2831 Ringling Blvd - Medical CONDO FOR SALE


Sarasota, FL 34237- North Sarasota
$499,000 USD
941-923-0535
2831 Ringling Blvd, Sarasota, FL for Sale
$499,000 USD
Medical CONDO - FOR SALE
1/24
null | Request Cap Rate

2831 Ringling Blvd
Sarasota, FL 34237
North Sarasota


HIGHLIGHTS

  • Two conjoined first-floor office condos
  • Medical office buildout
  • Open treatment room and nurse station
  • Reception and waiting area
  • Private office and exam room
  • Equipment and supplies located in the office are negotiable

OVERVIEW

Units 118 and 120 at Ringling Professional Center present an opportunity to acquire two conjoined first-floor medical office condominiums in a centrally located Sarasota professional office environment. The combined layout is configured for healthcare, wellness, and professional office users, featuring an open treatment area supported by a dedicated nurse station, a reception and waiting area, a private office, and a built-out exam room. The existing improvements provide a functional operational framework for an owner-user seeking immediate occupancy or an investor targeting medical and professional office demand. The property benefits from a location along Ringling Boulevard with convenient access to Downtown Sarasota, US-41, Fruitville Road, and Interstate 75. The surrounding area includes established business districts, healthcare services, government offices, and residential neighborhoods that support ongoing demand for professional and medical office uses. Sarasota continues to serve as a regional employment, healthcare, and business center for Florida's Gulf Coast, enhancing the property's accessibility for patients, clients, and staff. Situated within the Ringling Professional Center, the condominium is part of a mature office community designed for professional users. The first-floor position improves accessibility and visibility while the existing medical buildout may reduce future occupancy costs for qualified users. Equipment and supplies currently located within the office are reported as negotiable, creating additional flexibility for a purchaser. The property is also located within an Opportunity Zone, where qualifying investments may be eligible for applicable Opportunity Zone tax benefits.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building E

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

5,442 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.35 AC

LAND SF

145,882 SF

ZONING

CN

APN/PARCEL ID

2031-04-1038

ASK ABOUT THIS PROPERTY

Adam SeidelAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Adam SeidelAmerican Property Group of Sarasota, Inc.More Info
941-923-0535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.