Medical Office
2650 Bahia Vista Street Suite 310, Sarasota, FL 34239
For Sale
Contact for pricing
Six private rooms, a reception and waiting area, a kitchenette, and two restrooms support a flexible professional layout.
Property Size1,032 SF
Price / SF$289.73
Days on Market51
Property Features for 2650 Bahia Vista Street Suite 310
General Information
Standard status
Size
Property subtype
Amenities
lushly landscaped interior courtyard
Listing Agency:
Core Commercial Group
Listed By:
Diane Lawson · License FL BK581055
(941) 780-6136
Source:
Crexi
Added: Sep 21
Changed: Oct 26
Last Checked: Nov 8 at 6:41AM
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 Core Commercial Group
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Investment Insights
Based on property information with market context.
Suite 310 contains approximately 1,032 square feet arranged with a reception and waiting area, six private offices or treatment rooms, a kitchenette, and two restrooms. The configuration serves medical and professional office functions. The property is part of a complex with an interior landscaped courtyard and surface parking for staff and visitors.
The suite is on Bahia Vista Street in Sarasota, near Sarasota Memorial Hospital and downtown Sarasota.
The suite is on Bahia Vista Street in Sarasota, near Sarasota Memorial Hospital and downtown Sarasota.
Key Highlights
- Approximately 1,032 SF of medical office space
- Six private offices or treatment rooms
- Reception and waiting area, kitchenette, and two restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,946
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$378,920
$378.9K
Cap Rate 7%
$270,657
$270.7K
Cap Rate 9%
$210,511
$210.5K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$33.1K $32.04/SF
− Vacancy
−$1.5K −$1.44/SF
EGI
$31.6K $30.60/SF
− OpEx
−$12.6K −$12.24/SF
NOI
$18.9K $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%
$378,920
Cap Rate 7%
$270,657
Cap Rate 9%
$210,511
Alternative Uses
Best Use
Healthcare Medical
$270.7K
$236.8K – $315.8K
NOI $18,946 @ 7.0% cap · market cap 6.34%
Second Best
Office B
$215.0K
$188.1K – $250.8K
NOI $15,047 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$293.3K
$256.6K – $342.2K
NOI $20,531 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Properties on Market for Medical Office Space in Sarasota
Vacancy Rate% for Office in South region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Six private rooms, a reception and waiting area, a kitchenette, and two restrooms support a flexible professional layout.
Where is this medical office space located?
The property is located at 2650 Bahia Vista Street Suite 310 Sarasota, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 1,032 SF of medical office space; Six private offices or treatment rooms; Reception and waiting area, kitchenette, and two restrooms
