Venice Medical Office
836 Sunset Lake Blvd Venice, FL 34292
For Sale
Contact for pricing
Medical office condo for sale in Venice, Florida.
Property Size1,320 SF
Price / SF$340.91
Days on Market1533
Property Features for 836 Sunset Lake Blvd
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Office
Building Details
Year Built
2002
Listing Agency:
CNK Realty LLC
Listed By:
Ken Hughes · License #FL BK3048461
Source:
Crexi
Added: May 19, 2022
Changed: Jul 6
Last Checked: Jul 25 at 3:16PM
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 CNK Realty LLC
Investment Insights
Based on property information with market context.
This is a rare opportunity to purchase a smaller medical office condo in Venice, Florida. The property is surrounded by other medical users and efficiently built out for a solo practitioner. The layout includes a waiting room, separate check-in/out area, three exam rooms with water access, a private office, a staff area, and two bathrooms. The property size is 1320 square feet.
Key Highlights
- Medical office condo in Venice, FL, ideal for a solo practitioner.
- Efficient build‑out includes waiting room, separate check in/out, 3 exam rooms with water, private office, staff area and 2 bathrooms.
- Surrounded by other medical users.
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 | $42.3k | $32.04 |
| − Vacancy | −$1.9k | −$1.44 |
| EGI | $40.4k | $30.60 |
| − OpEx | −$16.2k | −$12.24 |
| NOI | $24.2k | $18.36 |
1,320 SF · lease $32.04/SF/yr · vacancy 4.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$346.2K
$302.9K – $403.9K
NOI $24,234 @ 7.0% cap · market cap 5.39%
Second Best
Office B
$274.9K
$240.6K – $320.8K
NOI $19,246 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$375.2K
$328.3K – $437.7K
NOI $26,261 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Garner Veterinary Services — 725 Shamrock Blvd, Venice, FL 34293
- Garner Veterinary Services- Dr. Kelley Garner (JACARANDA ANIMAL HOSPITAL) — 725 Shamrock Blvd, Venice, FL 34293
- Veterinary Associates Of Jacaranda — 1168 Jacaranda Blvd, Venice, FL 34292
- Berkowitz Gary DVM — 1168 Jacaranda Blvd, Venice, FL 34292
- American Society-Veterinary — 620 Shamrock Blvd, Venice, FL 34293
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo for sale in Venice, Florida.
Where is this medical office space located?
The property is located at 836 Sunset Lake Blvd Venice, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Medical office condo in Venice, FL, ideal for a solo practitioner.; Efficient build‑out includes waiting room, separate check in/out, **3 exam rooms with water**, private office, staff area and 2 bathrooms.; Surrounded by other medical users.
