Turnkey Sarasota Office Investment | New 2-Year Lease | $2,950/Month Income-producing professional office condominium in a desirable Sarasota location just minutes from Downtown. This approximately 1,050± SF end-cap unit is fully leased at $2,950/month ($35,400 annual gross rent) with a brand-new 2-year lease, providing immediate cash flow and income from day one. The office features three private offices, reception/waiting area, kitchenette, private restroom, storage/IT room, and front and rear entrances. End-cap location provides additional windows, natural light, visibility, and accessibility. Quarterly condo dues are $1,227. Association approval and first right of refusal apply. A second end-cap office condo in the same building is also available, providing an opportunity to acquire multiple income-producing commercial units within one professional complex. Ideal for investors seeking Sarasota commercial real estate, leased office space, passive income, cash-flowing property, or a 1031 exchange opportunity. Buyer to independently verify lease terms, income, expenses, measurements, zoning, permitted uses, condominium documents, fees, and restrictions.
| MLS # | A4691309 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | For-sale |
| Status | Active |
| Year | 2007 |
| Days On Site | 169 |
| Listing Provided By | DOUGLAS ELLIMAN | Rex Glasson |
| SQ Feet | 1,050 |
|---|---|
| Zoning | OCD |
| Property | 3685 |
|---|
| State | FL |
|---|---|
| County | Sarasota |
| City | SARASOTA |
| Zip Code | 34237 |
| Area | 34237 Sarasota |
| Community Name | FRANKLIN FIELD BUS CENTER |
| Listing VS Median (in FRANKLIN FIELD BUS CENTER) | |
Price: $365,000 low | high Med: $365,000 sqft: 1,050 low | high Med: 1,050 $ / sqft: $348 low | high Med: $348 On site: 169 low | high Med: 169 | |
| State | FL |
|---|---|
| County | Sarasota |
| City | SARASOTA |
| Zip Code | 34237 |
| Area | 34237 Sarasota |
| Community Name | FRANKLIN FIELD BUS CENTER |
| Listing VS Median (in FRANKLIN FIELD BUS CENTER) | |
Price: $365,000 low | high Med: $365,000 sqft: 1,050 low | high Med: 1,050 $ / sqft: $348 low | high Med: $348 On site: 169 low | high Med: 169 | |