234 N Rhodes Avenue Unit 105, Sarasota, FL 34237

$365,000
1,050
SqFt

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List Price
$365,000
Status
Active
Days on Market
115
Price Change
▼ $365,000 1782416060
MLS#
A4691309
Property Style
Office
Year Built
2007
Living Area
1,050
Total Acreage
Non-Applicable
Monthly Condo Fee
818
Legal Subdivision Name
Franklin Field Bus Center
MLS Area Major
Sarasota

Property Description

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.

Additional Information

Taxes Annual
$3685
Condo Fees
$2454
Condo Fees Term
Quarterly
Community Features
No Deed Restriction
Zoning
OCD
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
2030132005
Legal Description
UNIT 105, FRANKLIN FIELD BUSINESS CENTER

Listing courtesy of DOUGLAS ELLIMAN. 941-867-6199

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