Executive Office Suite
4f-1500 E Venice Ave Venice, FL 34285
4f-1500 E Venice Ave, Venice, FL, 34285
$1,300,000
For Sale
$1,300,000
Second-floor suite portfolio offers privacy with dedicated lobby and elevator access, with two suites currently leased.
Property Size6,639 SF
Price / SF$195.81
Days on Market160
Property Features for 4f-1500 E Venice Ave
General Information
- Standard status
- Active
- Size
- 6,639 SF
Listing agency
SENSIBLE PROPERTY MANAGMENT
(727) 481-4502
Listed by
Jason Welch · License #3272633
(727) 481-4502
Source
Exprealty
Added: Feb 13 Updated: Jul 10 at 1:53PM Checked: Jul 22 at 12:58AM
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 SENSIBLE PROPERTY MANAGMENT
Investment Insights
Based on property information with market context.
This second-floor executive suite portfolio totals 6,639 square feet and is laid out into six private office suites. The configuration supports professional office use, medical office use, or consolidation for a single larger corporate user, making the space flexible for a range of owner-user and leasing strategies. The building is described as professionally maintained with modern construction intended to serve long-term, high-quality tenants.
The offering is located at 4F-1500 E Venice Ave in Venice, Florida, with the suite location positioned for strong visibility and accessibility along E Venice Avenue. As described in the materials, Unit 4F includes exclusive use and control of the building’s main lobby and elevator, creating a more private, executive-level entry experience separate from other tenants.
Currently, two of the six suites are leased, while four suites are vacant, providing the new owner with immediate space to lease based on their operating plan. For an owner-user, the dedicated entry experience supports a more controlled reception and client arrival flow. For an investor, the mix of in-place occupancy and available suites offers a practical path to stabilize and expand income within this established office building.
The offering is located at 4F-1500 E Venice Ave in Venice, Florida, with the suite location positioned for strong visibility and accessibility along E Venice Avenue. As described in the materials, Unit 4F includes exclusive use and control of the building’s main lobby and elevator, creating a more private, executive-level entry experience separate from other tenants.
Currently, two of the six suites are leased, while four suites are vacant, providing the new owner with immediate space to lease based on their operating plan. For an owner-user, the dedicated entry experience supports a more controlled reception and client arrival flow. For an investor, the mix of in-place occupancy and available suites offers a practical path to stabilize and expand income within this established office building.
Key Highlights
- 6,639 SF entire second‑floor executive suite portfolio configured into six suites
- Unit 4F includes exclusive use/control of the building’s main lobby and elevator for a dedicated entry experience
- Two of the six suites are currently leased, providing immediate rental income
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 | $143.4k | $21.60 |
| − Vacancy | −$14.3k | −$2.16 |
| EGI | $129.1k | $19.44 |
| − OpEx | −$32.3k | −$4.86 |
| NOI | $96.8k | $14.58 |
6,639 SF · lease $21.60/SF/yr · vacancy 10.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.74M
$1.52M – $2.03M
NOI $121,885 @ 7.0% cap · market cap 9.38%
Second Best
Office B
$1.38M
$1.21M – $1.61M
NOI $96,797 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,080 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Second-floor suite portfolio offers privacy with dedicated lobby and elevator access, with two suites currently leased.
Where is this office units located?
The property is located at 4f-1500 E Venice Ave Venice, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,639 SF entire second‑floor executive suite portfolio configured into six suites; Unit 4F includes exclusive use/control of the building’s main lobby and elevator for a dedicated entry experience; Two of the six suites are currently leased, providing immediate rental income
