Two-Floor Condominium Office
1501 S Tamiami Trl Venice, FL 34285
For Sale
Contact for pricing
Contiguous ground- and second-floor commercial condominium units with street-level access, offered as two parcels or together.
Property Size3,184 SF
Price / SF$219.85
Days on Market99
Property Features for 1501 S Tamiami Trl
General Information
- Standard status
- Active
- Size
- 3,184 SF
- Property subtype
- Office
Listing Agency:
Harry E Robbins Associate
(941) 724-2321
Listed By:
Kevin Robbins · License #SL3042951
Source:
Crexi
Added: Apr 16
Changed: Jul 23
Last Checked: Jul 23 at 4:30AM
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 Harry E Robbins Associate
Investment Insights
Based on property information with market context.
This listing offers a contiguous block of commercial condominium units arranged across two floors. The ground-floor units (7A–7H) provide street-level access and include 2,042 square feet of space. The second-floor units (8E–8J) total 1,142 square feet.
The property is offered as two distinct parcels, allowing units to be purchased individually or together. It is located on South Tamiami Trail in Venice, Florida, along US-41.
The configuration supports a multi-suite setup within a single ownership opportunity, with both floors available as part of the combined 3,184 square feet offering.
The property is offered as two distinct parcels, allowing units to be purchased individually or together. It is located on South Tamiami Trail in Venice, Florida, along US-41.
The configuration supports a multi-suite setup within a single ownership opportunity, with both floors available as part of the combined 3,184 square feet offering.
Key Highlights
- Contiguous commercial condominium units along South Tamiami Trail in Venice, FL, offered as two parcels or together.
- Ground‑floor units 7A–7H total 2,042 SF and are listed at $475,000.
- Second‑floor units 8E–8J total 1,142 SF and are listed at $225,000.
Financial Insights For Healthcare Medical
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 | $102.0k | $32.04 |
| − Vacancy | −$4.6k | −$1.44 |
| EGI | $97.4k | $30.60 |
| − OpEx | −$39.0k | −$12.24 |
| NOI | $58.5k | $18.36 |
3,184 SF · lease $32.04/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$835.1K
$730.7K – $974.3K
NOI $58,455 @ 7.0% cap · market cap 8.35%
Second Best
Retail
$710.7K
$621.8K – $829.1K
NOI $49,747 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$904.9K
$791.8K – $1.06M
NOI $63,344 @ 7.0% cap · market cap 9.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Indigo Wine Group
Brewery & Distillery
Biggart Insurance Inc
Insurance Agency
Venice Monessori Preschool ...
High School
Viper Security LLC
Security Service
Calusa Security
Security Service
FAQs
What type of property is this?
Office units - Contiguous ground- and second-floor commercial condominium units with street-level access, offered as two parcels or together.
Where is this office units located?
The property is located at 1501 S Tamiami Trl Venice, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Contiguous commercial condominium units along South Tamiami Trail in Venice, FL, offered as two parcels or together.; Ground‑floor units 7A–7H total 2,042 SF and are listed at $475,000.; Second‑floor units 8E–8J total 1,142 SF and are listed at $225,000.
