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Description
Medical office condominium for sale near downtown Sarasota, ideally located in close proximity to Sarasota Memorial Hospital and a concentration of established medical practices. This well-positioned commercial condo is fully leased through February 2031 and offers an attractive cap rate of nearly 9%, making it a compelling investment opportunity.The 1274 sq ft interior has been recently updated, and the building is professionally maintained, including a complete roof replacement. Ample on-site parking is available to accommodate both staff and clients. This property presents a stable, long-term income opportunity in a highly desirable medical corridor.
Property Highlights
Property Type: Commercial - Office
Cooling: Central Air
Heating: Heat Pump
Stories: 1.0
Taxes: $3,640
Year Built: 1977
General Information
County: Sarasota
Subdivision: MEDICAL COMPLEX THE
Listed By:
Mitchell Eckley
COLDWELL BANKER REALTY
813-286-6563
MLS ID: TB8454751
Property Features
Condo Fee: $732/ Monthly
Days on Site: 54
Directions: From Fruitville Road go south on Tuttle Ave. Right on Bay Vista Street, building on the left.
Exterior: Concrete
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Ownership: Condominium
Parking: Common
Parking Notes: Common
Property Attached Y/N: No
Property Sub-Type: Office
Sale Includes: Leases
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Do Not Contact Tenants, No Lockbox, See Remarks
Special Sale Provisions: None
Water: None
Water Access Y/N: No
Zoning: OPB
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2650 Bahia Vista Street, Unit 302, Sarasota, FL 34239.
About this area
About Sarasota
Sarasota, FL is a cultural gem. Once home to the Ringling Brothers Circus, Sarasota boasts a rich arts scene that brings people from all over the area to enjoy world-class theater, music, and other performing arts. Sarasota is also a haven with spectacular scenery, turquoise water and white sandy beaches. It offers a delightful downtown with a variety of small boutiques and exceptional restaurants. With its dynamic culture and arts scene and incredible natural beauty, Sarasota is a wonderful place to call “home.”
Learn More About Living in Sarasota, Florida
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