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2650 Bahia Vista St
Sarasota, FL 34239
Office Property For Sale
·
51,579 SF
Investment Highlights
- Located near Sarasota Memorial Hospital and within an established medical district.
- On-site common parking available for clients and personnel.
- Recently updated medical office space with a professionally maintained building.
- Positioned along a well-connected city street, close to major Sarasota amenities.
Executive Summary
The property is an office condominium located in a medical complex in Sarasota, Florida. It includes one building with an interior area of 1,274 square feet, heated with a heat pump and central air conditioning. The site has city street frontage and common parking. The construction is concrete with a slab foundation and asphalt road surface. Ceiling heights range from 8 to 9 feet. Zoning is OPB. The property is currently fully leased and situated near Sarasota Memorial Hospital with public road maintenance.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 9.00% |
| Sale Status | Under Contract | APN/Parcel ID | 2035-01-1019 |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 9.00% |
| APN/Parcel ID | 2035-01-1019 |
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.
Sale Notes
Under contract-accepting backup offers. 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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 302 | 1,274 SF | Office/Medical | Upon Request | $31,950 |
Unit 302
| Unit Size |
| 1,274 SF |
| Condo Use |
| Office/Medical |
| Price |
| Upon Request |
| NOI |
| $31,950 |
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Unit 302
| Unit Size | 1,274 SF |
| Condo Use | Office/Medical |
| Price | Upon Request |
| NOI | $31,950 |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 9.00% |
| APN/Parcel ID | 2035-01-1019 |
| 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.</li></ul> | |
| Sale Notes | |
| Under contract-accepting backup offers. 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.</li></ul> |
Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 51,579 SF | Typical Floor Size | 9,991 SF |
| Property Type | Office (Condo) | Year Built | 1977 |
| Property Subtype | Medical | Lot Size | 2.79 AC |
| Building Class | B | Parking Ratio | 6.67/1,000 SF |
| Floors | 3 | ||
| Zoning | OPB - a zoning district that permits small businesses | ||
| Total Building Size | 51,579 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 9,991 SF |
| Year Built | 1977 |
| Lot Size | 2.79 AC |
| Parking Ratio | 6.67/1,000 SF |
| Zoning | OPB - a zoning district that permits small businesses |
Amenities
- Atrium
- Natural Light
- Reception
- Wi-Fi
- Air Conditioning
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
