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    2650 Bahia Vista St Sarasota, FL 34239

    Sponsored
    For Sale
    $356,000

    High-yield investment, prime location.

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B medical office building, located at 2650 Bahia Vista Street in Sarasota, Florida (34239), presents a compelling investment opportunity. Boasting 30,000 square feet on a 121,311 square foot lot, this property offers a strong 7.10% cap rate with a current Net Operating Income (NOI) of $25,268. The asking price is $356,000. The building features attractive interiors, a central atrium, and a porte cochere entry, enhancing its appeal to tenants and visitors. Currently leased through February 2026, this property provides immediate income generation while offering long-term growth potential. Its strategic location provides convenient access to Sarasota Memorial Hospital and downtown Sarasota (within a 5-minute drive), and Doctors Hospital (within 10 minutes). The consistently full occupancy demonstrates the strong demand for medical office space in this thriving area. This is an ideal opportunity for investors seeking a stable, high-yielding asset in a desirable location. The building's size and features make it suitable for a variety of medical practices or as a continued investment property. This property is a rare find in the Sarasota market.

    Property Features for 2650 Bahia Vista St

    General Information

    Property type
    Medical offices
    Square Feet
    30,000 SF
    Class
    B

    HighLights

    • Fully occupied professional office building.
    • 1,274 square feet.
    • Attractive interior finishes.
    • Building features a central atrium.
    • Porte cochère entryway.
    • Lease expires February 2026.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lee A. Green, PhD Psychologist Heart & Mind Psychology: ... Psychologist Wendy Jacobs, JD, ... Psychologist Barr Amy E ... Neurophysiologist Something Beautiful Wellness ... Nurse Practitioner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Sarasota
    State
    Florida
    Longitude
    -82.5168265
    Latitude
    27.3224386

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    FAQs

    What type of property is this?
    Medical office - High-yield investment, prime location.
    Where is this medical office located?
    The property is located at 2650 Bahia Vista St Sarasota, FL.
    What is the asking price?
    The asking price for this property is $356,000.
    What are key features of this property?
    This property features: Fully occupied professional office building.; 1,274 square feet.; Attractive interior finishes.
    Request Owner's contact information
    2650 Bahia Vista 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
    2650 Bahia Vista St Sarasota, FL 34239
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