950 UniversitySarasota, FL 34234

  • Hospitality properties
  • 70,168 SF
Off market
$9,607,800 Estimated

Property Details for 950 University

Year built
2008
Lot size
2.96 AC
Property size (Sq ft)
70,168 SF
Zone code
CP
Property type
Hospitality properties
Property subtype
Hotels
APN
2001-02-0010
APU
2001020010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $21,141,010
    6.5%
    $19,514,778
    7%
    $18,120,866
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,079,478
    Geo Method
    $30,114,738
  • Alternative Use

    Use
    Valuation
    Residential
    $21,304,468
    Hospitality
    $19,514,778
    Educational
    $16,236,066
    Medical
    $16,794,450
    Retail
    $25,256,102
950 University, Sarasota, Florida

Location Insight

City
Sarasota
County
Sarasota
State
Florida
Latitude
27.3812
Longitude
-82.5519
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
$146,590
$2,850,000
$6,757,800
$9,607,800
-
$2,850,000
$6,757,800
$9,607,800

Property Visit Statistics

  • Visits by month
    8.0k
  • Visitors by month
    3.4k
  • Avg Time on site
    461 min

FAQs

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