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Property profile & analytics

236 Grove St Nokomis, FL 34285

  • Warehouses
  • 3,540 SF
  • 0.17 lot acres
Value Estimation
Last Sale
Dec 05, 2022
$750,000
Location Intelligence
Property ID
US18-1997503
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Warehouses

Property Details for 236 Grove St

Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 lot acres
Property size
3,540 SF
Zone code
SBI
Property type
Warehouses
APN
0408-08-0043
APU
408080043

Description

This exceptional 6,404 square foot mixed-use property presents a unique live-work opportunity in the vibrant city of Venice, Florida. Located at 236 Grove Street, this two-story building, constructed in 1963, sits on a 7,500 square foot lot (APN 0408080043) and is zoned SBI. The property features a ground floor with a storefront entrance leading to a showroom/office area and restrooms, complemented by two overhead doors providing access to a warehouse space. The upper level offers versatile potential; it could generate rental income, be converted into additional office space, or serve as residential living quarters, perfectly suited for a live-work lifestyle. The building is currently vacant, allowing for immediate occupancy and customization to suit individual needs. Its convenient location just off US-41 Bypass offers easy access to downtown Venice, with its array of shops and restaurants. This multi-unit property (two units) represents a compelling investment opportunity for owner-users seeking a blend of commercial and residential space. The asking price is $844,000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $905,000
  • CAP approach

    CAP return
    Estimation
    6%
    $690,000
    6.5%
    $810,000
    7%
    $720,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $805,000
    Geo Method
    $700,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $875,000
    Retail
    $745,000
    Mixed-Use
    $850,000
    Hospitality
    $880,000
    Educational
    $765,000
    Residential Income
    $810,000
    Energy
    $800,000
    Income-Based Land
    $855,000
    Food Service
    $710,000

Location Insight

  • Map
  • Local Demand
City
Nokomis
County
Sarasota
State
Florida
Longitude
-82.4353
Latitude
27.0978
CBSA code
35840
CBSA name
NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,025
$108,800
$484,400
$593,200
-
$108,800
$484,400
$593,200
More about this property
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