1001 Washington BlvdSarasota, FL 34236

Property Details for 1001 Washington Blvd

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.59 AC

Property size (Sq ft)

2,118 SF

Zone code

DTE

Property type

Office properties

Property subtype

Office buildings

APN

2026-01-0006

APU

2026010006

Description

This exceptional two-story office building, totaling 4,236 square feet, presents a fantastic opportunity for businesses seeking a prominent Sarasota location. Constructed in 1985, the property boasts a traditional office layout, ideal for multiple tenants. The building features excellent visibility and signage opportunities, situated directly on Washington Boulevard/US 301 at the corner of 10th Street, ensuring high traffic exposure. Currently, approximately 2,000 to 4,000 square feet of space is available for lease. The first floor offers six offices, two bathrooms (including an executive bathroom), a conference room, and a kitchenette. The second floor provides twelve offices, two additional bathrooms, and a comfortable sitting area. The building is zoned DTE and is conveniently located near Sarasota's vibrant downtown area. While there are no elevators, the two-story design offers efficient and functional space. This property is perfect for a business seeking a well-maintained, highly visible office space in a prime Sarasota location. The building's layout is versatile and can accommodate a variety of business needs. Don't miss this chance to secure a prominent presence in a thriving commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $561,821

  6.5%

  $518,604

  7%

  $481,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $424,891

  Geo Method

  $386,810

• Alternative Use

  Use

  Valuation

  Residential

  $643,069

  Hospitality

  $589,048

  Educational

  $490,081

  Medical

  $506,935

  Retail

  $762,348

Location Insight

City

Sarasota

County

Sarasota

State

Florida

Latitude

27.3447

Longitude

-82.5314

CBSA code

35840

CBSA name

NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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