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Flex Space with Warehouse Improvements
For Lease
$87,000

1882 PORTER LAKE 107, Sarasota, FL 34240

Double-unit commercial space combines office areas with warehouse functionality and existing storage infrastructure.

Space SizeContact for details
Property Size1,896 SF
Days on Market55

Property Features for 1882 PORTER LAKE 107

General Information

Standard status Active
Size 1,896 SF
Property subtype Industrial

Taxes and HOA fees

Annual Taxes $4,137

Amenities

security and video monitoring system

Building Details

Building Size 1,896 SF
Year Built 1998
Listing Agency: REALTY ONE GROUP MVP
Listed By: Michelle Morin
Source: Elliman
Added: Sep 8 Changed: Oct 25 Last Checked: Nov 1 at 7:34AM

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 REALTY ONE GROUP MVP

Rey
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Investment Insights

Based on property information with market context.

This double-unit flex property combines office and warehouse areas in a configuration suited to businesses requiring both administrative and operational space. Office sections have newly installed carpet, while the warehouse areas feature new epoxy flooring. Existing pallet rack shelving adds built-in storage capacity, and a security and video monitoring system is already in place. The property was built in 1998 and is located at 1882 Porter Lake 107 in Sarasota, Florida. Walk Score is 13 and Bike Score is 38, reflecting a car-dependent setting with some bike accessibility.

Key Highlights

  • Double‑unit flex space with office and warehouse areas
  • New carpet installed in the office areas
  • New epoxy flooring throughout the warehouse

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Sunbelt Electric, Inc. Electrical Service Mary Rebecca Weatherly ... Insurance Agency At Your Services Cleaning General Contractor Buildwerks German Automotive ... Auto Repair Shop Fire Brigade Alarm ... Fire Station

Suggested Use

Top Pick Dental Office Restaurant Spa & Massage Center Real Estate Agency Nail Salon Hair Salon

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

935
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34240, FL

14,428
Population
7,570
Households
1.9
Avg Household Size
49
Median Age
52%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
217
Density / Sq Mi
$126,048
Median Household Income
$53,284
Median Earnings
$2,306
Median Rent
$622,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Sarasota, FL

$19.27 /SF/Yr
Avg Asking Price
$12–$45.89 /SF/Yr
Price Range
10,278 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Double-unit commercial space combines office areas with warehouse functionality and existing storage infrastructure.
Where is this flex space located?
The property is located at 1882 PORTER LAKE 107 Sarasota, FL.
What is the lease rate?
The lease rate is $87,000.
What are key features of this property?
This property features: Double‑unit flex space with office and warehouse areas; New carpet installed in the office areas; New epoxy flooring throughout the warehouse
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