Second-Floor Office
For Sale
Contact for pricing
2477 Stickney Point Rd Suite 202A, Sarasota, FL 34231
Adaptable professional suite with elevator service, parking, and a flexible layout for medical or traditional office use.
Property Size1,491 SF
Price / SF$351.44
Days on Market184
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Property Features for 2477 Stickney Point Rd Suite 202A
General Information
Standard status
Active
Size
1,491 SF
Class
B
Elevators
Yes
Property subtype
Office
Zoning
OPI
Additional Details
Floor
2
Highway Access
Yes
Amenities
atrium-style environment
landscaped grounds
Building Details
Year Built
1982
Stories
1
Tenancy
Multi
Listing Agency:
Michael Saunders & Company
Listed By:
Eric Massey · License #FL 604760
(941) 809-6351
Source:
Crexi
Added: Apr 15
Changed: Oct 5
Last Checked: Oct 14 at 11:21PM
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
Investment Insights
Based on property information with market context.
This 1,491-square-foot office condo occupies the second floor of a multi-tenant professional park. The adaptable layout can support exam rooms, consultation areas, a reception or waiting area, or conventional private and open office arrangements. Elevator access serves the suite, while the property includes open parking and an atrium-style common environment with landscaped grounds. Built in 1982, the property carries OPI zoning.
The office is located at 2477 Stickney Point Road in Sarasota, along an east-west corridor with access to US 41/Tamiami Trail and I-75, which is under 4.5 miles away. The Siesta Key South Bridge, Gulf Gate shopping and dining, and Esplanade at Siesta Key are also identified as nearby destinations.
The space is presented for medical or traditional professional office use and may suit an owner-user or an investor, according to the stated property information.
The office is located at 2477 Stickney Point Road in Sarasota, along an east-west corridor with access to US 41/Tamiami Trail and I-75, which is under 4.5 miles away. The Siesta Key South Bridge, Gulf Gate shopping and dining, and Esplanade at Siesta Key are also identified as nearby destinations.
The space is presented for medical or traditional professional office use and may suit an owner-user or an investor, according to the stated property information.
Key Highlights
- 1,491 SF second‑floor office condo with a flexible configuration
- Elevator access, open parking, atrium‑style setting, and landscaped grounds
- OPI zoning; suitable for medical or traditional office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,373
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,460
$547.5K
Cap Rate 7%
$391,043
$391.0K
Cap Rate 9%
$304,144
$304.1K
Market Conditions
NOI Build-Up for 1,491 SF
Gross rent
$47.8K $32.04/SF
− Vacancy
−$2.1K −$1.44/SF
EGI
$45.6K $30.60/SF
− OpEx
−$18.2K −$12.24/SF
NOI
$27.4K $18.36/SF
Area
Sarasota County, FL
Vacancy
4.50%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,460
Cap Rate 7%
$391,043
Cap Rate 9%
$304,144
Alternative Uses
Best Use
Healthcare Medical
$391.0K
$342.2K – $456.2K
NOI $27,373 @ 7.0% cap · market cap 5.22%
Second Best
Office B
$310.6K
$271.7K – $362.3K
NOI $21,739 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$423.8K
$370.8K – $494.4K
NOI $29,663 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
Explore this area
Business Placement
Demographics for 34231, FL
31,492
Population
19,017
Households
1.7
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
3,350
Density / Sq Mi
$69,721
Median Household Income
$40,608
Median Earnings
$1,707
Median Rent
$363,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Adaptable professional suite with elevator service, parking, and a flexible layout for medical or traditional office use.
Where is this office units located?
The property is located at 2477 Stickney Point Rd Suite 202A Sarasota, FL.
What is the asking price?
The asking price for this property is $524,000.
What are key features of this property?
This property features: 1,491 SF second‑floor office condo with a flexible configuration; Elevator access, open parking, atrium‑style setting, and landscaped grounds; OPI zoning; suitable for medical or traditional office use
