160 Paramount Dr, Sarasota, FL 34232 Property Records

Sarasota County property record for 160 Paramount Dr, Sarasota, FL 34232

Property Summary

Property Type	Multi-Family Dwellings
Details	349,026 sqft · built 2018
Lot Size	8.87 acres (386,376 sqft)
Owner	Company Name on Record
Last Sale	$1,900,000 (Sep 2014)
Tax Bill	$711,585 (2025)
Deeds & Mortgages	May 2021 Mortgage Nov 2019 Loan Modification + 1 more
Flood Zone	Zone X (moderate risk)
APN	`0047-03-0005`

Property Details

APN / Parcel Number

Primary APN	`0047-03-0005`
Alternative APN	`47030005`

Interior

Units	88 Units
Stories	4 Stories
Building Area	349,026 sqft Living Area
Gross Area	352,070 sqft
1st Floor Area	349,026 sqft
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Elevator	Elevator

Exterior

Year Built	Built 2018
Effective Year Built	Effective 2018
Architectural Style	Multi-Family
Exterior Material	Wood
Construction Type	Wood
Foundation Type	Concrete
Roof Type	Hip
Roof Material	Asphalt
Lot Area	386,376 sqft (8.87 acres)
View / Lot	Mainland
Garage Type	Attached
Garage Area	761 sqft

Exterior Amenities

Pool Area	1,400 sqft
Porch	Open Porch
Porch Area	4,867 sqft
Patio Area	3,300 sqft
Total Buildings	8 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	0047030005
Street Address	160 PARAMOUNT DR
City	SARASOTA
State	FL
Zip	34232-6074
Property Category	Residential
Property Type	Residential > Multi-Unit > Multi-Family Dwellings
Local Zoning Code	ILW
Legal Description	LOT 2 & PORTION OF LOT 1 DESC AS COM AT NE COR OF LOT 1 TH S 00-18-51 W 261.62 FT FOR POB TH CONT S 00-18-51 W 157.24 FT TH N 88-58-52 W 100 FT TH S 61-01-08 W 129.05 FT TH N 88-58-52 W 510.11 FT
Legal Range	18E
Legal Township	36S
Legal Section	24
Legal Subdivision	SARASOTA COMMERCE CENTER
Legal Tract	2438
Legal Lot Number	2,1
Jurisdiction	SARASOTA FL
Township / Civil Division	SARASOTA
Census Block Group	2
Census Block	2003
Census Tract	1302

Owner

Source: Sarasota County records, as of August 31, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2502 LAKE LANSING RD, C, LANSING, MI 48912-3661
Owner Type	Company
Vesting	Life Estate

Deeds, Mortgages & Sale History

Date	Document
May 17, 2021	Deed of Trust, Mortgage · Commercial Mortgage KEY BANK NA
Nov 19, 2019	Loan Modification, Mortgage · Line of Credit KEYBANK USA
Nov 19, 2019	Trustee's Deed, Construction Loan · Construction Mortgage KEYBANK USA

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 26, 2014 · Amount on Record
Deed Sale	Sep 26, 2014 · Amount on Record
Prior Sale	Dec 14, 2012 · Amount on Record
Deed Document Number	2014114761
Record Updated	Oct 29, 2026

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SARASOTA FL
Property Address	160 PARAMOUNT DR, SARASOTA, FL 34232-6074
Transaction Type	Mortgage
Record Updated	Feb 5, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2502 LAKE LANSING RD C, C, LANSING, MI 48912-3661

Mortgage

Document Number	0000091198
Date	May 17, 2021
Instrument	2021091198

Lender

Name	KEY BANK NA
Type	Bank
Address	DALLAS, TX 75225

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	15 Months
Due	Aug 16, 2022

November 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	SARASOTA FL
Recording Date	Nov 19, 2019
Property Address	160 PARAMOUNT DR, SARASOTA, FL 34232-6074
Instrument Date	Nov 15, 2019
Instrument	159383
Transaction Type	Mortgage
Record Updated	Dec 5, 2019
Title Company	TITLE SERVICE AND LIAISON COMPANIES, SIMPLIFILE LC E-RECORDING

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2502 LAKE LANSING RD #C LANSING MI 489123661, C, LANSING, MI 48912-3661

Mortgage

Document Number	0000159383
Date	Nov 19, 2019
Instrument	159383

Lender

Name	KEYBANK USA
Type	Bank
Address	4910 TIEDEMAN RD # 3RD, BROOKLYN, OH 44144-2338

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	12 Months
Due	Nov 18, 2020

Interest

Rate Type	Adjustable Rate

November 2019: Trustee's Deed, Construction Loan

Document Type	Trustee's Deed
Jurisdiction	SARASOTA FL
Recording Date	Nov 19, 2019
Property Address	160 PARAMOUNT DR, SARASOTA, FL 34232-6074
Instrument Date	Nov 15, 2019
Instrument	159384
Transaction Type	Construction Loan
Record Updated	Dec 5, 2019
Title Company	TITLE SERVICE AND LIAISON COMPANIES, SIMPLIFILE LC E-RECORDING

Transaction

Tax	$0.00
Additional	Multiple Parcels

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2502 LAKE LANSING RD #C LANSING MI 489123661, C, LANSING, MI 48912-3661

Mortgage

Document Number	0000159384
Date	Nov 19, 2019
Instrument	159384

Lender

Name	KEYBANK USA
Type	Bank
Address	4910 TIEDEMAN RD # 3RD, BROOKLYN, OH 44144-2338

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	12 Months
Due	Nov 18, 2020

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Sarasota County assessment roll, as of December 10, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Sarasota County
Unified School District	Sarasota County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$711,585.00 (-17.02%)	$49,100,100 (-25.68%) Land $9,273,000 Building $39,827,100	$49,100,100 (-25.68%) Land $9,273,000 Building $39,827,100
2023	$857,536.00 (+11.03%)	$66,068,900 (+14.14%) Land $8,520,000 Building $57,548,900	$66,068,900 (+14.14%) Land $8,520,000 Building $57,548,900
2022	$772,360.00	$57,881,700 Land $8,520,000 Building $49,361,700	$57,881,700 Land $8,520,000 Building $49,361,700

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 3, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 38 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	38 in force
Nearby Flood Claims	2 (1997–2008)
Claims Outside the SFHA	1 of 2
Most Recent Claim	Nov 2008 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 97.6% of Florida
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SARASOTA CO SPECIAL UTIL DIST serves 272,267 people · EPA ID FL6581591
Water Source	Purchased surface water from several systems
Last State Inspection	May 2025
Lead	Under 1 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 93 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20

May also be available: T-Mobile.

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