5602 Marquesas CirSarasota, FL 34233

Property Details for 5602 Marquesas Cir

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

1,500 SF

Zone code

OPI

Property type

Office properties

APN

0090-10-1040

APU

90101040

Description

This exceptional 1,058 square foot Class A office space is ideally situated in Sarasota, Florida, at 5602 Marquesas Cir, zip code 34233. Located on the second floor of a two-story building, this single-tenant unit boasts a thoughtfully designed interior. The space includes a welcoming reception/waiting area, perfect for clients and visitors. Two private offices provide quiet workspaces for focused tasks, while a dedicated conference room facilitates productive meetings. An open workspace allows for collaborative efforts and a convenient kitchenette adds to the functionality. The building itself offers a range of shared amenities, including a well-maintained foyer/lobby, a modern elevator for easy access, separate men's and women's restrooms, and three stairwells for convenient egress. This property presents a fantastic opportunity for businesses seeking a professional and efficient workspace in a desirable Sarasota location. The unit's layout is conducive to a variety of business needs, offering a blend of private and collaborative spaces. The address is easily accessible and benefits from the advantages of a well-maintained building and convenient shared amenities. This is a traditional office space in excellent condition.

• CAP approach

  CAP return

  Valuation

  6%

  $397,890

  6.5%

  $367,283

  7%

  $341,049

• Comparable approach

  Method

  Valuation

  Relative Method

  $300,914

  Geo Method

  $273,945

• Alternative Use

  Use

  Valuation

  Residential

  $455,431

  Hospitality

  $417,173

  Educational

  $347,083

  Medical

  $359,019

  Retail

  $539,906

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.2717

Longitude

-82.4883

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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