Property profile

420 Nokomis S Ave Venice, FL 34285

OFF-MARKET
Office buildings
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Property ID
US18-9566357
3,830 SF 0.46 ac Built 1958
Last sale Oct 2024·$1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A 4,742± square-foot medical office building is located on Venice Island in Sarasota County at 420 Nokomis Ave S. The property is configured for medical office use and has been used as a medical practice location, with a history of approximately 20 years of goodwill associated with the site. The building is suitable for an owner-occupant medical practice or for continued use by a medical operator in a medical-office setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$840k
Assessed land$363k
Assessed improvement$477k
Effective rate1.44%

Value estimate

· Nov 2026
$465k
$419k – $512k
CAP approach$915k
Submarket $/SF estimate$1.28M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$269/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$155 – $356
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
ST2
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center10.6
Parking Facility10.1
Laundry Service9.0

Location

420 Nokomis S Ave Venice, FL 34285-2617
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
901 Ridgewood, Venice, FL 34285-6938 $40,000 Oct 2024 3,200 SF
237 Nokomis S, Venice, FL 34285-2319 $350,000 Jun 2024 3,597 SF
241 Nokomis S, Venice, FL 34285-2319 $1,480,000 Mar 2024 4,332 SF
811 Ridgewood, Venice, FL 34285-7009 $1,020,000 Feb 2024 3,285 SF
256 Nokomis S, Venice, FL 34285-2357 $940,000 Apr 2023 4,165 SF
270 Tamiami S, Venice, FL 34285-2432 $1,000,000 Dec 2021 3,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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