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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Retail space
1831 Tamiami Trl Venice, FL 34293-3128
Entity Owned
~
Est. High Equity
Property ID
US18-1115670
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,400 SF
Lot
0.23 ac (10,140 SF)
Zoning code
CG
APN
0434-09-0033
UPID
US18-1115670
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
-
Tiki Tyme Beach Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$506k
Blend (final)
Blend
$545k
Owner & transaction history
Teub Property LLC
Teub Property LLC
since 2026
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
CG · Venice, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$805,000
+13.9%
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
$350,000
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
RETAIL STORES
$705,000
Current use
MEDICAL BUILDING
$805,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10% · vs last sale $550k (Feb 2 2026)
Last sale anchor
$550k
Feb 2 2026
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
$227 / 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
$1,462
Tax year 2023
Assessed value
$405,600
Assessed 2023
Previous assessed
$326,100
+24.4% YoY
Effective rate
0.36%
On assessed value
Assessed land
$184,500
Assessed improvement
$221,100
Land market value
$184,500
Improvement market value
$221,100
Total market value
$405,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
3
Bathrooms
3
Total area
2,400 SF
Lot
0.23 ac (10,140 SF)
Zoning code
CG
APN
0434-09-0033
UPID
US18-1115670
Jurisdiction
SARASOTA
Zoning & alternative use
CG · Venice, FL
Zoning CG · permitted uses
CG · 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
RETAIL STORES Current
Est. value
$705,000
MEDICAL BUILDING
Est. value
$805,000
OFFICE BUILDING
Est. value
$640,000
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
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
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
3
Lot
0.23 ac
Current owner
From public records · entity-resolved
Teub Property LLC
Entity
Mailing address
347 W VENICE AVE, VENICE, FL 34285-2004
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
Teub Property LLC
Venezia Properties LLC
Quitclaim Deed
related
—
Feb 2, 2026
$550,000
Teubto Property LLC
Kenneth L Heitel
Warranty Deed
$525,000 · Ken Heitel INC
Dec 15, 2025
—
Kenneth L Heitel & Susan J Heitel J
Heitel Family Limited Partnership L
Deed
related
—
Jan 5, 2022
—
Heitel Family Limited Partnership L
Venezia Properties LLC
Warranty Deed
—
Mar 2, 2011
$250,000
Venezia Properties LLC
T&p Holdings LLC
Warranty Deed
$187,500 · Florida Shores Bank Southwest
Jan 21, 2011
$161,001
Hussein J Taha
Rk Inv Consultants INC Coc
Trustees Deed
—
Jun 8, 2004
$315,000
Rk Investment Consultantts INC
Tb Bucs Nation LLC
Grant Deed
$260,000 · Money Consultants INC
Apr 1, 2003
$200,000
Tb Bucs Nation LLC
Brent A Pinkerton Ins Agency
Quit Claim Deed
related
—
Oct 2, 2001
$270,000
Brent A Pinkerton Insurance
Shipps,peter E & Karen E
Grant Deed
—
Jun 17, 1998
$170,000
Peter E Shipps
Ernestine H Leighton Estate
Grant Deed
$144,500 · Seller
—
—
Rk Investment Consultants INC
—
Deed Of Trust
related
$375,000 · Greenpoint Mortgage Funding
—
—
Rk Investment Consultants INC
—
Deed Of Trust
related
$100,000 · Money Consultants INC
—
—
Venezia Properties LLC
—
Deed Of Trust
related
$50,000 · Florida Shores Bank
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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