Commercial Condo on Bee Ridge
For Sale
$449,000
4509 BEE RIDGE ROAD #E, Sarasota, FL 34233
1,350 SF office/retail condo with excellent visibility and parking.
Property Size1,350 SF
Price / SF$332.59
Days on Market273
Property Features for 4509 BEE RIDGE ROAD #E
General Information
Standard status
Active
Size
1,350 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,069
Amenities
Central air
Pool
Public Pool
Central Air Cooling
Mini-Split Unit(s) Cooling
Building Details
Year Built
1972
Listing Agency:
PREFERRED SHORE LLC
(941) 999-1179
Listed By:
KENIA RIVAS · License #3116606
(941) 737-6801
Source:
Corcoran
Added: Jan 8
Changed: Aug 24
Last Checked: May 27 at 7:29AM
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 PREFERRED SHORE LLC
Investment Insights
Based on property information with market context.
This 1,350 SF commercial condo is located on Bee Ridge Road in Sarasota, Florida, just east of McIntosh Road. The property benefits from high visibility, signage opportunities, and ample parking. Currently operating as a therapy center, the unit features an open reception and waiting area, along with two restrooms. Its location provides convenient access to I-75 and US-41 (Tamiami Trail), enhancing its accessibility.
Key Highlights
- High‑visibility location directly on Bee Ridge Road
- Ample parking for customers and staff
- Convenient access to I‑75 and US‑41
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,683
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,660
$393.7K
Cap Rate 7%
$281,186
$281.2K
Cap Rate 9%
$218,700
$218.7K
Market Conditions
NOI Build-Up for 1,350 SF
Gross rent
$29.2K $21.60/SF
− Vacancy
−$2.9K −$2.16/SF
EGI
$26.2K $19.44/SF
− OpEx
−$6.6K −$4.86/SF
NOI
$19.7K $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%
$393,660
Cap Rate 7%
$281,186
Cap Rate 9%
$218,700
Alternative Uses
Best Use
Office B
$281.2K
$246.0K – $328.1K
NOI $19,683 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$383.7K
$335.7K – $447.6K
NOI $26,858 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - 1,350 SF office/retail condo with excellent visibility and parking.
Where is this office units located?
The property is located at 4509 BEE RIDGE ROAD #E 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: High‑visibility location directly on Bee Ridge Road; Ample parking for customers and staff; Convenient access to I‑75 and US‑41
