Freestanding medical office building
This property boasts modern amenities and upgrades that meets the needs of physical and occupational therapists and other medical professionals.
• Built 1986, Remodeled 2018
• Land Area 30,615 Sq. Ft.
• Gross Area 9,504 Sq. Ft.
• Living Area 7,780 Sq. Ft.
• NEW Roof 2018
• NEW HVAC 2018
• Handicapped Accessible
• Two fully equipped gyms
• 33 x 20 aquatic swimming pool
• 41 Shared Parking Spaces
• Fully Renovated Restrooms
The property is designed with a large reception area, administrative work area, large open exam rooms, multiple private offices/exam rooms, break area, and other work stations.
Ample parking with good ingress/egress ensures convenience for clients and staff. The property's well-maintained grounds provide a professional, yet inviting atmosphere.
Located in Central Sarasota/Gulf Gate area across from the Gulf Gate Library. The building is close to Siesta Key and Casey Key as well as prestigious neighborhoods such as Palmer Ranch, The Oaks and Prestancia.
Property Description
Investors, come check out this one-of-a-kind diamond in the rough 26-unit duplex community situated on 1.5 acre right in the middle of Sarasota! Each unit is approximately 624 sq. feet of living space. All units are 2 bedrooms, 1 bathroom and have been owned and managed by one family for the past forty-one years! Many tenants have been in their unit for 10 plus years so turnover is extremely low with occupancy rates in the 97-98% range yearly. Rents are currently well below market values by hundreds of dollars per month per unit.
Leases are currently on a month-to-month basis so a new investor can renovate one unit at a time and increase rents. One unit is currently being renovated and has a waiting list of tenants for almost 40 percent more than current rental rates. Located very near shops, restaurants, bus lines, and I-75 highway. The extreme need for affordable housing in the Sarasota area makes this property a truly fantastic opportunity.
With renovation of each unit, this community has huge upside income potential. ****Do not disturb tenants or walk the property without your agent present*** Sold “As-IS” with right to inspect. Owners are motivated so bring us your offers. 6.5 miles to Lido Key beach and 9 miles to Siesta key beach. 7.5 miles to I-75 Highway.
Beverly is a native of Venezuela. She moved to the United States in 1996 when she was 14. Beverly majored in finance at the University of South Florida. She has lived in the Sarasota-Bradenton area for over 20 years.
Beverly has both experience and expertise in Residential and Commercial Real Estate. Currently she is working towards her CCIM Designation. Beverly is also an entrepreneur investing in Southwest Florida Real Estate. She is currently growing her Real Estate Portfolio of rental units. She also helps clients use real estate as a vehicle for creating passive income.
Beverly is a licensed real estate Broker Associate. She has navigated the ups and downs of the market. She was called the “Short Sale Queen” when the market was inundated with short sales and foreclosures. She is a seasoned agent who is always ready to tackle any challenge. In her spare time, Beverly is an avid tennis player, and regularly competes in local leagues and tournaments. She loves Salsa dancing. She is also the proud Mother of her 6 year old son who means the world to her.
Beverly Perez
Broker associate, Realtor
1st Vice President of Women’s Council of Sarasota
Member of the Leadership Academy
Certified Luxury Home Marketing Specialist
Certified Waterfront Specialist
Graduate of the Realtor Institute
Office: 5220 Paylor Lane, Lakewood Ranch, FL 34240
Email: BeverlyPerez@SarasotaHomeFind.com
Phone: 941-323-4600
Languages spoken: English, Spanish