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Property profile & analytics
OFF-MARKET
Office Spaces
1505 Tamiami S Trl Venice, FL 34285-5563
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5940294
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
672 SF
Zoning code
CSC
APN
0433-03-1204
UPID
US18-5940294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Thema Linda P Psychotherapist
-
Family Spine and Pain Care Institute Physician
-
William M. Letson Jr. - William M. Letson Jr. MD Physician Medical Clinic
-
Dr. Angela Steranko, Fundamental Psychology Physician Medical Clinic
-
21st Century Oncology Medical Clinic Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Donna Hutchinson · 9 yrs held
Donna Hutchinson
since 2016
Last sale
$475,000
5 recorded transactions
Zoning & alternative use
CSC · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Venice submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Venice submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,010
Tax year 2023
Assessed value
$66,000
Assessed 2023
Previous assessed
$62,600
+5.4% YoY
Effective rate
1.53%
On assessed value
Assessed improvement
$66,000
Improvement market value
$66,000
Total market value
$66,000
Applied tax rate
2,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
672 SF
Zoning code
CSC
APN
0433-03-1204
UPID
US18-5940294
Jurisdiction
SARASOTA
Zoning & alternative use
CSC · Venice, FL
Zoning CSC · permitted uses
CSC · Venice, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Venice. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Donna Hutchinson
Individual
Mailing address
5220 PAYLOR LN, LAKEWOOD RANCH, FL 34240-2204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2016
—
Donna Hutchinson
Allen Donald Trust
Quit Claim Deed
related
$225,000 · William E JR & Phyllis F Gaylor
Feb 27, 2004
$275,000
Allen Donald Trust
Tyscott Properties INC
Warranty Deed
—
Jan 9, 2002
$49,100
Tyscott Properties INC
Barletta,richard & Timijean
Grant Deed
—
—
—
Allen,donald Trust
—
Deed Of Trust
related
$225,000 · William E JR & Phyllis F Gaylor
—
—
Tyscott Properties INC
—
Deed Of Trust
related
$64,992 · West Coast Guaranty Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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