Double-Unit Office
For Sale
$480,000
1521 TAMIAMI TRAIL S #2M, Venice, FL 34285
Well-maintained professional suite with a private entry, reception area, multiple offices, and two restrooms.
Property Size1,178 SF
Price / SF$407.47
Days on Market57
Property Features for 1521 TAMIAMI TRAIL S #2M
General Information
Standard status
Active
Size
1,178 SF
Elevators
Yes
Property subtype
Office
Building Details
Year Built
1986
Buildings
1
Listing Agency:
PETER PIKE LIC. R.E. BROKER
(941) 312-2580
Listed By:
Ivan Gould, PA · License #3275540
(941) 323-9655
Source:
Dennisrealty
Added: Aug 18
Changed: Oct 13
Last Checked: Oct 12 at 7:18PM
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 PETER PIKE LIC. R.E. BROKER
Investment Insights
Based on property information with market context.
This office condominium combines two adjoining units measuring 1,156 square feet and 1,178 square feet. The configuration includes a private entrance, reception area, eight offices, and two bathrooms, creating a substantial professional workspace within a single connected layout.
An additional 778-square-foot upstairs area with elevator access is also available. The property, located at 1521 Tamiami Trail S #2M in Venice, Florida, was built in 1986.
An additional 778-square-foot upstairs area with elevator access is also available. The property, located at 1521 Tamiami Trail S #2M in Venice, Florida, was built in 1986.
Key Highlights
- Two adjoining office units measuring 1,156 square feet and 1,178 square feet
- Private entrance with reception area
- Eight offices and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,175
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,500
$343.5K
Cap Rate 7%
$245,357
$245.4K
Cap Rate 9%
$190,833
$190.8K
Market Conditions
NOI Build-Up for 1,178 SF
Gross rent
$25.4K $21.60/SF
− Vacancy
−$2.5K −$2.16/SF
EGI
$22.9K $19.44/SF
− OpEx
−$5.7K −$4.86/SF
NOI
$17.2K $14.58/SF
Area
Sarasota County, FL
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,500
Cap Rate 7%
$245,357
Cap Rate 9%
$190,833
Alternative Uses
Best Use
Office B
$245.4K
$214.7K – $286.3K
NOI $17,175 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.8K
$293.0K – $390.6K
NOI $23,436 @ 7.0% cap · market cap 4.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,010
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 Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Well-maintained professional suite with a private entry, reception area, multiple offices, and two restrooms.
Where is this office units located?
The property is located at 1521 TAMIAMI TRAIL S #2M Venice, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two adjoining office units measuring 1,156 square feet and 1,178 square feet; Private entrance with reception area; Eight offices and two bathrooms
