Coldwell Banker Realty · Lakewood Ranch, FL
234 N RHODES AVENUE #105
For Sale · Listing #MFRA4691309

234 N RHODES AVENUE #105

SARASOTA, FL 34237 · FRANKLIN FIELD BUS CENTER
$365,000
Price
1,050
Sq Ft
2007
Year Built

Overview

About this home

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.

Details

Property typeOffice
StatusFor Sale
CountySarasota
Year built2007

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