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1505 Tamiami S Trl Venice, FL 34285-5563

OFF-MARKET Office Spaces Google Maps
1,003 SF Built 1986
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$500k
Range $450k – $550k (±10%)
Property ID US18-2003297

Property summary

AI-generated overview

This meticulously maintained 2,473 square foot office suite, located at 1505 S Tamiami Trail in Venice, Florida, presents a unique investment opportunity. Boasting a prime central business location, this property is ideally suited for a variety of professional uses. The space features six individual offices and a stunning common area, complete with a fully equipped kitchen, providing ample space for both individual work and collaborative efforts. Recent upgrades include a new tile roof (2020) and a new HVAC system (2020), ensuring energy efficiency and low maintenance costs. The exterior of the building has also undergone extensive renovations by the HOA, including a fresh coat of paint. The property includes tax ID numbers 0433031204, 0433031205, and 0433031208. HOA fees cover exterior maintenance, water and sewer, roof escrow, and road and parking area upkeep, minimizing the owner's ongoing responsibilities. The custom-designed work areas offer a high level of finish and flexibility, making it an ideal space for a law firm, title company, or any business seeking a prestigious and functional office environment. The property is offered for sale at $515,000 and is also available for lease at $24 per square foot, NNN. This is a truly exceptional property in impeccable condition, representing a rare opportunity in a highly desirable location.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,003 SF
Zoning code CSC
APN 0433-03-1205
UPID US18-2003297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychotherapist
  • Physician
  • Physician Medical Clinic
  • Physician Medical Clinic
  • 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
$500k

Owner & transaction history

since 2025
Last sale
$279,900
7 recorded transactions
2025
$279,900
2025
Price N/A
2025
$475,000
2021
$169,225
2020
Price N/A
2020
Price N/A
2020
$125,000

Zoning & alternative use

CSC · Venice, FL
Zoning description

CSC Commercial Shopping Center 2.2.5.1. RMH Residential Manufactured Home (excerpted from the previous Land Development Code) A. Intent. It is the intent of this section that adequate provision be made for manufactured h…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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