1921 Waldemere StSarasota, FL 34239

Property Details for 1921 Waldemere St

Year built

1992

Lot size

1.08 AC

Property size (Sq ft)

146,948 SF

Zone code

SMH

Property type

Office buildings

APN

2037-08-0051

APU

2037080051

Description

Waldemere Medical Plaza, located at 1921 Waldemere St, Sarasota, FL 34239, offers exceptional medical office space within Sarasota County. This prime property boasts a convenient location on the Sarasota Memorial Hospital campus, providing unparalleled access to a diverse and established healthcare network. Two suites are currently available, ranging in size from 4,073 square feet to 11,675 square feet, offering flexibility for various medical practices. The building features a strong tenant mix, including cardiology, neurology, laboratory and pharmacy services, OBGYN, orthopedics, and internal medicine, fostering collaboration and referral opportunities. Amenities include ample parking in an adjacent garage with valet service and a convenient canopy-covered patient drop-off area. This energy-efficient building has received prestigious recognition, including the Energy Star label and LEED Silver certification from the U.S. Green Building Council, reflecting its commitment to sustainability and operational efficiency. Competitive lease rates and terms are available. This location is ideal for healthcare professionals seeking a well-connected, efficient, and prestigious medical office space.

• CAP approach

  CAP return

  Valuation

  6%

  $38,979,448

  6.5%

  $35,981,028

  7%

  $33,410,956

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,479,178

  Geo Method

  $26,837,114

• Alternative Use

  Use

  Valuation

  Residential

  $44,616,476

  Hospitality

  $40,868,452

  Educational

  $34,002,072

  Medical

  $35,171,456

  Retail

  $52,892,112

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3197

Longitude

-82.5314

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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