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Property profile & analytics
OFF-MARKET
Office Spaces
6633 Midnight Pass Rd 8 Sarasota, FL 34242-2508
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2234853
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,180 SF
Zoning code
CG; SKOD
APN
0108-09-3008
UPID
US18-2234853
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
-
noah 2 Corporate Office
-
RE/MAX Platinum Realty - Siesta Key Office 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
by Request
Owner & transaction history
Daniel Garcia · 2 yrs held
Daniel Garcia
since 2023
Last sale
$295,000
7 recorded transactions
Zoning & alternative use
CG; SKOD · 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
—
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
$4,536
Tax year 2023
Assessed value
$385,500
Assessed 2023
Previous assessed
$365,500
+5.5% YoY
Effective rate
1.18%
On assessed value
Assessed improvement
$385,500
Improvement market value
$385,500
Total market value
$385,500
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Bathrooms
1
Total area
1,180 SF
Zoning code
CG; SKOD
APN
0108-09-3008
UPID
US18-2234853
Jurisdiction
SARASOTA
Zoning & alternative use
CG; SKOD · Sarasota, FL
Zoning CG; SKOD · permitted uses
CG; SKOD · 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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
1
Current owner
From public records · entity-resolved
Daniel Garcia
Individual
Mailing address
4846 SEVILLE DR, SARASOTA, FL 34235-4428
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 16, 2023
—
Daniel Garcia
Miguel Garcia
Intrafamily Transfer
related
—
Sep 1, 2015
$295,000
Miguel Garcia
Midpass LLC
Warranty Deed
—
Dec 11, 2012
—
Midpass LLC
Ventura,daniel L & Diane G
Warranty Deed
—
Oct 23, 2009
$260,000
Daniel L Ventura
Waterside Holdings Of Sarasota Ll
Grant Deed
—
May 14, 2002
$210,000
Waterside Holdings Of Sarasota
Moonier,james F
Grant Deed
related
$168,000 · James F Moonier
—
—
Waterside Holdings Of Sarasota Ll
—
Deed Of Trust
related
$160,000 · Flagship National Bank
—
—
Daniel L Ventura
—
Deed Of Trust
related
$156,000 · Reliance Savings 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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