127 Tampa Ave E, Venice, FL 34285
Mixed-use plaza with retail and live/work units in Venice.
- Added:
- Feb 25, 2026
- Days on Market:
- 122
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 127 Tampa Ave E
General Information
- Standard status
- Active
- Size
- 7,995 SF
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1982
Listing office Merritt Realty Corporation
Listing date Feb 25, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Merritt Realty Corporation
HighLights
- High foot traffic location.
- Located in Downtown Venice Area.
- Easy access to amenities.
- Two retail spaces available.
- Two live/work units available.
- Close to residential areas.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $239.9k | $30.00 |
| − Vacancy | −$12.0k | −$1.50 |
| EGI | $227.9k | $28.50 |
| − OpEx | −$85.4k | −$10.69 |
| NOI | $142.4k | $17.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4433025
- Latitude
- 27.1013826
