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    Property profile & analytics

    61 Pineapple Ave Sarasota, FL 34236-5716

    • Specialty properties
    • 22,635 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $1,115,000
    Location Intelligence
    Property ID
    US18-5532406
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sarasota Opera House / Tourist Attraction / Opera Company
    • sarasota opera / Opera Company

    Property Details for 61 Pineapple Ave

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.99 lot acres
    Property size
    22,635 SF
    Zone code
    DTC
    Property type
    Specialty properties
    APN
    2027-04-0022
    APU
    2027040022

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,100,000
      6.5%
      $1,125,000
      7%
      $1,000,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $910,000
      Geo Method
      $1,180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $860,000
      Retail
      $975,000
      Mixed-Use
      $905,000
      Hospitality
      $985,000
      Educational
      $960,000
      Residential Income
      $1,130,000
      Energy
      $945,000
      Income-Based Land
      $895,000
      Food Service
      $985,000

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5437
    Latitude
    27.3368
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,988
    $4,553,300
    $6,640,300
    $11,193,600
    -
    $4,553,300
    $6,640,300
    $11,193,600

    Comparable in this City

    • Value Estimation by Request
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      CHARITABLE ORGANIZATION • 4,500 SF
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    • Value Estimation by Request
      4,729 SF

      1131 6th St

      CHARITABLE ORGANIZATION • 4,729 SF
      1131 6th St, Sarasota, FL 34236
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    • Value Estimation by Request
      4,465 SF

      709 Tamiami Trl

      CHARITABLE ORGANIZATION • 4,465 SF
      709 Tamiami Trl, Sarasota, FL 34236-4047
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    • Value Estimation
      $430,000
      3,588 SF

      911 Central Ave

      CHARITABLE ORGANIZATION • 3,588 SF
      911 Central Ave, Sarasota, FL 34236-4020
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    • Value Estimation by Request
      10,734 SF

      720 Orange Ave

      CHARITABLE ORGANIZATION • 10,734 SF
      720 Orange Ave, Sarasota, FL 34236-7718
      View Details
    • Value Estimation by Request
      23,567 SF

      1301 Tamiami Trl

      PROFESSIONAL CLUBS/ASSOCIATIONS • 23,567 SF
      1301 Tamiami Trl, Sarasota, FL 34236-2402
      View Details

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      Retail space in a prime downtown location, move-in ready.
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    61 Pineapple Ave
    Sarasota, FL 34236-5716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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