234 RHODES AVENUE #105

SARASOTA, FL 34237

Listing courtesy of DOUGLAS ELLIMAN · MLS# A4691309

$365,000

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Property Details

Building size

1,050 sq ft

Lot size

—

Zoning

OCD

MLS#

A4691309

Listed

April 24, 2026

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.

Facts & Costs

Property type: Office
Building size: 1,050 sq ft
Zoning: OCD
Year built: 2007
Price per sq ft: $348
Days on market: 159
Waterfront: No
Subdivision: FRANKLIN FIELD BUS CENTER
County: Sarasota
Flood zone: X

Monthly & yearly costs

Property taxes: $3,685 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Cooling: Central Air
Construction: Block

Payment Estimate

$2,153 / month

Principal & interest: $1,846
Property taxes: $307
HOA: $0
Home insurance: enter below

Down payment (20%)$73,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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