7157 Curtiss AveSarasota, FL 34231

  • Office buildings
  • 7,780 SF
For Sale
$2,200,000 View listing

Property Details for 7157 Curtiss Ave

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.70 AC
Property size (Sq ft)
7,780 SF
Zone code
OPI
Property type
Office buildings
APN
0111-08-0032
APU
111080032

Description

This exceptional 7,780 square foot freestanding commercial building at 7157 Curtiss Avenue in Sarasota, Florida presents a unique investment opportunity. Situated on a 0.7-acre lot and zoned OPI, the property is currently configured as a medical facility but offers remarkable versatility. A key feature is an included aquatic center with a warm saltwater pool, ideal for swim schools, spas, or physical therapy practices. However, the adaptable layout allows for reconfiguration into a surgery center, general office space, or other institutional uses. The building boasts a spacious reception area, multiple private offices, examination and treatment rooms, a kitchen, a dining area, and an outdoor patio. Recent upgrades include a renovated restroom facility, a new roof, updated A/C units, and new electric water pumps. Ample parking is available. This property benefits from a highly desirable location with excellent visibility and strong traffic flow, making it an attractive proposition for businesses seeking to establish or expand their presence in Sarasota's dynamic market. The asking price is $2,200,000. Low down-payment options are available for owner-occupants through SBA loans. Don't miss this chance to acquire a prime commercial property with significant potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,249,862
    6.5%
    $2,076,796
    7%
    $1,928,454
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,549,684
    Geo Method
    $1,420,861
  • Alternative Use

    Use
    Valuation
    Residential
    $2,575,227
    Hospitality
    $2,358,894
    Educational
    $1,962,572
    Medical
    $2,030,068
    Retail
    $3,052,890
7157 Curtiss Ave, Sarasota, Florida

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.2524
Longitude
-82.4988
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
$19,142
$387,700
$1,011,100
$1,398,800
-
$387,700
$1,011,100
$1,398,800

FAQs

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