Move-In-Ready Office
For Sale
$250,000
1521 TAMIAMI TRAIL S #3A, Venice, FL 34285
1,198 SF office condo with reception, multiple private offices, kitchenette, private restroom, and wood flooring.
Property Size1,198 SF
Price / SF$208.68
Days on Market94
Property Features for 1521 TAMIAMI TRAIL S #3A
General Information
Standard status
Active
Size
1,198 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Year Built
1986
Listing Agency:
LOYD ROBBINS & CO. LLC
(941) 957-9300
Listed By:
Dan McLeroy, Jr · License #0539421
(941) 321-7573
Source:
Dennisrealty
Added: Jul 21
Changed: Oct 21
Last Checked: Oct 20 at 9:33PM
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 LOYD ROBBINS & CO. LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located within the established South Bridge Park office complex, this 1,198 SF office condominium is designed for professional use and offers a move-in-ready interior. The suite includes a welcoming reception area, multiple private offices with two executive-sized offices, a kitchenette, a private restroom, and ample storage. Wood flooring runs throughout, supported by abundant natural light.
The property is situated along South Tamiami Trail and benefits from convenient parking for clients and employees within a mature campus setting shaded by live oak trees. It is positioned just minutes from Historic Downtown Venice, Venice Beach, US-41, and Sarasota Memorial Hospital - Venice, supporting easy access for day-to-day operations.
This condominium layout supports a range of office users needing a reception function, several enclosed workspaces, and dedicated restroom and kitchenette amenities within a single suite.
The property is situated along South Tamiami Trail and benefits from convenient parking for clients and employees within a mature campus setting shaded by live oak trees. It is positioned just minutes from Historic Downtown Venice, Venice Beach, US-41, and Sarasota Memorial Hospital - Venice, supporting easy access for day-to-day operations.
This condominium layout supports a range of office users needing a reception function, several enclosed workspaces, and dedicated restroom and kitchenette amenities within a single suite.
Key Highlights
- 1,198 SF office condominium in the South Bridge Park office complex (built 1986)
- Floor plan includes a reception area, multiple private offices, and a kitchenette
- Features a private restroom and plenty of storage for day‑to‑day office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,467
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,340
$349.3K
Cap Rate 7%
$249,529
$249.5K
Cap Rate 9%
$194,078
$194.1K
Market Conditions
NOI Build-Up for 1,198 SF
Gross rent
$25.9K $21.60/SF
− Vacancy
−$2.6K −$2.16/SF
EGI
$23.3K $19.44/SF
− OpEx
−$5.8K −$4.86/SF
NOI
$17.5K $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%
$349,340
Cap Rate 7%
$249,529
Cap Rate 9%
$194,078
Alternative Uses
Best Use
Office B
$249.5K
$218.3K – $291.1K
NOI $17,467 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$340.5K
$297.9K – $397.2K
NOI $23,834 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
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
Frequently Asked Questions
What type of property is this?
Office unit - 1,198 SF office condo with reception, multiple private offices, kitchenette, private restroom, and wood flooring.
Where is this office unit located?
The property is located at 1521 TAMIAMI TRAIL S #3A Venice, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,198 SF office condominium in the South Bridge Park office complex (built 1986); Floor plan includes a reception area, multiple private offices, and a kitchenette; Features a private restroom and plenty of storage for day‑to‑day office use
