7182 Curtiss Ave, Sarasota, FL 34231

Building Details

Buildings 1 More

Tenancy Multi More

Owner Occupied No More

Listing Agency: American Property Group of Sarasota Inc

Listed By: Brian Seidel · License #FL 3123085 Show Phone

Source: Crexi

Added: Sep 30 Changed: Nov 8 Last Checked: Nov 8 at 3:35PM

Report an Issue

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 American Property Group of Sarasota Inc

Ask AI about this property

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

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This vacant office property spans ±6,576 SF and is arranged as three units. The layout can be reconfigured into smaller spaces or used as a single facility, with OPI zoning supporting professional and medical-related uses. The existing configuration also allows the building to be occupied as a whole or in separate sections.

The property is on Curtiss Avenue in the Beneva Square area of Gulf Gate, down the street from Gulf Gate Library. Beneva Road and Clark Road provide access to the surrounding South Sarasota area.

Key Highlights

• ±6,576 SF office property
• Three existing units; adaptable for smaller spaces or use as one facility
• OPI zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$120,728

Cap Rate

7.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,414,560 $2.4M

Cap Rate 7%

$1,724,686 $1.7M

Cap Rate 9%

$1,341,422 $1.3M

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,576 SF

Gross rent

$210.7K $32.04/SF

− Vacancy

−$9.5K −$1.44/SF

EGI

$201.2K $30.60/SF

− OpEx

−$80.5K −$12.24/SF

NOI

$120.7K $18.36/SF

Area

Sarasota County, FL

Vacancy

4.50%

Lease Rate

$32.04 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,414,560

Cap Rate 7%

$1,724,686

Cap Rate 9%

$1,341,422

Alternative Uses

Best Use

Healthcare Medical

$1.72M

$1.51M – $2.01M (±1% cap)

NOI $120,728 @ 7.0% cap · market cap 7.55%

Second Best

Office B

$1.37M

$1.20M – $1.60M (±1% cap)

NOI $95,878 @ 7.0% cap · market cap 5.99%

Theoretical Best

Office A

$1.87M

$1.64M – $2.18M (±1% cap)

NOI $130,827 @ 7.0% cap · market cap 8.18%

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

Office buildings

Suggested Use

Top Pick Nail Salon Daycare Center Hair Salon Bakery Barber Shop (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

3

Office units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

369

Businesses Nearby

Explore this area Business Placement

Demographics for 34231, FL

31,492

Population

19,017

Households

1.7

Avg Household Size

55

Median Age

38%

College-Educated

95%

High-School Grad

9.4 sq mi

ZIP Area

3,350

Density / Sq Mi

$69,721

Median Household Income

$40,608

Median Earnings

$1,707

Median Rent

$363,400

Median Home Value

Market

Average Price Trend$/SF for Office buildings in Sarasota, FL

$637 Jul

$526 Aug

$627 Sep

$484 Oct

Properties on Market for Office buildings in Sarasota

Jul

Aug

Sep

Oct

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

Similar For Sale Nearby

See more

Air-Conditioned Flex Space

5654 SARAH Avenue, Sarasota, FL 34233

$1,700,000

7,680 SF

View details

Office Building with OPI Zoning

3340 Bee Ridge Road, Sarasota, FL 34239

$2,800,000

8,022 SF

View details

Renovated Medical Building Investment Opportunity

1630 S Tuttle Ave, Sarasota, FL 34239

$3,350,000

7,829 SF

View details

Renovated Medical Office Portfolio

3003 S Tamiami Trl, Sarasota, FL 34239

$2,100,000

View details

Two-Story Mixed-Use Corner Building

40 S BLVD OF THE PRESIDENTS, Sarasota, FL 34236

$9,450,000

10,000 SF

View details

Free-Standing Office Building For Sale

4242 MCINTOSH LANE, Sarasota, FL 34232

$575,000

3,355 SF

View details

Freestanding Office Building

8660 S. Tamiami Tr., Sarasota, FL 34238

$3,950,000

14,200 SF

View details

Office Building with Drive-Throughs

2323 Stickney Point Rd, Sarasota, FL 34231

Contact for pricing

8,408 SF

View details

Prime Downtown Sarasota Location

211 N Tamiami Trl, Sarasota, FL 34236

$3,000,000

2,000 SF

View details

Medical Office Condo

1961 Floyd St Ste B, Sarasota, FL 34239

$784,000

1,568 SF

View details

Renovated Mixed-Use Office Property

1670 Stickney Point Rd, Sarasota, FL 34231

$729,000

1,632 SF

View details

Two-Story Medical Office Building

4937 CLARK ROAD, Sarasota, FL 34233

$6,300,000

23,948 SF

View details

Frequently Asked Questions

What type of property is this?

Office building - Vacant professional space in Beneva Square offers OPI zoning and adaptable layouts for office and medical-related users.

Where is this office building located?

The property is located at 7182 Curtiss Ave Sarasota, FL.

What is the asking price?

The asking price for this property is $1,600,000.

What are key features of this property?

This property features: ±6,576 SF office property; Three existing units; adaptable for smaller spaces or use as one facility; OPI zoning