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Renovated Office Condo Suite
For Sale
Contact for pricing
Pending

205 Montgomery Ave, Sarasota, FL 34243

Two recently renovated office-condo buildings each offer five offices and two private bathrooms, with two additional suites available.

Property Size4,980 SF
Days on Market150

Property Features for 205 Montgomery Ave

General Information

Standard status Pending
Size 4,980 SF
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: Citrus Capital Advisors
Listed By: Zach Kulics · License #FL SL3410345
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 7 at 12:13PM

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 Citrus Capital Advisors

Investment Insights

Based on property information with market context.

This office-condo property offers multiple leased and available suites within four buildings. Buildings 3 and 4 have both been recently renovated and each includes five individual offices along with two private bathrooms, supporting a professional office layout and select medical office use. Building 1 and Building 2 are currently leased under three-year terms, creating in-place occupancy alongside the available spaces. Additional tenant improvement allowance may be offered based on lease rate and term.

The property is located just east of the Sarasota Marina and less than a mile north of Sarasota International Airport.

Buildings 3 and 4 provide ready-to-occupy office-condo space with an internal office count and private bathroom setup already in place, making the configuration straightforward for office users seeking multiple rooms within a compact suite.

Key Highlights

  • Two recently renovated office‑condo buildings (Buildings 3 & 4) each feature five individual offices and two private bathrooms.
  • Buildings 1–2 are leased under 3‑year leases: Building 1 leased 1,520 SF at $2,800/month gross (year 2) and Building 2 leased 1,230 SF at $2,100/month gross (year 1).
  • Two additional suites are available: Buildings 3 & 4 each offer 1,115 SF with comparable rental rate of $2,500/month gross.

Property Analytics

Current Use

Topaz Design Group ... Clothing & Fashion Store Renew Wellness and Regenerative ... Alternative Medicine Practice Chiropractic Associates, Albert ... Alternative Medicine Practice James R. Bell, ... Alternative Medicine Practice John Ciotti Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Pharmacy Building Supply Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

385
Businesses Nearby

Demographics for 34243, FL

30,107
Population
16,287
Households
1.8
Avg Household Size
54
Median Age
43%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
1,673
Density / Sq Mi
$79,799
Median Household Income
$42,586
Median Earnings
$1,960
Median Rent
$395,000
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 units - Two recently renovated office-condo buildings each offer five offices and two private bathrooms, with two additional suites available.
Where is this office units located?
The property is located at 205 Montgomery Ave Sarasota, FL.
What are key features of this property?
This property features: Two recently renovated office‑condo buildings (Buildings 3 & 4) each feature five individual offices and two private bathrooms.; Buildings 1–2 are leased under 3‑year leases: Building 1 leased 1,520 SF at $2,800/month gross (year 2) and Building 2 leased 1,230 SF at $2,100/month gross (year 1).; Two additional suites are available: Buildings 3 & 4 each offer 1,115 SF with comparable rental rate of $2,500/month gross.
More about this property
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