Venice Medical Office
For Sale
Contact for pricing
836 Sunset Lake Blvd, Venice, FL 34292
Medical office condo for sale in Venice, Florida.
Property Size1,320 SF
Price / SF$340.91
Days on Market1624
Property Features for 836 Sunset Lake Blvd
General Information
Standard status
Active
Size
1,320 SF
Class
B
Property subtype
Office
Zoning
OPI
Investment Type
Owner/User
Building Details
Year Built
2002
Stories
2
Listing Agency:
CNK Realty LLC
Listed By:
Ken Hughes · License #FL BK3048461
Source:
Crexi
Added: May 19, 2022
Changed: Oct 25
Last Checked: Oct 28 at 8:30AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$24,234
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,680
$484.7K
Cap Rate 7%
$346,200
$346.2K
Cap Rate 9%
$269,267
$269.3K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$42.3K $32.04/SF
− Vacancy
−$1.9K −$1.44/SF
EGI
$40.4K $30.60/SF
− OpEx
−$16.2K −$12.24/SF
NOI
$24.2K $18.36/SF
Area
Sarasota County, FL
Vacancy
4.50%
Lease Rate
$32.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,680
Cap Rate 7%
$346,200
Cap Rate 9%
$269,267
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.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 34292, FL
17,141
Population
10,559
Households
1.6
Avg Household Size
68
Median Age
43%
College-Educated
96%
High-School Grad
32.5 sq mi
ZIP Area
527
Density / Sq Mi
$80,274
Median Household Income
$41,719
Median Earnings
$1,924
Median Rent
$417,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- American Society-Veterinary — 620 Shamrock Blvd, Venice, FL 34293
- Garner Veterinary Services — 725 Shamrock Blvd, Venice, FL 34293
- Garner Veterinary Services- Dr. Kelley Garner (JACARANDA ANIMAL HOSPITAL) — 725 Shamrock Blvd, Venice, FL 34293
- Berkowitz Gary DVM — 1168 Jacaranda Blvd, Venice, FL 34292
- Veterinary Associates Of Jacaranda — 1168 Jacaranda Blvd, Venice, FL 34292
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.
