Ground-Level Office
1188 N TAMIAMI TRAIL #108, Sarasota, FL 34236
For Sale
New
Contact for pricing
A flexible interior combines open work area with support amenities and direct access from shared parking.
Property Size739 SF
Price / SF$35.72
Days on Market6
Property Features for 1188 N TAMIAMI TRAIL #108
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Furnished
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
PEOPLE'S CHOICE REALTY SVC LLC
(813) 933-0677
Listed By:
jimei He · License FL #3057675
(813) 955-5024
Source:
Endlesssummerrealty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 2:49PM
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 PEOPLE'S CHOICE REALTY SVC LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
San Marco’s Suite 108 is a 739-square-foot office unit at 1188 N Tamiami Trail in Sarasota. Its interior has an open layout with a sliding partition, an office nook, a private restroom and a kitchenette. A south-facing glass double-door entrance opens directly to the shared commercial parking area. The building dates to 2006.
The unit is offered unfurnished, and the current tenant’s equipment is excluded. Availability is scheduled for December 1, 2026. Business use, occupancy and lease arrangements require condominium association approval.
The unit is offered unfurnished, and the current tenant’s equipment is excluded. Availability is scheduled for December 1, 2026. Business use, occupancy and lease arrangements require condominium association approval.
Key Highlights
- 739‑square‑foot office unit with an open layout and sliding partition
- Office nook, private restroom and kitchenette
- South‑facing glass double‑door entrance accessible from shared commercial parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,775
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,500
$215.5K
Cap Rate 7%
$153,929
$153.9K
Cap Rate 9%
$119,722
$119.7K
Market Conditions
NOI Build-Up for 739 SF
Gross rent
$16.0K $21.60/SF
− Vacancy
−$1.6K −$2.16/SF
EGI
$14.4K $19.44/SF
− OpEx
−$3.6K −$4.86/SF
NOI
$10.8K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,500
Cap Rate 7%
$153,929
Cap Rate 9%
$119,722
Alternative Uses
Best Use
Office B
$153.9K
$134.7K – $179.6K
NOI $10,775 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.0K
$183.8K – $245.0K
NOI $14,702 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
965
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
$917,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Sarasota, FL
Properties on Market for Office Units in Sarasota
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible interior combines open work area with support amenities and direct access from shared parking.
Where is this office unit located?
The property is located at 1188 N TAMIAMI TRAIL #108 Sarasota, FL.
What are key features of this property?
This property features: 739‑square‑foot office unit with an open layout and sliding partition; Office nook, private restroom and kitchenette; South‑facing glass double‑door entrance accessible from shared commercial parking
