Commercial Sale · Office
234 N RHODES AVENUE UNIT 105, SARASOTA, FL, 34237
Active111 days on marketListed Apr 24, 2026MLS #A4691309
About this property
The property at a glance
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.
1,050
Building sq ft
$348
Price / sq ft
0
Lot acres
2007
Year built
4
Buildings
OCD
Zoning
Office
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
$2,108/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
17,568
Population
$63,133
Median income
40
Median age
2.22
Avg household
$234,400
Median home value
$1,524/mo
Median rent
1,705
Households w/ kids
Recent sales
What actually sold near 234 N RHODES AVENUE UNIT 105
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$7,200
2831 RINGLING BOULEVARD UNIT 110
1,037 sqft · $7/sqft · Sold Apr 18, 2026
$270,000
2831 RINGLING BOULEVARD UNIT 106B
1,037 sqft · $260/sqft · Sold Sep 3, 2025
$329,000
306 N RHODES AVENUE UNIT 111
1,017 sqft · $324/sqft · Sold Jun 11, 2026
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 234 N RHODES AVENUE UNIT 105 — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 234 N RHODES AVENUE UNIT 105.
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 DOUGLAS ELLIMAN · Rex Glasson. MLS #A4691309.
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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