304 W Venice Ave Venice, FL 34285
Property Lookup
Property profile & analytics
304 W Venice Ave Venice, FL 34285
- Office buildings
- 36,378 SF
- 2.34 lot acres
Property ID
US18-1240203
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.
Location Intelligence
Current Use by Public Records
- Sunbelt Title Agency / Insurance Agency / Real Estate Agency
- Whittaker & Saucier CPA’s PA / Accounting Firm
- Bank of America ATM (Drive-thru) / Atm
- ATM (Suntrust Bank) / Atm
- Wood Seitl & Anderson, P.A. / Law Firm
Property Details for 304 W Venice Ave
- Year built
- 1975
- Lot size
- 2.34 lot acres
- Property size
- 36,378 SF
- Zone code
- VA
- Property type
- Office buildings
- APN
- 0408-04-0129
- APU
- 408040129
Description
This exceptional three-story, Class B office building, totaling 42,657 square feet, presents a unique investment opportunity in Sarasota County's vibrant Central Business District (CBD). Constructed in 1975 and renovated in 2010, the property boasts a prime location on West Venice Avenue, offering high visibility and excellent foot traffic. The building features multiple tenancy options, with spaces ranging from a minimum of 2,000 square feet to a maximum contiguous space of 8,461 square feet. The entire first floor is currently available and can be subdivided to accommodate various business needs. Its previous use as a Bank of America branch speaks to its strong structural integrity and desirable location. The building includes elevators for convenient access to all three floors. The zoning designation is CBD, allowing for a variety of commercial uses, including office, retail, and restaurant spaces. This property is an ideal choice for businesses seeking a prominent location in a thriving area, benefiting from the high volume of local and tourist traffic on Venice Avenue. The property's APN is 0408-04-0129. This is a rare opportunity to secure a well-maintained, versatile commercial space in a highly sought-after Sarasota location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,430,000
- 6.5%
- $8,705,000
- 7%
- $8,080,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,330,000
- AI Estimate
- $7,030,000
Market price range: $5.62M - $13.0MMarket price range: $3.80M - $9.86M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,800,000 Current use
- MEDICAL BUILDING
- $12,185,000 Change: +24% Conversion: Easy
- RETAIL STORES
- $8,210,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Venice
- County
- Sarasota
- State
- Florida
- Longitude
- -82.4485
- Latitude
- 27.1004
- 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
$103,469
$1,400,000
$5,400,900
$6,800,900
-
$1,400,000
$5,400,900
$6,800,900
