2048 Bee Rdg Rd Sarasota, FL 34239-6120
This exceptional Sarasota investment opportunity presents a two-story, 7,616 square foot Class B storefront building situated on a 16,298 square foot lot at 2048 Bee Ridge Road. Built in 1977 and renovated in 2011, the property boasts a flexible open floor plan, ideal for a variety of commercial uses, including retail, office, or restaurant space. A rear workspace and a second-story apartment (approximately 2-3 bedrooms) offer added versatility and potential for live/work functionality. The property also includes a separate single-family home located at 3911 Freedom Avenue, adding significant value and potential rental income. This 1,239 square foot home, built in 1954 and renovated in 2004, sits on a 7,000 square foot lot. Both properties are zoned CGD (Commercial General District), ensuring flexibility for future development. The high-visibility corner location on Bee Ridge Road, a major thoroughfare with a high average annual daily traffic count of 25,550, guarantees significant exposure. The property's proximity to Siesta Key's beaches further enhances its appeal. This combined property offers a unique blend of commercial and residential space, presenting a compelling investment opportunity in a thriving Sarasota location. The asking price is $2,495,000, with a price per square foot of $327.60. The property includes two buildings, spanning two stories, and features APN numbers 0074040062 and 0074040064.
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Bee Ridge Florist (Bike/Boat/Book/etc) Store Florist
The Commercial General district (CGD) is primarily intended to allow auto-accommodating commercial development
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CGD · Sarasota, FLThe Commercial General district (CGD) is primarily intended to allow auto-accommodating commercial development
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.