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Freestanding Medical-Office Building
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2455 BEE RIDGE RD, Sarasota, FL 34239

Single-story office building with private pool and covered lanai on Bee Ridge Road in an OPI zoning district.

Property Size2,375 SF
Lot Size0.24 Acres
Price / SF$189.05
Days on Market191

Property Features for 2455 BEE RIDGE RD

General Information

Standard status Active
Size 2,375 SF
Class C
Lot size 0.24 Acres
Property subtype Office
Zoning OPI
Investment Type Owner/User

Site & Location

Traffic Count 25,000 vehicles/day
Road Access Yes

Amenities

private pool
covered lanai

Building Details

Year Built 1957
Year Renovated 2016
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Michael Saunders & Company
Listed By: Eric Massey · License #FL 604760
Source: Crexi
Added: Apr 29 Changed: Nov 3 Last Checked: Nov 4 at 11:08AM

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 Michael Saunders & Company

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Investment Insights

Based on property information with market context.

This freestanding, single-story office building offers a 2,375 SF layout on a 0.24-acre site. Built in 1957 and lightly updated in 2016, the property includes a private pool and a covered lanai that can support client-facing or operational use tied to office, medical, or institutional activity. The building is positioned at a higher elevation than the surrounding area and is offered as a single-tenant asset.

The property fronts Bee Ridge Road and benefits from OPI zoning, described as Office, Professional & Institutional. It is located within minutes of Sarasota Memorial Hospital, Southside Village, downtown Sarasota, and Siesta Key, with Sarasota/Bradenton International Airport approximately 19 minutes away, based on the information provided.

The listing notes flexibility for professional and medical uses under OPI zoning, and advises buyers to confirm specific use approval with Sarasota County prior to closing. Offered with a standalone site and private outdoor amenity, the building is suited for buyers planning a tailored interior refresh to match their practice or office concept.

Key Highlights

  • 2,375 SF single‑story building on Bee Ridge Rd with OPI zoning (office, professional & institutional) and Sarasota County use flexibility
  • Set on a 0.24‑acre lot (10,524 SF) with a private pool and covered lanai
  • Built in 1957; lightly updated in 2016

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,628
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,560 $692.6K
Cap Rate 7%
$494,686 $494.7K
Cap Rate 9%
$384,756 $384.8K
Market Conditions
NOI Build-Up for 2,375 SF
Gross rent
$51.3K $21.60/SF
− Vacancy
−$5.1K −$2.16/SF
EGI
$46.2K $19.44/SF
− OpEx
−$11.5K −$4.86/SF
NOI
$34.6K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,560
Cap Rate 7%
$494,686
Cap Rate 9%
$384,756

Alternative Uses

Best Use
Healthcare Medical
$622.9K
$545.0K – $726.7K (±1% cap)
NOI $43,602 @ 7.0% cap · market cap 9.71%
Second Best
Office B
$494.7K
$432.9K – $577.1K (±1% cap)
NOI $34,628 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$675.0K
$590.6K – $787.5K (±1% cap)
NOI $47,250 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Electrical Service Grocery & Convenience Store Storage Facility HVAC Service

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

25,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,114
Businesses Nearby

Demographics for 34239, FL

15,049
Population
8,044
Households
1.9
Avg Household Size
52
Median Age
45%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,420
Density / Sq Mi
$76,378
Median Household Income
$42,017
Median Earnings
$1,522
Median Rent
$418,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Single-story office building with private pool and covered lanai on Bee Ridge Road in an OPI zoning district.
Where is this office building located?
The property is located at 2455 BEE RIDGE RD Sarasota, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 2,375 SF single‑story building on Bee Ridge Rd with OPI zoning (office, professional & institutional) and Sarasota County use flexibility; Set on a 0.24‑acre lot (10,524 SF) with a private pool and covered lanai; Built in 1957; lightly updated in 2016
(941) 809-6351 Call to check price and availability
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