Holmes Beach Office Space
3909 E BAY Dr 115 Holmes Beach, FL 34217
For Sale
$495,000
Rare office space in the heart of Holmes Beach.
Property Size988 SF
Lot Size0.53 Acres
Price / SF$501.01
Days on Market128
Property Features for 3909 E BAY Dr 115
General Information
Standard status
Active
Size
988 SF
Lot size
0.53 Acres
Property subtype
Commercial
Building Details
Year Built
1985
Listing Agency:
ISLAND REAL ESTATE-ANNA MARIA
(941) 465-0045
Listed By:
Jennifer Chatt · License #3423831
(941) 465-0045
Source:
Elliman
Added: Mar 24
Changed: Jul 6
Last Checked: Jul 29 at 10:51AM
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 ISLAND REAL ESTATE-ANNA MARIA
Investment Insights
Based on property information with market context.
Office space is available within a commercial condominium located in Holmes Beach on Anna Maria Island. The building features an elevator and public restrooms for men and women on the second and third floors. Sign space is available, along with one parking spot under the building and additional exterior parking. The building houses a mix of financial planning, medical offices, and construction businesses. The 988-square-foot space includes a break room with an updated galley kitchen. The layout features three areas with desk counters to accommodate multiple office spaces, as well as a room with shelving for storage. The interior has a coastal design with ship lap walls and large doors with glass. The space is suitable for a small to medium-sized professional office. Situated directly off the main commercial thoroughfare running north and south on Anna Maria Island, the location is near Publix, CVS, Walgreens, and the largest shopping area on Anna Maria Island. This location is suitable to service residents and visitors of Anna Maria Island. Owner financing will be considered.
Key Highlights
- Prime location in the heart of Holmes Beach, Anna Maria Island, directly off the main commercial thoroughfare and near Publix, CVS, Walgreens, and the island's largest shopping area.
- Rare office space in a well‑established commercial building with diverse occupants (financial planning, medical, construction).
- Equipped with elevator, public restrooms, sign space, and one covered parking spot.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.8k | $23.04 |
| − Vacancy | −$1.3k | −$1.27 |
| EGI | $21.5k | $21.77 |
| − OpEx | −$5.4k | −$5.44 |
| NOI | $16.1k | $16.33 |
988 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$230.5K
$201.7K – $268.9K
NOI $16,134 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.5K
$254.2K – $339.0K
NOI $20,338 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Rare office space in the heart of Holmes Beach.
Where is this office units located?
The property is located at 3909 E BAY Dr 115 Holmes Beach, FL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime location in the heart of Holmes Beach, Anna Maria Island, directly off the main commercial thoroughfare and near Publix, CVS, Walgreens, and the island's largest shopping area.; Rare office space in a well‑established commercial building with diverse occupants (financial planning, medical, construction).; Equipped with elevator, public restrooms, sign space, and one covered parking spot.
