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    201 Miami W Ave Venice, FL 34285
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    Property profile & analytics

    201 Miami W Ave Venice, FL 34285

    View on Map
    • Community centers
    • 9,564 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US18-5400851
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,090,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michelle Morgan, PA / Real Estate Agency
    • The Duquette Team / Real Estate Agency
    • Jens Behrmann Engel & Völkers / Real Estate Agency
    • Ruth H Laurent, PLLC / Real Estate Agency
    • Janice Martin, Advisor at Engel & Völkers Venice Downtown / Real Estate Agency

    Property Details for 201 Miami W Ave

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.35 lot acres
    Property size
    9,564 SF
    Zone code
    VA
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    0408-05-0025
    APU
    408050025

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,820,000
      6.5%
      $2,605,000
      7%
      $2,415,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.4462
    Latitude
    27.0987
    CBSA code
    35840
    CBSA name
    NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $29,010
    $412,600
    $1,624,800
    $2,037,400
    -
    $412,600
    $1,624,800
    $2,037,400

    Comparable in this City

    • Value Estimation
      $1,755,000
      11,044 SF

      225 Miami W Ave

      MINI-MALL • 11,044 SF
      225 Miami W Ave, Venice, FL 34285-2341
      View Details
    • Value Estimation
      $1,620,000
      9,716 SF

      201 Venice Ave

      MINI-MALL • 9,716 SF
      201 Venice Ave, Venice, FL 34285-2002
      View Details
    • Value Estimation by Request
      1,368 SF

      324 Miami W Ave

      MINI-MALL • 1,368 SF
      324 Miami W Ave, Venice, FL 34285-2305
      View Details
    • Value Estimation
      $1,280,000
      5,000 SF

      311 Venice Ave

      MINI-MALL • 5,000 SF
      311 Venice Ave, Venice, FL 34285-2004
      View Details
    • Value Estimation
      $585,000
      3,000 SF

      127 Tampa E Ave

      MINI-MALL • 3,000 SF
      127 Tampa E Ave, Venice, FL 34285-1949
      View Details
    • Value Estimation by Request
      1,965 SF

      120 Venice Ave

      MINI-MALL • 1,965 SF
      120 Venice Ave, Venice, FL 34285-1929
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,200 SF

      Retail Space in Venice, FL

      Retail leasing opportunity near Tamiami Trail and Jacaranda Blvd.
      4291 Tamiami Trl, Venice, FL 34285
      View Details
    • $3,750,000
      12,922 SF

      Retail Center on US 41 Bypass

      Multi-tenant retail center with high visibility and storage areas.
      1255 Us 41 Byp S, Venice, FL 34285
      View Details
    • $1,350,000
      5,624 SF

      Venice Redevelopment Opportunity on Tamiami

      0.86 acre redevelopment site with high traffic exposure.
      915 S Tamiami Trl, Venice, FL 34285
      View Details
    • $350,000
      1,520 SF

      Retail Unit in Venice, FL

      1,520 SF retail unit for sale in Venice, Florida.
      853 Us 41 Byp S, Venice, FL 34285
      View Details
    • $1,950,000

      Venice Avenue Investment Opportunity

      Rare investment opportunity suitable for medical, retail, or multifamily redevelopment.
      712 E Venice Ave, Venice, FL 34285
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space at Regency Square

      Retail space with high traffic count and excellent access.
      1185 U.S 41 Byp S, Venice, FL 34285
      View Details
    • Contact for pricing
      23,722 SF

      Venice Beach Retail Opportunity

      Grocery-anchored shopping center in affluent Venice Beach community.
      501-555 Tamiami Trl S, Venice, FL 34285
      View Details
    • Contact for pricing
      1,605 SF

      Retail Space in Winn-Dixie Center

      Retail space with high visibility and accessibility on US 41.
      442-444 Us Highway 41 Byp, Venice, FL 34285
      View Details
    • $32 SF/Yr

      Venice Avenue Retail/Office Opportunity

      Repurposed bank location for retail, restaurant, or office use.
      304 W Venice Ave, Venice, FL 34285
      View Details
    • $3,500 /Mo
      1,500 SF

      Mixed-Use Destination in Venice, Florida

      Unique mixed-use property with high visibility and ample parking.
      530 Us-41-Byp, Venice, FL 34285
      View Details
    • $24,000

      Historic San Marco Commercial Space

      Prime commercial space in the historic San Marco building.
      240 Tampa Ave W 15A, Venice, FL 34285
      View Details
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    Venice, FL 34285
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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