5032 Calle MinorgaSarasota, FL 34242

Property Details for 5032 Calle Minorga

Year built

1954

Lot size

0.17 AC

Property size (Sq ft)

1,674 SF

Zone code

OPI; SKOD

Property type

Office buildings

APN

0080-09-0002

APU

80090002

Description

This exceptional 2,020 square foot office building presents a unique opportunity in the desirable Siesta Village area of Sarasota, Florida. Situated on a 0.17-acre lot (75x100 feet), the property boasts ample parking, enhanced by a gravel driveway and mature Royal Palm trees. The ranch-style building features five private offices, each offering a professional and functional workspace. Four of these offices benefit from their own private entrances, providing flexibility and convenience for tenants or business owners. The interior includes attractive bamboo flooring throughout, a fully equipped kitchen, and two full bathrooms. A covered front porch and a deck with an awning provide inviting outdoor spaces. The property has recently undergone significant improvements, including a brand new air conditioning system and a fresh coat of paint throughout. Its location is ideal, just one block from the vibrant heart of Siesta Village, yet maintains a peaceful and private atmosphere. The property's zoning is OPI (Office Professional Intensive), making it suitable for a variety of professional uses. This is a rare opportunity to acquire a well-maintained, conveniently located office building in one of Sarasota's most sought-after neighborhoods. The property is priced at $1,575,000.

• CAP approach

  CAP return

  Valuation

  6%

  $484,096

  6.5%

  $446,858

  7%

  $414,940

• Comparable approach

  Method

  Valuation

  Relative Method

  $333,441

  Geo Method

  $305,723

• Alternative Use

  Use

  Valuation

  Residential

  $554,104

  Hospitality

  $507,556

  Educational

  $422,281

  Medical

  $436,804

  Retail

  $656,882

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.2786

Longitude

-82.5636

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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