523 BchSarasota, FL 34242

  • Hotels
  • 3,120 SF
Off market
$2,842,200 Estimated

Property Details for 523 Bch

Year built
1928
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.30 AC
Property size (Sq ft)
3,120 SF
Zone code
SKOD; RMF1
Property type
Hotels
Property subtype
Motels
APN
0082-12-0009
APU
82120009

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,024,815
    6.5%
    $945,983
    7%
    $878,413
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,460,448
    Geo Method
    $1,339,043
  • Alternative Use

    Use
    Valuation
    Residential
    $1,032,739
    Hospitality
    $945,983
    Educational
    $787,047
    Medical
    $814,115
    Retail
    $1,224,295

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2706
Longitude
-82.5592
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
$28,285
$2,361,300
$480,900
$2,842,200
-
$2,361,300
$480,900
$2,842,200

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