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Medical Office Building with Renovations

7458 N Tamiami Trail SARASOTA Sarasota, FL 34243

7458 N Tamiami Trail SARASOTA, Sarasota, FL, 34243
$1,949,000
For Sale
$1,949,000

Up to 27 offices and exam rooms with multiple entrances, 37 parking spaces, and a new roof plus new HVAC systems.

Property Size8,460 SF
Price / SF$230.38
Days on Market19

Property Features for 7458 N Tamiami Trail SARASOTA

General Information

Standard status
Active
Size
8,460 SF

Building Details

Year Built
1988
Listing agency
Listed by Christina Freeman
Source Movetojacksonville
Added: Jul 5 Updated: Jul 22 at 8:16PM Checked: Jul 22 at 8:16PM

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 Christina Freeman


Investment Insights

Based on property information with market context.

This professional office building offers approximately 8,460± SF of flexible space designed for medical and related uses, with up to 27 offices/exam rooms and 5 plumbed suites. The interior package includes modernized spaces, refreshed exterior, updated common areas, and enhanced landscaping, and the renovation is highlighted by a new commercial roof with a 20+ year warranty and 7 new HVAC systems. Specialized rooming includes 3 imaging/equipment rooms, supporting a variety of clinical workflows.

The building is situated on a highly visible corner of US-41 (Tamiami Trail) and Tallevast Road with monument signage, and features 2 entrances for access and circulation. The site includes 37 parking spaces.

For sale as a turnkey owner-user or investment, the property’s layout and dedicated room count support multi-tenant configurations while maintaining dedicated medical-ready spaces such as plumbed suites and imaging/equipment rooms.

Key Highlights

  • Approximately 8,460± SF professional/medical office building (1 building) built in 1988
  • Up to 27 offices/exam rooms plus 5 plumbed suites for medical, dental, or aesthetic practices
  • Includes 3 specialized imaging/equipment rooms and 2 entrances

Local 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 $194.9k $23.04
− Vacancy −$10.7k −$1.27
EGI $184.2k $21.77
− OpEx −$46.0k −$5.44
NOI $138.1k $16.33
8,460 SF · lease $23.04/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.97M
$1.73M – $2.30M (±1% cap)
NOI $138,148 @ 7.0% cap · market cap 7.09%
Second Best
Healthcare Medical
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,611 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M (±1% cap)
NOI $174,147 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Jessie Greenberg Photography (Bike/Boat/Book/etc) Store Red Lion Jobs, ... Employment Agency Acupuncture Center Of Bradenton Medical Clinic Suncoast Criminal Defense Law Firm Vocational Concepts LLC Business Service Center

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Restaurant Building Supply Pharmacy Auto Parts Store Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Up to 27 offices and exam rooms with multiple entrances, 37 parking spaces, and a new roof plus new HVAC systems.
Where is this medical office space located?
The property is located at 7458 N Tamiami Trail SARASOTA Sarasota, FL.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: Approximately 8,460± SF professional/medical office building (1 building) built in 1988; Up to 27 offices/exam rooms plus 5 plumbed suites for medical, dental, or aesthetic practices; Includes 3 specialized imaging/equipment rooms and 2 entrances
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