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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Specialty properties
157 Havana Rd Venice, FL 34292-3104
Entity Owned
~
Est. High Equity
Property ID
US18-5534554
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,273 SF
Lot
8.4 ac (365,812 SF)
Zoning code
RSF4; EVA
APN
0416-08-0001
UPID
US18-5534554
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
-
Dingbat Theatre Project Theater & Performing Art Venue
-
Julie Maloni Physician
-
Sean Mclaughlin Spa & Massage Center Alternative Medicine Practice
-
Loveland Center, Inc. Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$791k
Blend (final)
Blend
$755k
Owner & transaction history
The Loveland Center INC
The Loveland Center INC
since 2026
7 recorded transactions
Zoning & alternative use
RSF4; EVA · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+136.2%
Medical building
$1.0M
+122.5%
Auto repair, garage
$950,000
+107.2%
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
Method
Estimation
Statistic approach
by Request
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$460,000
Current use
OFFICE BUILDING
$1,085,000
Change: +136% · Conversion: Difficult
MEDICAL BUILDING
$1,020,000
Change: +122% · Conversion: Difficult
AUTO REPAIR, GARAGE
$950,000
Change: +107% · Conversion: Difficult
RETAIL STORES
$910,000
Change: +99% · Conversion: Difficult
COMMERCIAL (GENERAL)
$860,000
Change: +87% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$545,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
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
$21,504
Tax year 2023
Assessed value
$14,924,800
Assessed 2023
Previous assessed
$11,602,200
+28.6% YoY
Effective rate
0.14%
On assessed value
Assessed land
$1,945,800
Assessed improvement
$12,979,000
Land market value
$1,945,800
Improvement market value
$12,979,000
Total market value
$14,924,800
Applied tax rate
100.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
10
Stories
1
Rooms
5
Bathrooms
72
Total area
5,273 SF
Lot
8.4 ac (365,812 SF)
Zoning code
RSF4; EVA
APN
0416-08-0001
UPID
US18-5534554
Jurisdiction
SARASOTA
Zoning & alternative use
RSF4; EVA · Venice, FL
Zoning RSF4; EVA · permitted uses
RSF4; EVA · 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.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$460,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$950,000
RETAIL STORES
Est. value
$910,000
COMMERCIAL (GENERAL)
Est. value
$860,000
INDUSTRIAL (GENERAL)
Est. value
$545,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
10
Rooms
5
Bathrooms
72
Lot
8.4 ac
Current owner
From public records · entity-resolved
The Loveland Center INC
Entity
Mailing address
157 S HAVANA RD, VENICE, FL 34292-3104
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
The Loveland Center INC
—
Deed
related
$5,000,000 · Achieva Cu
—
—
Loveland Center INC
—
Deed Of Trust
related
$500,000 · Housing Finance Corp Florida
—
—
Loveland Center INC
—
Deed Of Trust
related
$835,000 · Housing Fin Agcy
—
—
Loveland Center INC
—
Deed Of Trust
related
$380,000 · Miscellaneous Govt Agcy
—
—
Loveland Center INC
—
Deed Of Trust
related
$940,000 · Housing Fin Agcy
—
—
Loveland Center INC
—
Deed Of Trust
related
$989,000 · Cadence Bk
—
—
Loveland Center INC
—
Loan Modification
related
$500,000 · Hud-housing/urban Dev
—
—
Loveland Center INC
—
Loan Modification
related
$500,000 · Housing Finance Corp Florida
—
—
Loveland Center INC
—
Deed Of Trust
related
$500,000 · Housing Finance Corp Florida
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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