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$365,000

Active

234 N Rhodes Ave #105, Sarasota, FL 34237

1,050 sq ft

Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4691309

187 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

What’s special

  • End-cap location
  • Three private offices
  • Reception/waiting area
  • Private restroom
  • Front and rear entrances
  • New 2-year lease
  • Income-producing investment

AI-selected highlights from the listing description below.

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 1,050Β± 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.

Facts

Property type
Office
Year built
2007
Flood zone
X
Annual taxes
$3,685/yr
Monthly fees
$818/mo
Listed
Apr 24, 2026
MLS #
A4691309

Commercial details

Building & site

Building size
1,050 SF
Zoning
OCD
Road frontage
Other
Buildings
4

Investor metrics

Price per SF (MLS)
$347.62/SF

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

Price & status history

  1. Listed for $730,000
  2. Price reduced to $365,000

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Take a tour

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234 N Rhodes Ave #105, Sarasota, FL 34237

Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4691309 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:22 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]