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    Executive Office Suite Portfolio Title is generated by Realmo AI

    4f-1500 E Venice Ave, Venice, FL 34285

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    For Sale
    $1,300,000

    Second-floor suite portfolio offers privacy with dedicated lobby and elevator access, with two suites currently leased.

    Property size:
    6,639 SF
    Price / SF:
    $195/SF
    Added:
    Feb 13, 2026
    Days on Market:
    114
    Last Refresh:
    Jun 6 at 5:45 am

    Property Features for 4f-1500 E Venice Ave

    General Information

    Standard status
    Active
    Size
    6,639 SF

    We can help!

    Listing Contact
    Jason Welch
    Jason Welch

    Listing agent Jason Welch License #3272633

    Listing office SENSIBLE PROPERTY MANAGMENT

    Listing date Feb 13, 2026

    Source Exprealty

    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

    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
    • Four vacant suites offer leasing flexibility to set rates for the remaining space
    • Configured for professional office or medical use, with the option to consolidate into one large corporate user
    • Located on E Venice Ave for convenient access and visibility to professional and medical businesses

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4446933
    Latitude
    27.1003079

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    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
    (727) 481-4502
    We can help!
    Listing Contact
    Jason Welch
    Jason Welch
    Real Estate License ID: 3272633
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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