Second-Floor Office
2831 Ringling Boulevard Sarasota, FL 34237
2831 Ringling Boulevard, Sarasota, FL, 34237
Contact for pricing
For Sale
Contact for pricing
Second-floor office suite with reception area, three private offices, and private restroom and kitchenette.
Property Size635 SF
Price / SF$393.70
Days on Market9
Property Features for 2831 Ringling Boulevard
General Information
- Standard status
- Active
- Size
- 635 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agency
Loyd Robbins & Co
(941) 957-9300
Listed by
Loyd Robbins · License #FL 3577625
Source
Crexi
Added: Jul 14 Updated: Jul 21 at 10:11AM Checked: Jul 21 at 10:11AM
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 Loyd Robbins & Co
Investment Insights
Based on property information with market context.
Ringling Professional Center presents a well-maintained second-floor office condominium offering a functional reception/work area that opens into three private offices. The suite includes a private restroom and kitchenette, along with large windows and two private covered balconies for natural light and outdoor space. Elevator access serves the building for added convenience.
The property is described as centrally located with easy access from Ringling Boulevard or Fruitville Rd, placing it within minutes of Downtown Sarasota and key destinations including the courthouse and Sarasota Memorial Hospital. The center is noted for mature landscaping, ample parking, and attractive architecture.
Zoning is listed as CN, supporting a wide variety of professional office users. The building’s condominium configuration and interior layout make the suite suitable for organizations needing a mix of reception space and multiple private offices.
The property is described as centrally located with easy access from Ringling Boulevard or Fruitville Rd, placing it within minutes of Downtown Sarasota and key destinations including the courthouse and Sarasota Memorial Hospital. The center is noted for mature landscaping, ample parking, and attractive architecture.
Zoning is listed as CN, supporting a wide variety of professional office users. The building’s condominium configuration and interior layout make the suite suitable for organizations needing a mix of reception space and multiple private offices.
Key Highlights
- Second‑floor office condominium suite with 635 SF of office space
- Reception/work area plus three private offices for flexible workspace, conference, or administrative use
- Private restroom and kitchenette within the suite
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.6k | $23.04 |
| − Vacancy | −$805 | −$1.27 |
| EGI | $13.8k | $21.77 |
| − OpEx | −$3.5k | −$5.44 |
| NOI | $10.4k | $16.33 |
635 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$148.1K
$129.6K – $172.8K
NOI $10,369 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$186.7K
$163.4K – $217.9K
NOI $13,071 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tia E. Jensen, ...
Consultant
Elite Permits of Sarasota
Consultant
Jacqueline S. Roller, ...
Crisis Center
Bruce A. Robertson, M.S., ...
Psychotherapist
Talk To A Florida Therapist
Counselor
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor office suite with reception area, three private offices, and private restroom and kitchenette.
Where is this office units located?
The property is located at 2831 Ringling Boulevard Sarasota, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Second‑floor office condominium suite with 635 SF of office space; Reception/work area plus three private offices for flexible workspace, conference, or administrative use; Private restroom and kitchenette within the suite
