2650 Bahia Vista, Sarasota, FL
Office for Sale - $650,000 - 4,248 Sq. Ft.


Property Info
CIMLS# | 960530 |
Location 2650 Bahia Vista Sarasota FL 34239 | |
Updated | January 2nd, 2018 |
Type | Office |
Price | $650,000 |
Building | 4,248 Sq. Ft. |
Property Description
Excellent Investment Opportunity in Sarasota, FL. Unheard of 14.4% Cap Rate. Absolute NNN. Roof in good shape with replacements in specific areas over the last few years. 4 a/c units in good shape with maintenance contracts in place. One installed in 1990, 2009, 2013 and 2014. Condo fees are $5.19 psf with about $1 going towards reserves. Over $215,000 in reserves currently in place. No past 30 day delinquencies.
Location Description:
Conveniently located within minutes to US41, Sarasota Memorial Hospital, Downtown Sarasota and I75.
Highlights:
>> NNN Investment Opportunity
>> Long term stable medical practice
>> Excellent location close to hospital
>> Building has maintained 100% occupancy
>> Well maintained and financed condo association
>> $93,456 NOI