Office Condo with
For Sale
$178,000
2a-1521 Tamiami Trail S, Venice, FL 34285
The second-floor suite includes three private workrooms, a conference room, and a break area.
Property Size778 SF
Price / SF$228.79
Days on Market72
Property Features for 2a-1521 Tamiami Trail S
General Information
Standard status
Active
Size
778 SF
Elevators
Yes
Additional Details
Floor
2
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,373
Amenities
private entrance
conference room
kitchen/break room
bathroom with shower
reception area
Listing Agency:
PETER PIKE LIC. R.E. BROKER
(941) 312-2580
Listed By:
Ivan Gould, PA · License #3275540
(941) 323-9655
Source:
Exprealty
Added: Aug 18
Changed: Oct 27
Last Checked: Oct 28 at 9:42AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 778-square-foot office condominium is on the second floor and has elevator access and a private entrance. Its layout includes three offices, a conference room, a kitchen and break area, a bathroom with a shower, and a reception area.
A separate 2,334-square-foot office area on the first floor may be combined with the suite. The property information identifies it as a separately priced option.
A separate 2,334-square-foot office area on the first floor may be combined with the suite. The property information identifies it as a separately priced option.
Key Highlights
- 778‑square‑foot second‑floor office condominium
- Three offices plus a conference room
- Private entrance and elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,343
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,860
$226.9K
Cap Rate 7%
$162,043
$162.0K
Cap Rate 9%
$126,033
$126.0K
Market Conditions
NOI Build-Up for 778 SF
Gross rent
$16.8K $21.60/SF
− Vacancy
−$1.7K −$2.16/SF
EGI
$15.1K $19.44/SF
− OpEx
−$3.8K −$4.86/SF
NOI
$11.3K $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%
$226,860
Cap Rate 7%
$162,043
Cap Rate 9%
$126,033
Alternative Uses
Best Use
Office B
$162.0K
$141.8K – $189.1K
NOI $11,343 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$221.1K
$193.5K – $258.0K
NOI $15,478 @ 7.0% cap · market cap 8.70%
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
387
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 - The second-floor suite includes three private workrooms, a conference room, and a break area.
Where is this office unit located?
The property is located at 2a-1521 Tamiami Trail S Venice, FL.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: 778‑square‑foot second‑floor office condominium; Three offices plus a conference room; Private entrance and elevator access
