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Listed by Rex Glasson · Courtesy of DOUGLAS ELLIMAN· Agent MLS ID# MFR281504556 · Deemed reliable but not guaranteed. · Data last updated: Aug 11, 2026 · 3:20 PM

234 N RHODES AVE #105

Sarasota, Sarasota, FL, 34237

Active

$365,000

$348/sqft

N/ABeds
0Baths
1,050Sq Ft
2007Built
109Days on Market

About this home

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 & Features

MFRA4691309
$365,000
Active
N/A
0
N/A
N/A
1,050 sqft
0.0000
2007
Commercial Sale
Office
N/A

Community Information

234 N RHODES AVE #105
Franklin Field Bus Center
Sarasota
Sarasota
FL
34237
No

Amenities

N/A
N/A
No
No
No

Interior

N/A
N/A
Central Air
N/A
N/A
N/A
N/A

Exterior

N/A
Block
Slab
N/A
N/A
N/A

School Information

N/A
N/A
N/A

Additional Information

April 24, 2026
109
OCD
N/A
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. DOUGLAS ELLIMAN is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

109 days on market

Listing updated: Aug 11, 2026 · 3:20 PM

Listed by: Rex Glasson · 941-587-6135DOUGLAS ELLIMAN · 941-867-6199

Updated from Real Estate Market Data

Location

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