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$365,000

234 N RHODES AVENUE UNIT 105, SARASOTA, FL 34237

3D Tour
Active165 days on market

Beds

—

Baths

0

Sq Ft

1,050 sq ft

Year Built

2007

Lot Size

—

Garage

—

About This Property

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.

Property Overview

Property TypeCommercial Sale
Sub TypeOffice
MLS #A4691309
StatusActive
Year Built2007
ConstructionBlock
FoundationSlab
SubdivisionFRANKLIN FIELD BUS CENTER
CountySarasota
OwnershipCondominium

Interior Features

CoolingCentral Air

Exterior & Lot

Road SurfaceAsphalt, Paved
0

Utilities

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$365,000
Original Price$730,000
Annual Taxes$3,685 (2025)
FinancingCash
ZoningOCD
Parcel #2030132005

Directions

east on fruitville past tuttle. left on rhodes ave.

Location

234 N RHODES AVENUE UNIT 105, SARASOTA, FL 34237

Listing Information

OfficeDOUGLAS ELLIMAN
ListedApril 24, 2026

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Home Price

$365,000

20% ($73,000)
6.75%

Loan Term

Principal & Interest$1,894
Property Tax (est.)$335
Insurance (est.)$150
Total Monthly$2,378
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 11, 2026.

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