Commercial Condo on Bee
For Sale
$449,000
4509 BEE RIDGE Rd, Sarasota, FL 34233
1,350 SF office/retail condo with frontage on Bee Ridge.
Property Size1,350 SF
Price / SF$332.59
Days on Market102
Property Features for 4509 BEE RIDGE Rd
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Commercial
Building Details
Year Built
1972
Listing Agency:
Preferred Shore
(941) 518-6809
Listed By:
Juwan Rivas · License #3116606
(941) 518-6809
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 2 at 11:43AM
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 Preferred Shore
Investment Insights
Based on property information with market context.
This 1,350 square foot commercial condominium is suitable for office or retail use. It fronts directly onto Bee Ridge Road in Sarasota, Florida, situated just east of McIntosh Road. The property benefits from excellent visibility, signage opportunities, and ample parking. The unit features a wide-open reception and waiting area, along with two restrooms. Currently, the space is operating as a therapy center. The location provides convenient access to I-75 and US-41 (Tamiami Trail). The bike score is 37, indicating it is somewhat bikeable, while the walk score is 6, suggesting car dependence.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
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 | $31.1k | $23.04 |
| − Vacancy | −$1.7k | −$1.27 |
| EGI | $29.4k | $21.77 |
| − OpEx | −$7.3k | −$5.44 |
| NOI | $22.0k | $16.33 |
1,350 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$314.9K
$275.6K – $367.4K
NOI $22,045 @ 7.0% cap · market cap 4.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.0K
$347.4K – $463.2K
NOI $27,789 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 34233, FL
18,723
Population
9,427
Households
2
Avg Household Size
52
Median Age
41%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,069
Density / Sq Mi
$77,041
Median Household Income
$44,222
Median Earnings
$1,787
Median Rent
$364,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 1,350 SF office/retail condo with frontage on Bee Ridge.
Where is this office units located?
The property is located at 4509 BEE RIDGE Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
