Technical
Financial
Distress signals
Property profile

603 Bch Rd Sarasota, FL 34242

OFF-MARKET
Hotels
Property ID
US18-6878254
3,273 SF 0.11 ac lot Built 1936
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1936
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,273 SF
Lot 0.11 ac (4,930 SF)
Zoning code RMF3; SKOD
APN 0082-14-0043
UPID US18-6878254

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Telecommunications Service General Contractor
  • Vacation Rental Real Estate Agency
  • Hotel & Motel Vacation Rental

Location

603 Bch Rd Sarasota, FL 34242-1948
Sarasota metro Census 1904 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.82M
Blend (final) Blend
$3.23M

Owner & transaction history

since 2022
Last sale
$2.4M
7 recorded transactions
2022
$2.4M
2021
$1.3M
2016
$1.2M
2009
Price N/A
1998
$400,000
1997
$450,000
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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