


$365,000
234 Rhodes Avenue
Sarasota, FL 34237
Listing updated: August 11, 2026 at 11:20 AM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history109 days on market
- Status: ActiveApr 24, 2026
- Listed$730,000Apr 24, 2026
- Price reduced$365,000
Facts & features
- Property type
- Commercial Sale
- Sub type
- Office
- Status
- Active
- Days on market
- 109
- Subdivision
- Franklin Field Bus Center
- County
- Sarasota
- Year built
- 2007
- Living area
- 1,050 sq ft
- Price/sq ft
- $348
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- X (12115C0134G)
- Annual taxes
- $3,685 (2025)
- Parcel #
- 2030132005
- Zoning
- OCD
- MLS #
- A4691309
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Heating & Cooling
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $818/mo
- Total annual fees
- $9,816
- Listing terms
- Cash, Commercial Financing
- Ownership
- Condominium
Exterior & Construction
- Construction materials
- Block
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Listing Details
- Listing date
- 2026-04-24
- On market date
- 2026-04-24
- Original list price
- $730,000
- MLS area
- 34237 - Sarasota
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-04-24
- Tax legal description
- UNIT 105, FRANKLIN FIELD BUSINESS CENTER
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
east on fruitville past tuttle. left on rhodes ave.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 11, 2026 at 11:20 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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