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Renovated Office Condo

7365 Merchant Court, Sarasota, FL 34240

For Sale
Contact for pricing

Private offices, a conference room, and a dedicated break area support a range of professional operations.

Property SizeContact for details
Days on Market25

Property Features for 7365 Merchant Court

General Information

Standard status Active
Property subtype Office

Additional Details

Highway Access Yes
Office Units 1
Property Use Office

Building Details

Year Renovated 2016
Listing Agency: Ian Black Real Estate LLC
Listed By: Michele Fuller · License FL SL677518
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 4:06PM

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 Ian Black Real Estate LLC

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Investment Insights

Based on property information with market context.

Renovated in 2016, this office condo pairs a welcoming reception area with four windowed private offices and a separate conference room. An open work area includes custom cabinetry and file drawers for storage. The suite also has a break room with kitchen facilities, two restrooms, and two 4-ton HVAC units.

The property is in Lakewood Ranch, with convenient access to I-75 and retail, dining, and professional businesses nearby.

Key Highlights

  • Office condo renovated in 2016
  • Four private offices with windows, plus a separate conference room
  • Open work area with custom cabinetry and file drawers

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tideshift Media Inc. Marketing & Advertising Ingram & Bunecky Law Firm Lakewood Ranch Airport ... Courier Service Thenewlovenurtury.com Physician RGIS Inventory Specialists Business Related

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Plumbing Service Bakery Restaurant

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

1
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby

Demographics for 34240, FL

14,428
Population
7,570
Households
1.9
Avg Household Size
49
Median Age
52%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
217
Density / Sq Mi
$126,048
Median Household Income
$53,284
Median Earnings
$2,306
Median Rent
$622,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

$360 Jul
$383 Aug
$381 Sep
$323 Oct

Properties on Market for Office Units 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

Frequently Asked Questions

What type of property is this?
Office unit - Private offices, a conference room, and a dedicated break area support a range of professional operations.
Where is this office unit located?
The property is located at 7365 Merchant Court Sarasota, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Office condo renovated in 2016; Four private offices with windows, plus a separate conference room; Open work area with custom cabinetry and file drawers
(941) 228-4189 Call to check price and availability
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