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1240 4th St; Sarasota, FL Property Details

1240 4th St, Sarasota, FL is a Commercial Office that was built in 1981. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 1240 4th St has 3 bedrooms, and 3 bathrooms, and a total of 2,340 square feet. The lot size of 1240 4th St is 11,500 square feet.

Off market
1240 4th St Sarasota, FL 34236
$577,704 Estimated Value
3 Beds
3 Baths
2,340 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1981
  • Purchase Price: $1,900,000
  • APN: 2026-12-0078
  • Situs County: Sarasota
  • Length Of Ownership: 15 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,340/SqFt
  • Lot: 11,500/SqFt
  • Gross: 2,340/SqFt
  • Living: 2,340/SqFt
  • Building: 2,340/SqFt
  • Ground: 2,340/SqFt
  • Price Per Square Foot: $811.97

Legal Description

  • Description: LOTS 9 & 11, BLK 22, PLAT OF SARASOTA, TOGETHER WITH N 1/2 OF VACATED ALLEY LYING ADJ TO S AS DESC IN ORI 2018110811
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Sarasota County School District
  • Lat / Lon: 27.339437 / -82.545815
  • Subdivision: Plat Of Sarasota (Exhibit)
  • Property Class: Office
  • Zoning: DTC
  • County Use Code: 1700

Amenities

  • Plus Four: 4922
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Heating: Central

Ownership Info

1240 4th St has no associated ownership info
1240 4th St has no associated ownership info.

Taxes

1240 4th St has 9 associated Taxes items

1240 4th St, Sarasota, FL pays taxes in Sarasota County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $577,704. The APN we've located for 1240 4th St is 2026-12-0078.

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Taxes
  • Assessed Value:  $577,704
  • Assessed Year:  2025
  • Assessed County:  Sarasota
  • APN:  2026-12-0078
  • Market Land Value:  1015300
  • Tax Amount:  12062.74
  • Tax Year:  2024
  • Market Value:  1177400
  • Market Year:  2025

Tax History

1240 4th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $577,704 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $525,185 Land Value Improvement Value Tax Amount $12,062.74 Change Rate +0.099366% Assessed CR Tax Rate +0.022969%
Year 2023 Assessed Value $987,300 Land Value $968,800 Improvement Value $18,500 Tax Amount $10,972.45 Change Rate +0.028295% Assessed CR Tax Rate +0.011114%
Year 2022 Assessed Value $989,800 Land Value $968,800 Improvement Value $21,000 Tax Amount $10,670.53 Change Rate +0.061915% Assessed CR Tax Rate +0.01078%
Year 2021 Assessed Value $896,200 Land Value $875,200 Improvement Value $21,000 Tax Amount $10,048.38 Change Rate +0.477253% Assessed CR Tax Rate +0.011212%
Year 2020 Assessed Value $435,400 Land Value $412,400 Improvement Value $23,000 Tax Amount $6,802.07 Change Rate +0.048744% Assessed CR Tax Rate +0.015623%
Year 2019 Assessed Value $435,400 Land Value $412,400 Improvement Value $23,000 Tax Amount $6,485.92 Change Rate +0.180888% Assessed CR Tax Rate +0.014896%
Year 2018 Assessed Value $366,500 Land Value $343,500 Improvement Value $23,000 Tax Amount $5,492.41 Change Rate +0.456212% Assessed CR Tax Rate +0.014986%
Year 2017 Assessed Value $242,968 Land Value Improvement Value Tax Amount $3,771.71 Change Rate Assessed CR Tax Rate +0.015523%
Year 2016 Assessed Value $251,700 Land Value $228,700 Improvement Value $23,000 Tax Amount $3,771.71 Change Rate Assessed CR Tax Rate +0.014985%
Year 2015 Assessed Value $200,800 Land Value $177,800 Improvement Value $23,000 Tax Amount $3,771.71 Change Rate -0.155403% Assessed CR Tax Rate +0.018783%
Year 2014 Assessed Value $240,400 Land Value Improvement Value Tax Amount $4,465.69 Change Rate Assessed CR Tax Rate +0.018576%