Building Details

Building Size 800 SF

Year Built 1964

Listing Agency: ALLISON JAMES ESTATES & HOMES

Listed By: Tere Rice · License #3574828 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Oct 19 Last Checked: Oct 16 at 10:48AM

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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 ALLISON JAMES ESTATES & HOMES

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Investment Insights

Based on property information with market context.

Located in the highly desirable Harbor Lights Waterfront 55+ Community, this home offers an inviting atmosphere. The residence features custom Marmoleum inlaid flooring in soft, muted sand tones throughout. Designer paint in soft, natural light enhances the open-space living, dining, and kitchen area, which includes a dishwasher. The spacious master bedroom is painted in soft aqua and includes built-in drawers, while the second bedroom is pale blue with built-in cabinetry. An enclosed lanai provides a space to relax. Additional features include a small outdoor storage shed, a carport, and an outdoor sitting area. The home is equipped with a stacked washer/dryer, stove top, and microwave, and has a metal roof. Community amenities include a clubhouse, heated pool, boat slips, a launch ramp, dry boat parking, tennis, pickleball, shuffleboard, ceramics, a woodshop, access to the Legacy Trail, and Sunset Park. The monthly maintenance fee is $250, and the community offers an EV charger. Pets are allowed.

Key Highlights

• Waterfront 55+ Community (Harbor Lights) with No Lot Rent
• Extensive Amenities: Clubhouse, Heated Pool, Boat Slips, Launch Ramp, Dry Boat Parking, Tennis, Pickleball, Shuffleboard, Ceramics, Woodshop, Legacy Trail, Sunset Park
• Custom Marmoleum Inlaid Flooring and Designer Paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$7,286

Cap Rate

3.55%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$145,720 $145.7K

Cap Rate 7%

$104,086 $104.1K

Cap Rate 9%

$80,956 $81.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 800 SF

Gross rent

$14.8K $18.48/SF

− Vacancy

−$1.5K −$1.92/SF

EGI

$13.2K $16.56/SF

− OpEx

−$6.0K −$7.45/SF

NOI

$7.3K $9.11/SF

Area

Sarasota County, FL

Vacancy

10.40%

Lease Rate

$18.48 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$145,720

Cap Rate 7%

$104,086

Cap Rate 9%

$80,956

Alternative Uses

Best Use

Apartment 5plus

$104.1K

$91.1K – $121.4K (±1% cap)

NOI $7,286 @ 7.0% cap · market cap 3.55%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$227.4K

$199.0K – $265.3K (±1% cap)

NOI $15,916 @ 7.0% cap · market cap 7.76%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Home Appliance Store Computer & Electronic Repair Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

862

Businesses Nearby

Explore this area Business Placement

Demographics for 34285, FL

18,971

Population

16,081

Households

1.2

Avg Household Size

70

Median Age

40%

College-Educated

95%

High-School Grad

8.3 sq mi

ZIP Area

2,286

Density / Sq Mi

$67,712

Median Household Income

$37,959

Median Earnings

$1,485

Median Rent

$295,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Home in desirable waterfront 55+ community with many amenities.

Where is this mobile home & rv park located?

The property is located at 132 S PARK Dr Venice, FL.

What is the asking price?

The asking price for this property is $205,000.

What are key features of this property?

This property features: Waterfront 55+ Community (Harbor Lights) with No Lot Rent; Extensive Amenities: Clubhouse, Heated Pool, Boat Slips, Launch Ramp, Dry Boat Parking, Tennis, Pickleball, Shuffleboard, Ceramics, Woodshop, Legacy Trail, Sunset Park; Custom Marmoleum Inlaid Flooring and Designer Paint