2851 Hts St Sarasota, FL 34240
This exceptional Class A medical office condo, totaling 15,934 square feet, presents a unique investment opportunity in Sarasota, Florida. Located at 2851 Height St, 34240, this vacant, newly constructed (2024) two-story building offers immediate occupancy. The property boasts a strategic location at the I-75/Fruitville interchange, providing excellent visibility to I-75 and convenient access for patients and staff. Situated above Kennedy White Orthopedic's Surgery Center, this space benefits from the established medical presence in the area. The building's prime location is further enhanced by its proximity to approximately 600 apartment units, a newly constructed Publix supermarket, and planned retail and restaurant developments, ensuring a high volume of potential patients and foot traffic. The asking price is $5,825,000, translating to $365.57 per square foot. This represents a compelling investment in a thriving Sarasota medical corridor. The property is ready for immediate interior build-out to suit the needs of a variety of medical practices. This is a rare opportunity to acquire a high-quality, strategically located medical office space in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.