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Property profile & analytics
OFF-MARKET
Office Spaces
1531 Tamiami Trl S8k-8n Venice, FL 34285-5570
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-5992887
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
794 SF
Zoning code
CSC
APN
0433-03-1306
UPID
US18-5992887
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
-
Florida Physical Therapy Specialists Medical Clinic
-
Skin care studio south Medical Clinic Skin Care Clinic
-
Southbridge Hair Replacement Center Hair Salon
-
Venice Brows & Lashes Hair Salon Nail Salon
-
Eyelash extension | Wow&Wow Hair Salon Nail Salon
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
Circus Commons LLC · 6 yrs held
Circus Commons LLC
since 2020
Last sale
$249,900
7 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
$1,149
Tax year 2023
Assessed value
$76,400
Assessed 2023
Previous assessed
$76,400
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed improvement
$76,400
Improvement market value
$76,400
Total market value
$76,400
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
794 SF
Zoning code
CSC
APN
0433-03-1306
UPID
US18-5992887
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
Circus Commons LLC
Entity
Free & Clear · 6 yrs held
Mailing address
370 BASE AVE E APT #208, VENICE, FL 34285-4034
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2020
$249,900
Circus Commons LLC
Michael A Gabanic
Correction Deed
related
—
Jan 8, 2020
$249,900
Circus Commons LLC
Michael A Gabanic
Warranty Deed
—
Jul 2, 2014
$150,000
Michael A Gabanic
Branch Bkng & Trust Co
Grant Deed
—
Jan 24, 2014
$126,701
Branch Bkng & Trust Co
Khleif & Khleif Ltd Coc
Trustees Deed
related
—
Aug 24, 2010
—
South Brg Park Condo Assn INC
1531 Mongoose Giving Trust Coc
Trustees Deed
related
—
Jul 8, 2005
—
1531 Mongoose Giving Trust
Khleif & Khleif Ltd
Warranty Deed
—
May 11, 2005
—
Khleif & Khleif Ltd
1531 Mongoose Giving Trust
Warranty Deed
—
Nov 4, 2002
—
Florida First Escrow Co Ttee
R & M Denver Ltd
Grant Deed
related
—
Aug 13, 2001
—
R & W Deaver Ltd
Community National Bank
Quit Claim Deed
related
—
Jul 24, 2001
—
Us Small Business Admn
American College Of Medical Qu
Trustees Deed
related
—
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.
Try Rey
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