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    3205 Southgate Cir Sarasota, FL 34239

    For Sale
    $1,025,000

    Fully leased office building on Phillippi Creek, Sarasota, FL.

    Property size:
    2,886 SF
    Lot size:
    0.72 Acres

    Property Features for 3205 Southgate Cir

    General Information

    Size
    2,886 SF
    Lot size
    0.72 Acres

    Source: Loyd Robbins & Co. LLC Agent Loyd Robbins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Office Building Investment Opportunity

    This freestanding, fully leased, multi-tenant office building presents an investment opportunity in Sarasota, Florida. Located on the shores of Phillippi Creek, the property encompasses 5,846 square feet on a 0.7-acre lot. The building benefits from high visibility at the Siesta Drive and Tuttle Avenue traffic circle, with exposure to approximately 23,000 vehicles per day. The property is currently divided into two units. Unit 1 comprises 2,886 square feet, and Unit 2 offers 2,960 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Siegel Law Firm Law Firm Sole Solutions Nail Salon Daniel Goldman, Ph.D. Psychologist Redman Timothy PhD Psychologist Joyce M. Watson, ... Psychologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.5134334
    Latitude
    27.3048871

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    FAQs

    What type of property is this?
    Office building - Fully leased office building on Phillippi Creek, Sarasota, FL.
    Where is this office building located?
    The property is located at 3205 Southgate Cir Sarasota, FL.
    What is the asking price?
    The asking price for this property is $1,025,000.
    What are key features of this property?
    This property features: - Fully leased, multi-tenant office building providing immediate income.; - Prime location on Phillippi Creek with high visibility at Siesta Dr & Tuttle Ave traffic circle.; - Exposure to **23,000 vehicles per day**.
    (941) 356-9659
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    3205 Southgate Cir Sarasota, FL 34239
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    Sarasota, FL 34239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3205 Southgate Cir Sarasota, FL 34239
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