Commercial Sale · Mixed Use
227 CENTRAL AVENUE, SARASOTA, FL, 34236
Active450 days on marketListed May 14, 2025MLS #R4909344
About this property
The property at a glance
On-site parking! LOOK AT THIS FABULOUS LOCATION!!!! Open your eyes to the possibilities. Once the surrounding properties are all small skyskrapers, where are all the new arrivals going to eat, drink and be merry???????? Zoned for condo, residential and Commercial! A trifecta! Live and work downtown. NO CONDO FEES, NO HOA FEES, ON SITE PARKING AND A CORNER LOT. let your imagination run wild. 15 on site parking spaces. Both bathrooms can be converted into full baths. All upstairs rooms have room for closets. Kitchen. Common area. Storage closets, meeting room, reception area. As the years go by, zoning becomes more valuable as city gives you more options on building. Second floor has private entrance. 5 air units. Several driveway entrances.
5,918
Building sq ft
$464
Price / sq ft
0.22
Lot acres
1985
Year built
1
Building
DTC
Zoning
Mixed Use
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$14,470/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Alek to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,252
Population
$78,978
Median income
68
Median age
1
Avg household
$869,264
Median home value
$2,211/mo
Median rent
22%
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Recent sales
What actually sold near 227 CENTRAL AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,350,000
4001 SWIFT ROAD
4,660 sqft · $290/sqft · Sold Feb 28, 2025
$1,750,000
1761 SIESTA DR & 1760 WISCONSIN LN
4,435 sqft · $395/sqft · Sold Jun 18, 2026
$16,200
334 S WASHINGTON BOULEVARD
8,694 sqft · $2/sqft · Sold Oct 9, 2025
Your team
The pros in your corner
Your agent
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 227 CENTRAL AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 227 CENTRAL AVENUE.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of PREMIER PLUS REALTY · Dawn Cohen. MLS #R4909344.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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