Professional Office Condo
3293 Fruitville Rd Sarasota, FL 34237
For Sale
Contact for pricing
Office condo in a well-maintained business park with reception, four offices, conference room, kitchen, and restroom.
Property Size1,388 SF
Price / SF$338.62
Days on Market43
Property Features for 3293 Fruitville Rd
General Information
- Standard status
- Active
- Size
- 1,388 SF
- Property subtype
- Office
Listing Agency:
Harry E. Robbins Associates, Inc
Listed By:
Derek Robbins · License #FL 3400024
Source:
Crexi
Added: Jun 12
Changed: Jul 22
Last Checked: Jul 23 at 11:47AM
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 Harry E. Robbins Associates, Inc
Investment Insights
Based on property information with market context.
This professional office condo is located within the well-maintained Fruitville Business Park. The unit includes a reception area, four private offices, a conference room, kitchen, restroom, and a storage/copy room, offering a functional layout for day-to-day operations. The space also features a brand-new AC system.
The property is situated on heavily traveled Fruitville Road, providing convenient access toward Downtown Sarasota and I-75. Signage is available directly on Fruitville Road for visibility.
Association dues are described as reasonable, and the offering is positioned as a straightforward purchase of an office condo suitable for professional use.
The property is situated on heavily traveled Fruitville Road, providing convenient access toward Downtown Sarasota and I-75. Signage is available directly on Fruitville Road for visibility.
Association dues are described as reasonable, and the offering is positioned as a straightforward purchase of an office condo suitable for professional use.
Key Highlights
- Professional office condo in the well‑maintained Fruitville Business Park
- Located on heavily traveled Fruitville Road with signage directly on Fruitville Road
- Office layout includes reception, four private offices, conference room, kitchen, restroom, and storage/copy room
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 | $32.0k | $23.04 |
| − Vacancy | −$1.8k | −$1.27 |
| EGI | $30.2k | $21.77 |
| − OpEx | −$7.6k | −$5.44 |
| NOI | $22.7k | $16.33 |
1,388 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$323.8K
$283.3K – $377.8K
NOI $22,665 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.2K
$357.2K – $476.2K
NOI $28,572 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cannabis Theory's
Physician
SOHA Beauty sugar ...
Hair Salon
Bratton Permanent Makeup, ...
Medical Clinic
Hui Luo
Alternative Medicine Practice
SOHA Beauty LLC ...
Hair Salon
FAQs
What type of property is this?
Office units - Office condo in a well-maintained business park with reception, four offices, conference room, kitchen, and restroom.
Where is this office units located?
The property is located at 3293 Fruitville Rd Sarasota, FL.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Professional office condo in the well‑maintained Fruitville Business Park; Located on heavily traveled Fruitville Road with signage directly on Fruitville Road; Office layout includes reception, four private offices, conference room, kitchen, restroom, and storage/copy room
