8212 Midnight Pass Rd Sarasota, FL 34242-2754
- Hotels
- 2,140 SF
- 0.67 lot acres
Current Use by Public Records
- Siesta Key Bungalows / Hotel / Resort Hotel
Property Details for 8212 Midnight Pass Rd
- Year built
- 1956
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.67 lot acres
- Property size
- 2,140 SF
- Zone code
- SKOD; RSF2
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 0128-02-0012
- APU
- 128020012
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,115,000
- 6.5%
- $3,150,000
- 7%
- $2,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,110,000
- Geo Method
- $3,200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,615,000
- Retail
- $2,540,000
- Mixed-Use
- $3,310,000
- Hospitality
- $3,155,000
- Educational
- $2,620,000
- Residential Income
- $2,930,000
- Energy
- $3,220,000
- Income-Based Land
- $3,115,000
- Food Service
- $3,010,000
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Sarasota
- State
- Florida
- Longitude
- -82.5211
- Latitude
- 27.2323
- CBSA code
- 35840
- CBSA name
- NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA