2932 LEXINGTON St Sarasota, FL 34231

Building Details

Year Built

1978

Listing agency FRAKES REALTY d***@yahoo.com Show Phone

Listed by Derek Frakes · License #3446503 Show Phone

Source Elliman

Added: Apr 11 Updated: Jul 21 at 12:51AM Checked: Jul 21 at 7:00AM

Report an Issue

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 FRAKES REALTY

---

Investment Insights

Based on property information with market context.

This property is a three-unit income-producing home featuring three separate entry ways. The layout allows for multiple rental configurations, including renting two units while occupying one, or joining all three units together for a larger single-family setup.

The property is described as being minutes from Sarasota’s major attractions, including Siesta Key Beach, Selby Gardens, Downtown Sarasota, Longboat Key, and University Town Center Mall.

With its standalone entries and three-unit configuration, the home supports both investment and owner-occupant use, depending on how the units are combined or leased.

Key Highlights

• 3 income‑producing units with three separate entry ways for flexible rental or owner‑occupied living
• Year built 1978
• Flexible setup to rent two units and occupy one, or combine all 3 into one home

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,949,000

  8,460 SF

  Corner Professional Office Building

  Comprehensive renovation underway for an office building with new roof, seven HVAC systems, and flexible medical or office-ready layouts.

  7458 N TAMIAMI Trail, SARASOTA, FL 34243

  View Details
• 

  $3,295,000

  4,625 SF

  Showroom, Warehouse and Outdoor Display

  Freestanding showroom, office, warehouse, and outdoor display on a corner lot with ILW zoning.

  4343 Clark Rd, Sarasota, FL 34233

  View Details
• 

  $2,278,000

  4,496 SF

  PDQ Absolute NNN Restaurant

  4,496 SF PDQ restaurant offered with an absolute NNN lease structure and corner access with two ingress/egress points.

  5164 S Tamiami Trail, Sarasota, FL 34231

  View Details
• 

  $798,000

  3,000 SF

  Two-Unit Office Building

  Refreshed 2008-built office space offers a flexible layout that can be split into two units for owner-occupancy or leasing.

  8245-8249 S VICELA Dr N 6 & 7, Sarasota, FL 34240

  View Details
• 

  $9,700,000

  9,313 SF

  Two-Story Mixed-Use Corner Building

  Corner commercial building with three street frontages, leased restaurant ground floor, and flexible second-floor office or hospitality space.

  40 S BLVD OF THE PRESIDENTS, SARASOTA, FL 34236

  View Details
• 

  $535,000

  2,268 SF

  South Sarasota Office Condo

  Highly visible office condo in South Sarasota with flexible layout.

  7085 S Tamiami Trl, Sarasota, FL 34231

  View Details
• 

  $950,000

  2,428 SF

  Second-Floor Office Double Unit

  Second-floor double office unit on Fruitville Road with on-site parking and income-earning flexibility for investors or owner-users.

  1348 Fruitville Road Unit 203 & 20, Sarasota, FL 34236

  View Details
• 

  $699,000

  3,058 SF

  Versatile Commercial Property For Sale

  Well-maintained commercial property with office and retail layout.

  3627 WEBBER STREET, SARASOTA, FL 34232

  View Details
• 

  $1,700,000

  7,680 SF

  Air-Conditioned Industrial Flex Building

  Air-conditioned industrial flex building with offices, conference space, and multiple overhead doors on well and septic.

  5654 SARAH AVENUE, SARASOTA, FL 34233

  View Details
• 

  $1,995,000

  3,750 SF

  Industrial Flex Property with Storage

  Metal-framed flex building with A/C office and warehouse bay doors plus fenced adjacent outdoor storage access.

  2011 CORNELL St, Sarasota, FL 34237

  View Details
• 

  $1,750,000

  3,554 SF

  Extensively Renovated Retail Storefront

  Extensively upgraded in 2025 with new storefronts and key building systems; currently 100% leased to two national tenants.

  331 John Ringling Blvd, Sarasota, FL 34236

  View Details
• 

  $575,000

  500 SF

  Free-Standing Office Building For Sale

  Free-standing office building with convenient access to Bee Ridge Rd.

  4242 MCINTOSH Ln, Sarasota, FL 34232

  View Details

FAQs

What type of property is this?

Triplex - Three separate-entry income-producing units offer flexible use as rentals or owner-occupied living.

Where is this triplex located?

The property is located at 2932 LEXINGTON St Sarasota, FL.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: 3 income‑producing units with three separate entry ways for flexible rental or owner‑occupied living; Year built 1978; Flexible setup to rent two units and occupy one, or combine all 3 into one home