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$365,000
$348/sqft50% reduced
HOA: $2,454/quTaxes: $3,685/yr109d on market
0 Baths|1,050 Sq Ft|Built 2007
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💡 Price recently reduced — this could be a great opportunity to negotiate.

C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

Here's what we know about this listing.

Why this home stands out

  • Price reduced 50% ($365,000 off original)
  • 109+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

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.

County
Sarasota
Zip Code
34237

Neighborhood

Map unavailable

Type
Office
Living Area
1,050 sqft
Construction
Block
Roof
Flooring
Pool
None
HOA
$2,454 / Quarterly
Bedrooms
Bathrooms
0
Year Built
2007
Construction
Block
Flooring
Roof
Garage Spaces
0
Cooling
Central Air
Heating
Waterfront
No
Pet Restrictions
Lot Size
0 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2025
Annual Tax Amount
$3,685

Association Fees

  • HOA Fee

    $2,454/ Quarterly

Down Payment20% — $73,000
Interest Rate6.50%
Loan Term
Est. Mortgage
$1,846
HOA Fee
$818
Est. Property Tax
$307
Est. Insurance
$122
Total Est. Monthly Cost$3,092

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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