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    240 Washington Blvd Sarasota, FL 34236

    Sponsored
    For Lease
    $23 SF/Yr

    Prestigious Sarasota Office Space Available

    Lot size:
    56,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This iconic seven-story, 56,000-square-foot office building, located at 240 N Washington Blvd in Sarasota, FL 34236, enjoys a prime location at the entrance to downtown Sarasota, on the corner of US 301 and Fruitville Road. Boasting excellent signage and visibility at a heavily trafficked, lighted intersection, this building offers unparalleled exposure. The property features a mix of office spaces ranging from 325 to 2,883 square feet, catering to various business needs. Thirteen spaces are currently available. The building includes a ground floor occupied by Chase Bank, an indoor atrium spanning floors three through seven, and abundant natural light throughout. Floor plans vary

    Property Features for 240 Washington Blvd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,000 SF
    Total Rate
    107333.33

    Building Details

    Buildings
    1
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 200
    Size
    2,883 SF
    Rate per SF
    $24
    Space
    Suite 220
    Size
    957 SF
    Rate per SF
    $24
    Space
    Suite 240
    Size
    1,253 SF
    Rate per SF
    $24
    Space
    Suite 260
    Size
    2,496 SF
    Rate per SF
    $24
    Space
    Suite 280
    Size
    1,559 SF
    Rate per SF
    $24
    Space
    Suite 304
    Size
    325 SF
    Rate per SF
    $25
    Space
    Suite 313
    Size
    350 SF
    Rate per SF
    $23
    Space
    Suite 322
    Size
    366 SF
    Rate per SF
    $23
    Space
    Suite 325
    Size
    355 SF
    Rate per SF
    $23
    Space
    Suite 400/410
    Size
    1,373 SF
    Rate per SF
    $24
    Space
    Suite 430
    Size
    1,677 SF
    Rate per SF
    $24
    Space
    Suite 450
    Size
    912 SF
    Rate per SF
    $24
    Space
    Suite 520
    Size
    1,677 SF
    Rate per SF
    $24

    HighLights

    • Prime downtown Sarasota location.
    • High‑traffic intersection access.
    • Exceptional street visibility.
    • Extensive on‑site parking.
    • Bright, naturally lit spaces.
    • Flexible floor plans and sizes available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase Mortgage Mortgage Lender MethodFactory - Full-Service Digital ... Marketing Agency Mark Porter, Ed.D., ... Psychologist Sylint Group Business Management Consultant Interactive Computer Used Computer Store

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Law Firm Nail Salon Clothing Store Daycare Center Realty agency Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Sarasota
    County
    Manatee
    State
    Florida
    Longitude
    -82.531007013142
    Latitude
    27.338683045103

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Sarasota Office Space Available
    Where is this office property / space located?
    The property is located at 240 Washington Blvd Sarasota, FL.
    What is the lease rate?
    The lease rate is $23-$25 SF/Yr.
    What are key features of this property?
    This property features: Prime downtown Sarasota location.; High-traffic intersection access.; Exceptional street visibility.
    Request Owner's contact information
    240 Washington Blvd Sarasota, FL 34236
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    Sarasota, FL 34236
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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
    240 Washington Blvd Sarasota, FL 34236
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