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Opportunity Zone Leased Office Building
For Sale
$6,925,000

1844-1864 17th St., Sarasota, FL 34234

Long-term state tenants in an Opportunity Zone.

Property Size43,310 SF
Days on Market178

Property Features for 1844-1864 17th St.

General Information

Standard status Active
Size 43,310 SF
Class B
Property subtype Office
Net Operating Income $485,000

Building Details

Building Size 43,310 SF
Year Built 1982
Listing Agency:
Listed By: Ken Hoskinson, Jr. · License #FL #SL 648297
Source: Hembreeco
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 30 at 4:11PM

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 Ken Hoskinson, Jr.

Investment Insights

Based on property information with market context.

This commercial property features long-term state tenants and is situated in an Opportunity Zone. The state leases are full service. The property appears to require no deferred maintenance, potentially simplifying ownership.

Key Highlights

  • Long‑term state tenants provide stable income.
  • Located in an Opportunity Zone, offering potential tax benefits.
  • 7.0% CAP rate indicates strong investment return.**

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Pharmacy Veterinary Clinic (Bike/Boat/Book/etc) Store Florist Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,401
Businesses Nearby

Demographics for 34234, FL

20,858
Population
10,257
Households
2
Avg Household Size
42
Median Age
28%
College-Educated
86%
High-School Grad
6.5 sq mi
ZIP Area
3,209
Density / Sq Mi
$56,607
Median Household Income
$33,536
Median Earnings
$1,352
Median Rent
$222,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Long-term state tenants in an Opportunity Zone.
Where is this office building located?
The property is located at 1844-1864 17th St. Sarasota, FL.
What is the asking price?
The asking price for this property is $6,925,000.
What are key features of this property?
This property features: Long‑term state tenants provide stable income.; Located in an Opportunity Zone, offering potential tax benefits.; 7.0% CAP rate indicates strong investment return.**
More about this property
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