Industrial Flex Condo
For Sale
$396,000
4545 MARIOTTI COURT B, Sarasota, FL 34233
Well-maintained flex condo unit offering versatile space suitable for a range of light industrial and service uses.
Property Size1,359 SF
Price / SF$291.39
Days on Market565
Property Features for 4545 MARIOTTI COURT B
General Information
Standard status
Active
Size
1,359 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,761
Building Details
Year Built
2000
Listing Agency:
LIMITLESS SKY REAL ESTATE LLC
(941) 312-6014
Listed By:
Katy Oliva Anariba · License #3404169
(941) 536-7091
Source:
Exitrealty
Added: Mar 23, 2025
Changed: Sep 1
Last Checked: Sep 15 at 6:13AM
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 LIMITLESS SKY REAL ESTATE LLC
Investment Insights
Based on property information with market context.
Unit M at 4545 Mariotti Court is a well-maintained industrial flex condo within McIntosh Business Park, offering 1,386 square feet of adaptable space. The layout is designed to accommodate a range of business needs, including light industrial, professional office, contractor operations, showroom, or specialty trade use.
The unit is situated just south of Clark Road in Sarasota County’s commercial corridor. Access is supported by proximity to the Clark Road/I-75 interchange, providing convenient routing for service operations and client access serving the greater Sarasota-Bradenton metro area.
The unit is situated just south of Clark Road in Sarasota County’s commercial corridor. Access is supported by proximity to the Clark Road/I-75 interchange, providing convenient routing for service operations and client access serving the greater Sarasota-Bradenton metro area.
Key Highlights
- Industrial flex condo built in 2000 in McIntosh Business Park, Unit M at 4545 Mariotti Court
- 4545 Mariotti Court unit offers 1,386 SF of flexible space for light industrial and service/professional uses
- Well‑maintained unit suited for owner‑users or investors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,233
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,660
$424.7K
Cap Rate 7%
$303,329
$303.3K
Cap Rate 9%
$235,922
$235.9K
Market Conditions
NOI Build-Up for 1,359 SF
Gross rent
$32.6K $24.00/SF
− Vacancy
−$2.3K −$1.68/SF
EGI
$30.3K $22.32/SF
− OpEx
−$9.1K −$6.70/SF
NOI
$21.2K $15.62/SF
Area
Sarasota County, FL
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,660
Cap Rate 7%
$303,329
Cap Rate 9%
$235,922
Alternative Uses
Best Use
Retail
$303.3K
$265.4K – $353.9K
NOI $21,233 @ 7.0% cap · market cap 5.36%
Second Best
Office B
$283.1K
$247.7K – $330.2K
NOI $19,814 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$386.2K
$338.0K – $450.6K
NOI $27,037 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,083
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Alday's BBQ — 3877 Clark Rd, Sarasota, FL 34233
- Paisani Food Truck — 4478 McAshton St, Sarasota, FL 34233
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained flex condo unit offering versatile space suitable for a range of light industrial and service uses.
Where is this flex space located?
The property is located at 4545 MARIOTTI COURT B Sarasota, FL.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: Industrial flex condo built in 2000 in McIntosh Business Park, Unit M at 4545 Mariotti Court; 4545 Mariotti Court unit offers 1,386 SF of flexible space for light industrial and service/professional uses; Well‑maintained unit suited for owner‑users or investors
