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    2032 Hillview St Sarasota, FL 34239

    Sponsored
    For Lease
    $25 SF/Yr ($9,041 /Mo)

    Versatile Office Space, 1715 sq ft Available

    Lot size:
    4,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,230 square foot office building, situated on 3.3 acres in the Sarasota/Manatee submarket, presents a unique investment opportunity. Built in 1957 and extensively renovated in 2017, the property boasts a single-story, Class B construction. Currently, 1,715 square feet of versatile space is available for lease, ideal for a variety of uses including traditional office, coworking, medical office, or creative office tenants. The building's prime location offers unparalleled convenience, being just one block east of the well-lit intersection of US 41 on Hillview Avenue. This central location provides easy access to Sarasota Memorial Hospital and the numerous restaurants along Hillview Avenue, enhancing the property's appeal and attracting a diverse clientele. The property's multiple tenancy structure allows for flexibility and potential for increased revenue streams. This is a rare opportunity to acquire a well-maintained, centrally located office building with significant upside potential in a thriving Sarasota/Manatee market. The existing infrastructure and recent renovations minimize immediate capital expenditure needs, allowing for a swift return on investment. The ample land area offers potential for future expansion or development, further enhancing the long-term value proposition.

    Property Features for 2032 Hillview St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,230 SF
    Class
    B
    Total Rate
    9041.63

    Building Details

    Year Built/Renovated
    1957/2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,715 SF
    Rate per SF
    $25

    HighLights

    • 4,230 SF office building on 3.3 acres in Sarasota/Manatee submarket.
    • 1,715 SF of vacant space available for lease.
    • Multiple tenancy options available.
    • Building is Class B, built in 1957, renovated in 2017.
    • One‑story building with diverse office subtypes: Traditional, Coworking, Medical, and Creative.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. William Dinenberg, ... Orthopedic Surgeon Sarasota Spine Specialists Orthopedic Surgeon Morgan Randall C ... Orthopedic Surgeon Donald Slevin MD ... Orthopedic Surgeon Mark B Lonstein ... Orthopedic Surgeon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.529015077775
    Latitude
    27.316442998318

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    FAQs

    What type of property is this?
    Office space - Versatile Office Space, 1715 sq ft Available
    Where is this office space located?
    The property is located at 2032 Hillview St Sarasota, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 4,230 SF office building on 3.3 acres in Sarasota/Manatee submarket.; 1,715 SF of vacant space available for lease.; Multiple tenancy options available.
    Request Owner's contact information
    2032 Hillview St Sarasota, FL 34239
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    Sarasota, FL 34239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2032 Hillview St Sarasota, FL 34239
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