrs held
Mailing address
6021 MIDNIGHT PASS RD, SARASOTA, FL 34242-3213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
$500,000
Bluewater Property Group LLC
Omega Invs Prop LLC
Warranty Deed
—
Jun 17, 2011
$485,000
Omega Investment Props LLC
Atlas Fl I Spe LLC
Grant Deed
—
Jan 10, 2011
$200,000
David Chaplin
Elshout Edward P Trust
Grant Deed
—
Jan 25, 2000
$485,000
Advantage Realty Sarasota INC
Anderson,robert L & Helene C
Grant Deed
$100,050 · Seller
—
—
Advantage Realty Of Sarasota
—
Deed Of Trust
related
$600,000 · Republic Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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