Studio Apartment in Historic
For Lease
$1,495/Mo
118 INDIAN PLACE #15, Sarasota, FL 34236
Studio unit offers a full kitchen with gas stove and onsite laundry access in a 1926 downtown Sarasota building.
Property Size680 SF
Days on Market16
Property Features for 118 INDIAN PLACE #15
General Information
Standard status
Active
Size
680 SF
Property subtype
Apartment
Building Details
Year Built
1926
Listing Agency:
NEXTHOME EXCELLENCE
(941) 893-4505
Listed By:
Alyssa Cromie · License #3503530
Source:
Endlesssummerrealty
Added: Jul 16
Changed: Jul 25
Last Checked: Jul 31 at 5:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEXTHOME EXCELLENCE
Investment Insights
Based on property information with market context.
This rental studio unit is located in the Ranola, originally built in 1926, and within a building that contains 18 apartments. The studio includes a full kitchen with a gas stove and a bathroom with checkered tile, a deep ceramic bathtub, and a walk-in closet with a vanity area that can also be used for storage. The unit includes access to onsite laundry, and annual rentals include cable and internet.
The property is in downtown Sarasota and described as being close to the marina area and Main Street, with nearby restaurants and shops, along with a short drive to beaches. Parking is available for one vehicle only. A water/sewer/trash/recycling fee applies, with the amount depending on whether there is one tenant or two tenants.
Utilities are managed with gas/FPL electric put in the tenant’s name. Pets are permitted up to two cats or one dog, with dogs accepted on a case-by-case basis.
The property is in downtown Sarasota and described as being close to the marina area and Main Street, with nearby restaurants and shops, along with a short drive to beaches. Parking is available for one vehicle only. A water/sewer/trash/recycling fee applies, with the amount depending on whether there is one tenant or two tenants.
Utilities are managed with gas/FPL electric put in the tenant’s name. Pets are permitted up to two cats or one dog, with dogs accepted on a case-by-case basis.
Key Highlights
- Studio unit in a landmark 1926 downtown Sarasota building
- Full kitchen includes a gas stove
- Bathroom features deep ceramic bathtub, walk‑in closet, and checkered tile
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.96 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,724
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Lease Benchmarks for Sarasota, FL
$29.03 /SF/Yr
Avg Asking Price
$15.36–$47.93 /SF/Yr
Price Range
833 SF
Avg Space Size
This space is priced 9% below the average of $29.03 /SF/Yr.
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Frequently Asked Questions
What type of property is this?
Residential income property - Studio unit offers a full kitchen with gas stove and onsite laundry access in a 1926 downtown Sarasota building.
Where is this residential income property located?
The property is located at 118 INDIAN PLACE #15 Sarasota, FL.
What is the lease rate?
The lease rate is $1,495 /Mo.
What are key features of this property?
This property features: Studio unit in a landmark 1926 downtown Sarasota building; Full kitchen includes a gas stove; Bathroom features deep ceramic bathtub, walk‑in closet, and checkered tile
