First-Floor Office
New
For Sale
Contact for pricing
46 N Washington Blvd Ste 7, Sarasota, FL 34236
A secured on-site lot offers parking for occupants and visitors.
Property Size622 SF
Days on Market4
Property Features for 46 N Washington Blvd Ste 7
General Information
Standard status
Active
Size
622 SF
Class
B
Property subtype
Office
Lease Term
Gross
Additional Details
Floor
First Floor
Highway Access
Yes
Building Details
Building Size
622 SF
Year Built
1975
Properties For Sale
at 46 N Washington Blvd Ste 7
46 N Washinton Blvd Suite 7 Sarasota, FL 34236
Size
622 SF
Type
Office Condo
Term
Negotiable
Listing Agency:
Michael Saunders & Company
Listed By:
Lee DeLieto Jr. · License #FL #BK702292
(941) 323-0060
Source:
Tcnworldwide
Added: Oct 19
Last Checked: Oct 20 at 5:49PM
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 Michael Saunders & Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 7 is a ground-level office unit in Washington Square, with a professional layout and on-site parking in a secured lot. The building dates to 1975.
The property is in downtown Sarasota along US 301, near the Sarasota Courthouse.
The property is in downtown Sarasota along US 301, near the Sarasota Courthouse.
Key Highlights
- Ground‑level office unit in Washington Square
- Secured on‑site parking lot
- Building constructed in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,069
Suggested Prices Based on Cap Rates
Cap Rate 5%
$181,380
$181.4K
Cap Rate 7%
$129,557
$129.6K
Cap Rate 9%
$100,767
$100.8K
Market Conditions
NOI Build-Up for 622 SF
Gross rent
$13.4K $21.60/SF
− Vacancy
−$1.3K −$2.16/SF
EGI
$12.1K $19.44/SF
− OpEx
−$3.0K −$4.86/SF
NOI
$9.1K $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%
$181,380
Cap Rate 7%
$129,557
Cap Rate 9%
$100,767
Alternative Uses
Best Use
Office B
$129.6K
$113.4K – $151.2K
NOI $9,069 @ 7.0% cap · market cap 30,230.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$176.8K
$154.7K – $206.2K
NOI $12,374 @ 7.0% cap · market cap 41,246.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,610
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A secured on-site lot offers parking for occupants and visitors.
Where is this office unit located?
The property is located at 46 N Washington Blvd Ste 7 Sarasota, FL.
What are key features of this property?
This property features: Ground‑level office unit in Washington Square; Secured on‑site parking lot; Building constructed in 1975
