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$365,000
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Property Description
Turnkey Sarasota Office Investment | New 2-Year Lease | $2,950/Month Income-producing professional office condominium in a desirable Sarasota location just minutes from Downtown. This approximately 1,050± SF end-cap unit is fully leased at $2,950/month ($35,400 annual gross rent) with a brand-new 2-year lease, providing immediate cash flow and income from day one. The office features three private offices, reception/waiting area, kitchenette, private restroom, storage/IT room, and front and rear entrances. End-cap location provides additional windows, natural light, visibility, and accessibility. Quarterly condo dues are $1,227. Association approval and first right of refusal apply. A second end-cap office condo in the same building is also available, providing an opportunity to acquire multiple income-producing commercial units within one professional complex. Ideal for investors seeking Sarasota commercial real estate, leased office space, passive income, cash-flowing property, or a 1031 exchange opportunity. Buyer to independently verify lease terms, income, expenses, measurements, zoning, permitted uses, condominium documents, fees, and restrictions.
Full Property Details
Full Property Details for 234 N Rhodes Ave #105
General
- Price: $365,000
- HOA FEE: $818/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,685 (2025)
- Status: Active
- Type: Office
- Source: MidFloridaRegionalMLS
- MLS ID: A4691309
- Updated: 8/11/2026
- Added to Site: 142 day(s) ago
Location
- Area: 34237 - Sarasota
- County: Sarasota
- Development Name: 34237 - Sarasota
- Subdivision: FRANKLIN FIELD BUS CENTER
- Driving Directions: east on fruitville past tuttle. left on rhodes ave.
Community
- Community Name: 34237 - Sarasota
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 4
- Exterior Const.: Block
- Square Feet: 1,050
- Sq. Ft. Source: Owner
- Year Built: 2007
Lot Features
- Frontage: Other
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Condo Fee: $2,454
- Condo Fee Freq: Quarterly
- Tax Amount: $3,685
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: UNIT 105, FRANKLIN FIELD BUSINESS CENTER
- Flood Zone Info: X
- APN: 2030132005
- Property ID: 2030132005
Listed by Douglas Elliman
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Schools
Schools serving 234 N Rhodes Ave #105
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Tuttle Elementary School 2863 8th Street, Sarasota, FL 34237 | PK-5 | 0.4 mi |
Booker Middle School 2250 Myrtle Street, Sarasota, FL 34234 | 6-8 | 2.2 mi |
Booker High School 3201 North Orange Avenue, Sarasota, FL 34234 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 234 N Rhodes Ave #105
Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$365,000
-50%
MLS
4/24/2026
Listed
$730,000
595.24%
MLS
3/28/2014
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 234 N Rhodes Ave #105
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,294
—
$212,476
2%
2024
$3,294
13%
$207,400
18%
2023
$2,925
9%
$175,600
10%
2021
$2,694
-1%
$159,300
-2%
2022
$2,722
1%
$163,100
5%
2021
$2,694
16%
$155,000
20%
2019
$2,329
6%
$128,841
10%
2018
$2,194
6%
$117,128
-3%
2017
$2,062
12%
$121,000
13%
2016
$1,849
11%
$107,000
22%
2015
$1,662
3%
$88,000
5%
2014
$1,606
-13%
$84,000
-13%
2013
$1,847
—
$97,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 234 N Rhodes Ave #105
234 N Rhodes Avenue #105, Sarasota, FL 34237 (MLS# A4691309) is a Office property. 234 N Rhodes Avenue #105 is currently listed for $365,000 and was received on April 24, 2026. Want to learn more about 234 N Rhodes Avenue #105? Do you have questions about finding other Office real estate for sale in Sarasota? You can browse all Sarasota real estate or contact a Coldwell Banker agent to request more information.

