Taxes
- Assessed Value: $2,353,500
- Assessed Year: 2025
- Assessed County: Sarasota
- APN: 0246-01-5020
- Assessed Land Value: 1270600
- Market Land Value: 1270600
- Market Value: 2353500
- Market Year: 2025
5550 Lorraine Rd; Sarasota, FL Property Details
Off market
5550 Lorraine Rd Sarasota, FL 34240
$2,353,500 Estimated Value
19,793 SqFt
Property Type
County OwnedProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1995
- APN: 0246-01-5020
- Situs County: Sarasota
Structure
- Building Style: Masonry
- Floor Cover Type: Vinyl
- Stories: 1
- Exterior Wall Type: Stucco
- Interior Wall Type: Block
- Building Condition: Average
- Building Quality: D
- Roof Type: Shed
- Roof Cover Type: Composition Shingle
Measurements
- Total: 19,793/SqFt
- Lot: 6,218,324/SqFt
- Gross: 19,793/SqFt
- Garage: 1,216/SqFt
- Living: 18,577/SqFt
- Building: 19,793/SqFt
- Ground: 18,577/SqFt
Legal Description
- Description: COM AT SE COR OF SEC 34-36-19 TH S 89-57 W 67.37 FT TH N 00-20-35 E 448.62 FT TH S 89-57 W 83.33 FT FOR POB TH N 00-15-15 E 560.89 FT TH N 62-56-09 W 2502.25 FT TH S 89-52-06 W 1909.46 FT
Building Insights
Land Information
- Property Type: County Owned
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Sarasota County School District
- Lat / Lon: 27.301105 / -82.39685
- Subdivision: Palmer Farms 3rd Unit
- Property Class: Exempt
- Zoning: GU
- County Use Code: 8610
Amenities
- Plus Four: 2414
- Cooling: Central
- Garage: Attached Garage
- Heating: Central
- Parking: 7
Ownership Info
5550 Lorraine Rd has no associated ownership info
5550 Lorraine Rd has no associated ownership info.
Taxes
5550 Lorraine Rd has 8 associated Taxes items
5550 Lorraine Rd, 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 $2,353,500. The APN we've located for 5550 Lorraine Rd is 0246-01-5020.
Unlock the full reportTax History
5550 Lorraine Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $2,353,500 | Land Value $1,270,600 | Improvement Value $1,082,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $2,468,600 | Land Value $1,373,600 | Improvement Value $1,095,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $2,478,100 | Land Value $1,373,600 | Improvement Value $1,104,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $2,379,300 | Land Value $1,291,400 | Improvement Value $1,087,900 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $2,218,400 | Land Value $1,291,400 | Improvement Value $927,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $2,238,800 | Land Value $1,291,400 | Improvement Value $947,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $2,251,700 | Land Value $1,291,400 | Improvement Value $960,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $2,876,900 | Land Value $1,927,200 | Improvement Value $949,700 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value $2,859,300 | Land Value $1,927,200 | Improvement Value $932,100 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $2,705,000 | Land Value $1,734,500 | Improvement Value $970,500 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $2,535,800 | Land Value $1,522,500 | Improvement Value $1,013,300 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $2,570,000 | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |