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Office Condo with Reception and Therapy Use
For Sale
$449,000

4509 BEE RIDGE Road, Sarasota, FL 34233

SINGLE_FAMILY - SARASOTA, FL

Property Size1,350 SF
Lot Size0.42 Acres
Price / SF$332.59
Days on Market208

Property Features for 4509 BEE RIDGE Road

General Information

Property type Residential
Property subtype Office
Zoning CG
Subdivision 4509 BEE RIDGE ROAD
Directions ON BEE RIDGE ROAD JUST EAST OF MCINTOSH ROAD ON THE NORTH SIDE OF THE STREET Realtor Remarks: Owner financing available
Standard status Active
APN 0063131005
Size 1,350 SF
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description UNIT E, 4509 BEE RIDGE ROAD
Tax Annual Amount 3069
Legal Description UNIT E, 4509 BEE RIDGE ROAD

Utilities

Cooling system Central Air

Building Details

Year built 1972
Building materials Block
Listing Agency: PREFERRED SHORE LLC
Listed By: Kenia Rivas · License #3116606
Added: Jan 7 Changed: Jul 31 Last Checked: Aug 3 at 4:06AM
MLS# A4677353

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,350 SF commercial office/retail condo fronts directly onto Bee Ridge Road in Sarasota and is currently operating as a therapy center. The unit includes a wide-open reception and waiting area plus two restrooms, making it well-suited for service-based tenant use.

The property is built with block construction and features central air. With a 0.42-acre lot and ample parking around the property, it supports day-to-day patient or client access. It also offers signage and visibility.

Convenient access to I-75 and US-41 (Tamiami Trail) can be helpful for both staff and visitors. Zoned CG, the space is an established option for an office/retail condo user looking for a ready-to-operate layout.

Key Highlights

  • 1,350 SF commercial office/retail condo currently operating as a therapy center
  • 0.42‑acre lot with ample parking around the property
  • Wide‑open reception and waiting area with two restrooms

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 $31.1k $23.04
− Vacancy −$1.7k −$1.27
EGI $29.4k $21.77
− OpEx −$7.3k −$5.44
NOI $22.0k $16.33
1,350 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$314.9K
$275.6K – $367.4K (±1% cap)
NOI $22,045 @ 7.0% cap · market cap 4.91%
Second Best
Healthcare Medical
$297.7K
$260.5K – $347.4K (±1% cap)
NOI $20,842 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$397.0K
$347.4K – $463.2K (±1% cap)
NOI $27,789 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Law Firm Dental Office

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

218
Businesses Nearby

Demographics for 34233, FL

18,723
Population
9,427
Households
2
Avg Household Size
52
Median Age
41%
College-Educated
95%
High-School Grad
6.1 sq mi
ZIP Area
3,069
Density / Sq Mi
$77,041
Median Household Income
$44,222
Median Earnings
$1,787
Median Rent
$364,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office condo with wide-open reception and waiting area, two restrooms, and central air in Sarasota zoning CG.
Where is this office units located?
The property is located at 4509 BEE RIDGE Road Sarasota, FL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,350 SF commercial office/retail condo currently operating as a therapy center; 0.42‑acre lot with ample parking around the property; Wide‑open reception and waiting area with two restrooms
More about this property
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