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First-Floor Office Condo Suite

1515 TAMIAMI Trail S Venice, FL 34285

New
1515 TAMIAMI Trail S, Venice, FL, 34285
$199,900
For Sale
$199,900

SINGLE_FAMILY - VENICE, FL

Property Size1,168 SF
Lot Size4.93 Acres
Price / SF$171.15
Days on Market3

Property Features for 1515 TAMIAMI Trail S

General Information

Property type
Residential
Property subtype
Office
Zoning
CSC
Standard status
Active
APN
0433031002
Size
1,168 SF
Lot size
4.93 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
UNITS 2A 2B 2C 2D 2E 2F 2G 2H 2I 2J 2K 2L 2M 2MA SOUTH BRIDGE PARK NO 1
Tax Annual Amount
1977

Utilities

Cooling system
Central Air

Building Details

Year built
1986
Floors in Building
1
Building materials
Stucco
Listing agency MAPP REALTY & INVESTMENT CO
Listed by Anthony Chabot · License #3626703
Added: Jul 20 Updated: Jul 22 at 12:35PM Checked: Jul 22 at 5:06PM
MLS# A4700551

Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained first-floor office condo suite offers approximately 1,170 square feet and features private access. The building is solid masonry construction built in 1986, and the unit is currently occupied by a long-time tenant. The property is positioned in Flood Zone X (minimal flood risk) and is identified with zoning of CSC.

Located at 1515 South Tamiami Trail in Venice, the suite benefits from visibility and high traffic exposure along US 41/Tamiami Trail. The setting also provides convenient access to Venice Island, I-75, and nearby restaurants, retail, and professional services, supported by ample parking.

The turnkey configuration is well suited for medical, wellness, therapeutic, or general professional office use, making it a straightforward option for an owner-user or investor seeking a condo suite on Venice’s commercial corridor.

Key Highlights

  • First‑floor professional office condo (Suite 2) at 1515 S Tamiami Trail, Venice, FL 34285 (Parcel ID 0433‑03‑1002)
  • Approximately 1,170 SF with private access and currently occupied by a long‑term tenant
  • Built in 1986 with stucco construction and solid masonry building

Local 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 (±1% cap)
NOI $21,443 @ 7.0% cap · market cap 10.73%
Second Best
Office B
$243.3K
$212.9K – $283.8K (±1% cap)
NOI $17,029 @ 7.0% cap · market cap 8.52%
Theoretical Best
Office A
$332.0K
$290.5K – $387.3K (±1% cap)
NOI $23,237 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile 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

Suggested Use

Restaurant Law Firm Big Box & Wholesale Store Hair Salon Dental Office Gym & Fitness Center Grocery & Convenience Store Electrical Service Pharmacy Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Well-maintained first-floor office suite with private access, solid masonry construction, and ample parking, currently tenant-occupied.
Where is this office units located?
The property is located at 1515 TAMIAMI Trail S 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: First‑floor professional office condo (Suite 2) at 1515 S Tamiami Trail, Venice, FL 34285 (Parcel ID 0433‑03‑1002); Approximately 1,170 SF with private access and currently occupied by a long‑term tenant; Built in 1986 with stucco construction and solid masonry building
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