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    6595 Midnight Pass Rd Sarasota, FL 34242
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    Property profile & analytics

    6595 Midnight Pass Rd, Sarasota, FL 34242

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    • Investment properties
    • 9,053 SF
    • 0.92 lot acres
    Siesta Key Retail Opportunity For Lease
    $45 SF/Yr

    Siesta Key Retail Opportunity

    Rare large retail space near Siesta Key beaches.

    6595 Midnight Pass Rd, Sarasota, FL 34242
    View Listing
    Property ID
    US18-4205116
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Palm Parking / Parking Lot & Garage

    Property Details for 6595 Midnight Pass Rd

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.92 lot acres
    Zone code
    SKOD; CG
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0108-09-0015
    APU
    108090015

    Description

    This exceptional 102,530 square foot retail space presents a rare opportunity on Siesta Key, Sarasota County, Florida. Located in Crescent Plaza, this single-tenant property boasts an unparalleled location directly across the street from the renowned Siesta Key Beaches, ensuring high foot traffic and visibility. Built in 1975, the building offers a flexible, open floor plan, ideal for a variety of retail or office uses. To enhance the property's appeal and modernize its street presence, the landlord is committed to updating the building frontage with a new storefront, creating a contemporary and inviting retail experience. The property's convenient location within a walkable plaza attracts both locals and tourists, providing a strong customer base. This significant retail space offers substantial potential for businesses seeking a high-traffic, prime location on one of Florida's most desirable beaches. The sheer size of the space presents a unique opportunity for a large-scale retail operation or a business requiring significant square footage. This is a truly exceptional offering in a highly sought-after location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,690,000
      6.5%
      $2,480,000
      7%
      $2,305,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5333
    Latitude
    27.2502
    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
    $45,362
    $2,061,300
    $1,761,800
    $3,823,100
    -
    $2,061,300
    $1,761,800
    $3,823,100
    View Listing
    More about this property
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