First-Floor Medical Office
1515 TAMIAMI TRAIL S #2A Venice, FL 34285
New
For Sale
$199,900
Well-maintained first-floor office condo with private access and parking, positioned for professional or medical use.
Property Size1,168 SF
Price / SF$171.15
Days on Market4
Property Features for 1515 TAMIAMI TRAIL S #2A
General Information
- Standard status
- Active
- Size
- 1,168 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing Agency:
MAPP REALTY & INVESTMENT CO
(941) 379-2448
Listed By:
ANTHONY CHABOT · License #3626703
Source:
Corcoran
Added: Jul 20
Changed: Jul 23
Last Checked: Jul 23 at 3:52AM
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 MAPP REALTY & INVESTMENT CO
Investment Insights
Based on property information with market context.
A well-maintained first-floor office condo offers approximately 1,170 square feet with private access. The suite is located within a solid masonry office building constructed in 1986 and is currently occupied by a long-time tenant.
The property is situated along US 41/Tamiami Trail, providing strong visibility and high traffic exposure. It is described as being in Flood Zone X (minimal flood risk) and offers convenient access to Venice Island, I-75, along with nearby restaurants, retail, and professional services.
Suitably configured for medical, wellness, therapeutic, or general professional office use, the turnkey space presents an option for an owner-user or investor seeking a presence in Venice’s commercial corridor.
The property is situated along US 41/Tamiami Trail, providing strong visibility and high traffic exposure. It is described as being in Flood Zone X (minimal flood risk) and offers convenient access to Venice Island, I-75, along with nearby restaurants, retail, and professional services.
Suitably configured for medical, wellness, therapeutic, or general professional office use, the turnkey space presents an option for an owner-user or investor seeking a presence in Venice’s commercial corridor.
Key Highlights
- Well‑maintained first‑floor professional office condo (built 1986) with private access
- Approximately 1,170 SF, located at 1515 S Tamiami Trail, Suite 2, Venice, FL 34285 (Parcel ID 0433‑03‑1002)
- Currently occupied by a long‑time tenant
Financial Insights For Office B
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 | $25.2k | $21.60 |
| − Vacancy | −$2.5k | −$2.16 |
| EGI | $22.7k | $19.44 |
| − OpEx | −$5.7k | −$4.86 |
| NOI | $17.0k | $14.58 |
1,168 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$306.3K
$268.0K – $357.4K
NOI $21,443 @ 7.0% cap · market cap 10.73%
Second Best
Office B
$243.3K
$212.9K – $283.8K
NOI $17,029 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$332.0K
$290.5K – $387.3K
NOI $23,237 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lee Watts Counseling
Foster Care Service
A Better Solution Of Venice ...
Home Health Care Service
Dentistry of Venice
Dental Office
Rohit Pankhaniya, MD ...
Physician
FAQs
What type of property is this?
Office units - Well-maintained first-floor office condo with private access and parking, positioned for professional or medical use.
Where is this office units located?
The property is located at 1515 TAMIAMI TRAIL S #2A Venice, FL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Well‑maintained first‑floor professional office condo (built 1986) with private access; Approximately 1,170 SF, located at 1515 S Tamiami Trail, Suite 2, Venice, FL 34285 (Parcel ID 0433‑03‑1002); Currently occupied by a long‑time tenant
