2477 Stickney Point RdSarasota, FL 34231

This exceptional investment opportunity presents a fully leased portfolio of four executive office condos in Sarasota, Florida. Located at 2477 Stickney Point Rd, this property boasts a total of 5,531 square feet across two buildings, situated on a 2.5-acre lot. The portfolio comprises four non-contiguous units ranging in size from 880 to 1,780 square feet of net rentable space, with a total net rentable area of 1,780 square feet. Built in 1984, the two-story buildings offer a solid foundation for a strong return on investment. Each unit is under a triple net (NNN) lease, minimizing landlord responsibilities. The property commands an asking price of $1,650,000, representing a compelling price per square foot of $298.32 and a strong 6.26% capitalization rate, generating a net operating income (NOI) of $103,271. This turnkey investment is ideally suited for a 1031 exchange, offering a stable income stream and significant upside potential in the desirable Sarasota submarket, zip code 34231. The property's location in Sarasota County, Florida provides excellent access to local amenities and a thriving business community. This is a rare opportunity to acquire a well-maintained, high-performing office portfolio with minimal management requirements.