241 NOKOMIS Avenue S Venice, FL 34285
241 NOKOMIS Avenue S, Venice, FL, 34285
$1,599,000
Pending
For Sale
$1,599,000
Pending
SINGLE_FAMILY - VENICE, FL
Property Size4,332 SF
Lot Size0.32 Acres
Days on Market28
Property Features for 241 NOKOMIS Avenue S
General Information
- Property type
- Residential
- Property subtype
- Office
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- APN
- 0408060080
- Size
- 4,332 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOTS 8 & 9 BLK 55 GULF VIEW SEC OF VENICE
- Tax Annual Amount
- 15388
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Building materials
- Block
- Roof type
- Membrane
Listing agency
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
(941) 254-6467
Listed by
Traci Creighton · License #3374207
(941) 451-9419
Added: Jun 25 Updated: Jul 1 at 6:19PM Checked: Jul 22 at 1:06AM
MLS# C7527688
Copyright © 2026 Stellar MLS. 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.
Key Highlights
- Fully leased freestanding triple NNN medical office building with a 7.6% cap rate
- 4,332 SF building on a 14,000 SF lot with 18+ dedicated parking spaces
- Handicapped‑accessible entrance with accessible approach ramp
Local 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 | $138.8k | $32.04 |
| − Vacancy | −$6.2k | −$1.44 |
| EGI | $132.6k | $30.60 |
| − OpEx | −$53.0k | −$12.24 |
| NOI | $79.5k | $18.36 |
4,332 SF · lease $32.04/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.14M
$994.1K – $1.33M
NOI $79,531 @ 7.0% cap · market cap 4.97%
Second Best
Office B
$902.3K
$789.5K – $1.05M
NOI $63,161 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,183 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gynecology Of Venice
Physician
Orthopedic Center of Venice
Medical Clinic
Gonzalez Julio MD
Physician
Jason Collins, M.D.
Physician
Sarasota Med Center ...
Medical Clinic
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- Herrington Michael DVM — Venice, FL 34285, United States
FAQs
Where is this medical office space located?
The property is located at 241 NOKOMIS Avenue S Venice, FL.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Fully leased freestanding triple NNN medical office building with a 7.6% cap rate; 4,332 SF building on a 14,000 SF lot with 18+ dedicated parking spaces; Handicapped‑accessible entrance with accessible approach ramp
