1 Tuttle AveSarasota, FL 34237

Property Details for 1 Tuttle Ave

Year built

1982

Construction

FRAME

Lot size

0.57 AC

Property size (Sq ft)

6,045 SF

Zone code

OPB

Property type

Office properties

Property subtype

Office buildings

APN

2029-01-0041

APU

2029010041

Description

This exceptional single-tenant office space is ideally situated near downtown Sarasota. The property offers a highly functional layout perfect for a variety of professional uses. Upon entering, you'll find a welcoming reception area complete with seating and a dedicated receptionist desk. The main workspace features six individual offices arranged around a spacious, open area suitable for four or more employees. Adding to the versatility, a separate wing includes three additional private offices and a convenient storage room. The building's location provides easy access to the vibrancy of downtown Sarasota, offering employees and clients a desirable and convenient work environment. This well-maintained space is ready for immediate occupancy and presents a fantastic opportunity for businesses seeking a professional and efficient workspace. The layout is designed to maximize productivity and collaboration, making it an ideal choice for a growing company or established firm. The combination of private offices and open workspace allows for both individual focus and team interaction. The inclusion of a storage room adds practicality and organization to the overall functionality of the space. This property represents a rare opportunity to secure a high-quality office space in a prime Sarasota location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,603,498

  6.5%

  $1,480,152

  7%

  $1,374,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,212,685

  Geo Method

  $1,103,998

• Alternative Use

  Use

  Valuation

  Residential

  $1,835,388

  Hospitality

  $1,681,206

  Educational

  $1,398,743

  Medical

  $1,446,848

  Retail

  $2,175,823

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3368

Longitude

-82.5144

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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