Technical
Financial
Distress signals
Property profile

249 Seaboard Ave Venice, FL 34285

OFF-MARKET
Other warehouses
Property ID
US18-1270156
13,800 SF 2.2 ac lot Built 1983
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Venice Warehouse & Self-Storage Complex is a renovated multi-building property consisting of seven buildings totaling 53,590 square feet, configured with 150 leasable storage/warehouse spaces. The complex has undergone extensive exterior and infrastructure upgrades, including roof replacements with steel beam replacement, exterior painting, new gutters and downspouts, asphalt improvements, a replaced main sewer line, and modern LED lighting throughout the buildings. A newly constructed on-site manager/maintenance office is provided, equipped with touchscreen technology and integrated property management software. Interior and systems improvements include renovated bathrooms and updated electrical systems, along with additional maintenance upgrades. The site is located near the Island of Venice and the Legacy Trail and is directly across from City of Venice Park, with street-level accessibility and visibility. The facility is configured as a self-storage and small bay warehouse use property, and it contains an area referenced as 338 square feet within the complex.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,800 SF
Lot 2.2 ac (96,000 SF)
Zoning code SBI
APN 0408-09-0050
UPID US18-1270156

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
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Garden Center
  • Car Wash

Location

249 Seaboard Ave Venice, FL 34285-4679
Venice metro Census 2404 NORTH PORT-SARASOTA-BRADENTON, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.79M

Owner & transaction history

since 2026
Last sale
$8.0M
3 recorded transactions
2026
$8.0M
2023
$7.0M
2001
$1.9M

Zoning & alternative use

SBI · Venice, FL
Zoning description

On a corner lot, in any zoning district except the VA, DE, and SBI mixed use districts and IND zoning district, no fence, wall, hedge or other planting or structure that will materially obstruct vision between a height o…

General category UNKNOWN
Top alternative use upside
Restaurant $10.0M +359.8%
Auto repair, garage $7.9M +264.4%
Neighborhood: shopping center $6.2M +186.2%

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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