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Global Court Flex Condo

1550 Global Court Sarasota, FL 34240

1550 Global Court, Sarasota, FL, 34240
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For Sale
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Flex condo available for sale in Global Court.

Property Size2,352 SF
Price / SF$265.73
AddedMay 21
Days on Market56
Last RefreshMay 27 at 8:18 am

Property Features for 1550 Global Court

General Information

Standard status
Active
Size
2,352 SF
Property subtype
Industrial

Building Details

Year Built
2003

Listing office Harry E. Robbins Associates, Inc

Listing date May 21, 2026

Source Crexi

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 Harry E. Robbins Associates, Inc


Investment Insights

Based on property information with market context.

A flex condo is available for sale. The property, located in Global Court, has a size of 2352 square feet.

Key Highlights

  • Flex Condo
  • Year Built: 2003
  • Global Court Location

Local Financial Insights For Flex RnD

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 $37.5k $15.96
− Vacancy −$1.9k −$0.80
EGI $35.7k $15.16
− OpEx −$12.5k −$5.31
NOI $23.2k $9.86
2,352 SF · lease $15.96/SF/yr · vacancy 5.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$331.1K
$289.8K – $386.3K (±1% cap)
NOI $23,180 @ 7.0% cap · market cap 3.71%
Second Best
Industrial
$282.7K
$247.3K – $329.8K (±1% cap)
NOI $19,787 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$691.6K
$605.2K – $806.9K (±1% cap)
NOI $48,415 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Black Jack Air ... Hardware & Home Improvement

Suggested Use

Dental Office Auto Parts Store Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair Veterinary Clinic Bakery Acupuncture

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

Similar Off Market Nearby

  • Green Apple Catering — 365 Sarasota Center Blvd UNIT D, Sarasota, FL 34240

FAQs

What type of property is this?
Flex space - Flex condo available for sale in Global Court.
Where is this flex space located?
The property is located at 1550 Global Court Sarasota, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Flex Condo; Year Built: 2003; Global Court Location
Contact an agent
(941) 356-1613 Call to check price and availability
More about this property
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