Renovated Sarasota Medical
1630 S Tuttle Ave, Sarasota, FL 34239
Turnkey medical building with high-end finishes and strong investment potential.
Type:Office
Property size:
7,829 SFPrice / SF:
$440/SF- Added:
- Mar 6, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 6 at 12:42 am
Property Features for 1630 S Tuttle Ave
General Information
- Standard status
- Active
- Size
- 7,829 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agent David Carlson License #BK3231913 (773) 458-3282
Listing office SVN - Commercial Partners | Sarasota (773) 458-3282
Listing date Mar 6, 2026
Source Svncp
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 SVN - Commercial Partners | Sarasota
HighLights
- 100% Occupancy with Two Medical Tenants: Provides immediate and stable income
- Five‑Year Triple Net Lease at $30/ft: Offers a secure, hands‑off investment with predictable returns
- 6.81% CAP Rate / $234,870 Yearly Income: Represents a strong return on investment with built‑in increases
- Impeccably Renovated with High‑End Finishes: Turnkey condition minimizes immediate capital expenditures
- Versatile Layout with 14 Exam Rooms, X‑Ray, Gym, and Offices: Suitable for a variety of medical practices
- Prime Sarasota Location Near SMH and Downtown: Proximity to key amenities and a dynamic market enhances tenant appeal
Overview
Located in Sarasota, Florida, this renovated 7,829 square foot building is a turnkey investment opportunity. The property features high-end interior finishes and a versatile layout. It includes 14 fully-equipped exam rooms, an updated X-ray room, seven private staff offices, a spacious gym and physical therapy area, and a waiting area with dual reception desks. The building is of hurricane-proof construction. The property is currently 100% occupied and leased by two medical professionals on a five-year triple net lease at a lease rate of $30 per square foot triple net. The property generates a yearly income of $234,870, reflecting a 6.81% CAP rate, with built-in increases. The property is near Sarasota Memorial Hospital and downtown Sarasota. The location provides access to cultural attractions, dining, and waterfront views. The downtown district offers shops and entertainment, while Sarasota Bay provides a tranquil escape. Nearby attractions include the Ringling Museum of Art, Marina Jack, and St. Armands Circle. This property is suitable for 1031 exchange or passive income opportunities.
Property Profile
Location Intelligence
Current Use by Public Records
Wolff Andrew M ...
Physician
Ashley Lowdermilk
Physician
Regen SRQ
Physician
Megan Thompson
Physician
Dr. Joseph Greschner
Physician
Similar Places Nearby
- Dr. Nina's Animal Hospital Sarasota — 2959 Fruitville Rd, Sarasota, FL 34237
- Dr Nina's animal hospital — 202 N Rhodes Ave, Sarasota, FL 34237
- Sarasota Veterinary Services — 1090 N Tuttle Ave, Sarasota, FL 34237
Location Insight
- Map
- Local Demand
- City
- Sarasota
- County
- Manatee
- State
- Florida
- Longitude
- -82.5144
- Latitude
- 27.3182
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Turnkey medical building with high-end finishes and strong investment potential.
Where is this medical office space located?
The property is located at 1630 S Tuttle Ave Sarasota, FL.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 100% Occupancy with Two Medical Tenants: Provides immediate and stable income; Five‑Year Triple Net Lease at $30/ft: Offers a secure, hands‑off investment with predictable returns; **6.81% CAP Rate / $234,870 Yearly Income**: Represents a strong return on investment with built‑in increases
