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    Property profile & analytics

    850 University Pkwy Sarasota, FL 34234-2813

    • Hotels
    • 46,413 SF
    • 2.21 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US19-0883610
    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

    • Courtyard Sarasota Bradenton Airport / Meeting Planning Service / Hotel
    • The Bistro – Eat. Drink. Connect.® / American Restaurant / Cafe
    • 850 University Parkway Parking / Parking Lot

    Property Details for 850 University Pkwy

    Year built
    1996
    Lot size
    2.21 lot acres
    Property size
    46,413 SF
    Zone code
    CP
    Property type
    Hotels
    Property subtype
    Motels
    APN
    2001-02-0008
    APU
    2001020008

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5536
    Latitude
    27.3812
    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
    $111,010
    $2,025,000
    $6,056,700
    $8,081,700
    -
    $2,025,000
    $6,056,700
    $8,081,700

    Comparable in this City

    • Value Estimation by Request
      71,380 SF

      965 University Pkwy

      HOTEL/MOTEL • 71,380 SF
      965 University Pkwy, Sarasota, FL 34234-2879
      View Details
    • Value Estimation
      $3,360,000
      1,824 SF

      4675 Tamiami Trl

      HOTEL/MOTEL • 1,824 SF
      4675 Tamiami Trl, Sarasota, FL 34234-3867
      View Details
    • Value Estimation
      $4,425,000
      17,123 SF

      5340 Tamiami Trl

      HOTEL/MOTEL • 17,123 SF
      5340 Tamiami Trl, Sarasota, FL 34234-2746
      View Details
    • Value Estimation
      $410,000
      8,487 SF

      4021 Tamiami Trl

      HOTEL/MOTEL • 8,487 SF
      4021 Tamiami Trl, Sarasota, FL 34234-4317
      View Details
    • Value Estimation by Request
      5,120 SF

      4108 Tamiami Trl

      HOTEL/MOTEL • 5,120 SF
      4108 Tamiami Trl, Sarasota, FL 34234-4318
      View Details
    • Value Estimation
      $515,000
      10,263 SF

      4703 Tamiami Trl

      HOTEL/MOTEL • 10,263 SF
      4703 Tamiami Trl, Sarasota, FL 34234-3869
      View Details

    Similar Nearby for Sale

    • $3,600,000

      Sarasota Development Land

      36-Unit Apartment Project, Permits Pending
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    • $1,200,000
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      Sarasota Multi-Family Investment Opportunity

      High-density potential, two-property bulk sale.
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      Single-Family Home with Business Potential

      Single-family home rebuilt in 2004 with potential for business use.
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    • $2,799,000
      9,697 SF

      Industrial Building with Showroom/Office Space

      Free-standing industrial building with showroom and office space for sale.
      4444 N Washington Blvd, Sarasota, FL 34234
      View Details
    • $150,000

      Sarasota Land For Sale

      Land available in Sarasota, Florida.
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    • $250,000
      0.28 Acres

      Oversized Homesite in Sarasota

      Rare homesite to build your dream home in Sarasota.
      1277 43Rd St, Sarasota, FL 34234
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      600 SF

      Business Plaza Flex Space Available

      600 sq ft Flex Space in Sarasota
      3080 Washington Blvd, Sarasota, FL 34234
      View Details
    • $26 SF/Yr
      6,689 SF

      Downtown Sarasota Office Space

      Prime location, high visibility, 6,689 sq ft.
      244 Washington Blvd, Sarasota, FL 34234
      View Details
    • $22 SF/Yr
      4,000 SF

      Retail Space on Washington Blvd

      Retail space with high exposure and customizable layout available for lease.
      4054 N Washington Blvd, Sarasota, FL 34234
      View Details
    • $18 SF/Yr
      3,300 SF

      New Flex Space Available

      New construction flex space available November 1, 2025.
      Independence Blvd, Sarasota, FL 34234
      View Details
    • $14 SF/Yr
      38,750 SF

      Sarasota Industrial Facility

      38,750 SF Manufacturing Space Available
      4700 Middle Ave, Sarasota, FL 34234
      View Details
    • $24 SF/Yr
      1,934 SF

      Sarasota Office Space For Rent

      Office space available for lease in Sarasota, Florida.
      1877 Northgate Blvd, Sarasota, FL 34234
      View Details

    Property Visit Statistics

    • Visits by month
      5.5k
    • Visitors by month
      2.7k
    • Avg Time on site
      417 min
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    850 University Pkwy
    Sarasota, FL 34234-2813
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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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