Downtown Sarasota Commercial Real Estate

Downtown Sarasota

Market Report

Number of Listings
Posted in the last 90 days
9
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,740

Downtown Sarasota Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Sarasota region is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 30% increase in rent.

Downtown Sarasota Listing Supply

In the last 90 days, 398 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Sarasota are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 5,740 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1959 and are Class B.

Downtown Sarasota Community

This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Most of the residents of Downtown Sarasota work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Sarasota.
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