Single-Story Office
3293 FRUITVILLE ROAD #105, Sarasota, FL 34237
For Sale
New
$349,000
The tenant-occupied space has central air conditioning and a separate electric meter.
Property Size917 SF
Price / SF$380.59
Days on Market4
Property Features for 3293 FRUITVILLE ROAD #105
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Opportunity Zone
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Metal Roof
Central Air Cooling
Central Heating
Vinyl Flooring
Building Details
Year Built
Construction
Tenancy
Owner Occupied
Listing Agency:
HOMESMART
(407) 476-0461
Listed By:
SCOTT SWONGER · License #3400427
(941) 600-3534
Source:
Corcoran
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 4:00PM
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 HOMESMART
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Investment Insights
Based on property information with market context.
This 917-square-foot office condominium is a single-story unit at Fruitville Business Park. Constructed in 2004 with concrete-block and stucco exterior walls and a metal roof, it has central A/C and a dedicated electric meter. The unit is currently occupied by a tenant, with future owner use also noted as a possibility.
Located on Fruitville Road in Sarasota, the property is minutes from downtown Sarasota and I-75. It is within the City of Sarasota’s OCD (Office Community District) and a designated Opportunity Zone. Sales and leasing require association approval and are subject to a right of first refusal; showings are by appointment, and the tenant is not to be disturbed.
Located on Fruitville Road in Sarasota, the property is minutes from downtown Sarasota and I-75. It is within the City of Sarasota’s OCD (Office Community District) and a designated Opportunity Zone. Sales and leasing require association approval and are subject to a right of first refusal; showings are by appointment, and the tenant is not to be disturbed.
Key Highlights
- 917‑square‑foot, single‑story office condominium
- Built in 2004 with concrete‑block and stucco construction and a metal roof
- Central A/C and a separate electric meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,370
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,400
$267.4K
Cap Rate 7%
$191,000
$191.0K
Cap Rate 9%
$148,556
$148.6K
Market Conditions
NOI Build-Up for 917 SF
Gross rent
$19.8K $21.60/SF
− Vacancy
−$2.0K −$2.16/SF
EGI
$17.8K $19.44/SF
− OpEx
−$4.5K −$4.86/SF
NOI
$13.4K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,400
Cap Rate 7%
$191,000
Cap Rate 9%
$148,556
Alternative Uses
Best Use
Office B
$191.0K
$167.1K – $222.8K
NOI $13,370 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.6K
$228.0K – $304.1K
NOI $18,243 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 34237, FL
16,740
Population
9,194
Households
1.8
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
3.9 sq mi
ZIP Area
4,292
Density / Sq Mi
$63,133
Median Household Income
$35,044
Median Earnings
$1,524
Median Rent
$234,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Sarasota, FL
Properties on Market for Office Units in Sarasota
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The tenant-occupied space has central air conditioning and a separate electric meter.
Where is this office unit located?
The property is located at 3293 FRUITVILLE ROAD #105 Sarasota, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 917‑square‑foot, single‑story office condominium; Built in 2004 with concrete‑block and stucco construction and a metal roof; Central A/C and a separate electric meter
