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Property profile & analytics
FOR LEASE
Office buildings

1777 Main St Sarasota, FL 34236

80,230 SF 2.38 ac lot Built 1975
Individually Owned Free & Clear
Property ID
US18-1147269
Property summary
AI-generated overview

This exceptional Class A executive office suite, located on the third floor of the Truist Building at 1777 Main St, Sarasota, FL 34236, offers 8 individual offices, a dedicated conference room, a well-equipped kitchen, and a convenient copy room. The suite also includes ample storage space and benefits from abundant natural light. Enjoy stunning views of downtown Sarasota from this spacious office. The building features elevators and is situated in a highly desirable location within the Downtown Sarasota (DTC) zoning district, near the Courthouse, a variety of restaurants, movie theaters, and shopping. The property is a single-tenant occupancy within a 10-story building, and ample parking is available. Electricity is included in the lease rate. This sublease opportunity presents a unique chance to secure a prestigious office space in a vibrant urban setting. The sublease term expires August 31, 2026. The building's address is conveniently located at the intersection of Main Street and Osprey. This is a truly remarkable opportunity for a business seeking a sophisticated and functional workspace in the heart of Sarasota. The property type is office, specifically an executive office suite.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1975
Total area 80,230 SF
Lot 2.38 ac (103,798 SF)
Zoning code DTC
APN 2026-15-0086
UPID US18-1147269
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • McGriff Insurance Services Insurance Agency
  • Matt Watkins - Truist Mortgage Loan Officer Loan Service Bank
  • HBKS Wealth Advisors Financial Advisor
  • GenSpring | SunTrust Private Wealth - Sarasota Financial Advisor
  • Chessler Holdings Corporate Office Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$19.20M
Comparable Approach Comparable
$12.89M
Blend (final) Blend
$15.67M
Owner & transaction history
SUNTRUST BANK GULF COAST
SUNTRUST BANK GULF COAST
Zoning & alternative use
DTC · Sarasota, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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