Commercial Sale · Industrial
1882 PORTER LAKE DRIVE UNIT 103, 106, 107, 108, SARASOTA, FL, 34240
Active138 days on marketListed Apr 2, 2026MLS #A4688083
About this property
The property at a glance
Located at 1882 Porter Lake Drive in Sarasota, this versatile commercial offering presents a unique portfolio opportunity for both investors and owner-users. The property consists of four flex office/warehouse condominium units—Units 103, 106, and combined Units 107/108—which may be purchased together as a package or separately in select configurations. Units 103 and 106 each have approximately 1,896 square feet and can be acquired individually, making them ideal for smaller businesses or investors seeking flexibility. Units 107 and 108 are combined and available as a package, providing expanded space for larger operational needs. Pictures of the flooring in Unit 107/108 showing grey vinyl style floor have been virtually modified - brand new carpet is being installed. Each unit features a functional layout with a professional front office area and a rear warehouse space. The warehouse areas include roll-up overhead doors, allowing for easy access, loading, and a wide range of commercial applications. Constructed in 1998, the property is well-suited for a variety of uses including light industrial, storage, distribution, service-based businesses, or office/warehouse combinations. Its flexible design and multiple purchase options make it an attractive opportunity for investors looking to diversify or users seeking adaptable space. Situated in an excellent Sarasota location with convenient access to major thoroughfares, this property combines functionality, flexibility, and strong investment potential. Don’t miss the chance to secure a high-demand commercial asset in a growing market.
7,584
Building sq ft
$303
Price / sq ft
1.32
Lot acres
1998
Year built
1
Building
PID
Zoning
Industrial
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$11,930/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
16,356
Population
$126,048
Median income
51.4
Median age
2.55
Avg household
$622,100
Median home value
$2,306/mo
Median rent
1,604
Households w/ kids
Recent sales
What actually sold near 1882 PORTER LAKE DRIVE UNIT 103
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$875,000
4430 MCASHTON STREET UNIT 201
Sold Jun 22, 2026
$1,450,000
5627 LAWTON DRIVE
Sold May 19, 2025
$1,650,000
5639 LAWTON DRIVE
Sold May 19, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1882 PORTER LAKE DRIVE UNIT 103 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1882 PORTER LAKE DRIVE UNIT 103.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of REALTY ONE GROUP MVP · Michelle Morin. MLS #A4688083.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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