$365,000
Active234 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 listingβs MLS record last changed .
About this property
Whatβs 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
- Listed for $730,000
- Price reduced to $365,000
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234 N Rhodes Ave #105, Sarasota, FL 34237
Listing courtesy of DOUGLAS ELLIMAN Β· MLS# A4691309 Β· Active
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.



