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Two-Tenant Storefront Property
For Sale
$4,999,995

331 John Ringling Boulevard 101, Sarasota, FL 34236

CT-zoned space is fully leased to two national tenants with annual rent increases.

Property Size3,554 SF
Price / SF$1,324
Days on Market11

Property Features for 331 John Ringling Boulevard 101

General Information

Standard status Active
Size 3,554 SF
Zoning CT
Occupancy 100%

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $40,501

Amenities

2
true
3125
0.07
false
Asphalt
Block
Business District,City Street
3554
1

Building Details

Building Size 3,554 SF
Year Built 1952
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: HOMERUN REALTY
Listed By: William Worthy · License #3607326
Source: Homerunrealtyteam
Added: Oct 20 Changed: Oct 28 Last Checked: Oct 28 at 4:36PM

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 HOMERUN REALTY

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,554-square-foot storefront property was built in 1952 and has been completely renovated. Two national tenants occupy the building, which is reported as 100 percent leased, with annual increases in lease rates.

The property is at 331 John Ringling Boulevard on St. Armands Circle in Sarasota, Florida, within a business district. Its zoning designation is CT.

Key Highlights

  • 3,554‑square‑foot building, built in 1952
  • Completely renovated
  • Fully leased to two national tenants

Property Analytics

Current Use

Everything But Water Swimwear Store

Suggested Use

Top Pick Law Firm Building Supply Dental Office Pharmacy Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 49% Apparel 39% Dining 12%
Pepper Palace Groceries
2,968 visits/mo 0.2 miles
The Spice & Tea Exchange Groceries
2,602 visits/mo 0.1 miles
White House Black Market Apparel
1,748 visits/mo 0.1 miles
Ben & Jerry's Dining
1,391 visits/mo 0.1 miles
Crazy Shirts Apparel
1,153 visits/mo 0.1 miles

Demographics for 34236, FL

14,083
Population
11,661
Households
1.2
Avg Household Size
66
Median Age
62%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,912
Density / Sq Mi
$96,400
Median Household Income
$48,828
Median Earnings
$2,010
Median Rent
$917,100
Median Home Value

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - CT-zoned space is fully leased to two national tenants with annual rent increases.
Where is this storefront property located?
The property is located at 331 John Ringling Boulevard 101 Sarasota, FL.
What is the asking price?
The asking price for this property is $4,999,995.
What are key features of this property?
This property features: 3,554‑square‑foot building, built in 1952; Completely renovated; Fully leased to two national tenants
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