11-Story Class-A Office
For Lease
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240 S Pineapple Ave, Sarasota, FL 34236
11-story Class-A office tower with contemporary upgrades and state-of-the-art security.
Property Size345 SF
Days on Market148
Property Features for 240 S Pineapple Ave
General Information
Standard status
Active
Size
345 SF
Class
A
Property subtype
OFFICE
Lease Type
SF/mo
Building Details
Stories
11
Listing Agency:
Ian Black Real Estate, LLC
(941) 356-5042
Listed By:
Jag Grewal CCIM, SIOR
(941) 356-5042
Source:
Moodyscre
Added: Mar 9
Changed: Jul 29
Last Checked: Aug 2 at 1:41PM
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 Ian Black Real Estate, LLC
Investment Insights
Based on property information with market context.
240 S. Pineapple Ave is an 11-story Class-A office tower featuring a reported $4-million upgrade with contemporary design, elegant finishes, state-of-the-art security, and green practices.
The building sits within downtown Sarasota’s retail corridor, adjacent to the Aloft hotel, and within walking distance of restaurants, bars, shops, and Whole Foods. It is also across the street from “The Mark,” a newer condo complex with more than 25,000 SF of retail and office space. The property is described as having a walkability score of 96 and plenty of parking.
The building sits within downtown Sarasota’s retail corridor, adjacent to the Aloft hotel, and within walking distance of restaurants, bars, shops, and Whole Foods. It is also across the street from “The Mark,” a newer condo complex with more than 25,000 SF of retail and office space. The property is described as having a walkability score of 96 and plenty of parking.
Key Highlights
- 11‑story Class‑A office tower in the heart of downtown Sarasota’s business district.
- Completed a $4‑million upgrade with contemporary designs and elegant finishes.
- State‑of‑the‑art security.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.26 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,281
Businesses Nearby
Explore this area
Business Placement
Demographics for 34236, FL
14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value
Market
Lease Benchmarks for Sarasota, FL
$813,119 /SF/Yr
Avg Asking Price
$37–$2,200,000 /SF/Yr
Price Range
6,562 SF
Avg Space Size
This space is priced 100% below the average of $813,119 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 11-story Class-A office tower with contemporary upgrades and state-of-the-art security.
Where is this office building located?
The property is located at 240 S Pineapple Ave Sarasota, FL.
What is the lease rate?
The lease rate is $1,200 /Mo.
What are key features of this property?
This property features: 11‑story Class‑A office tower in the heart of downtown Sarasota’s business district.; Completed a $4‑million upgrade with contemporary designs and elegant finishes.; State‑of‑the‑art security.