Property profile

517 Riviera St C Venice, FL 34287

FOR SALE
Medical Office Space
Saved · see the list in your Dashboard
Property ID
US18-5985284
1,066 SF Built 1990
Last sale Aug 2013·$390,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$161k
Assessed improvement$161k
Effective rate1.52%

Value estimate

· Nov 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 57.31% cap applied$16k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$335/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$208 – $535

Cap rate analysis

How does the asset earn?
57.31%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OMI
JurisdictionSARASOTA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store11.3
Daycare Center10.6
Smoke and Vape Shop10.5

Location

517 Riviera St, Unit C Venice, FL 34287
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
223 Pensacola, Venice, FL 34285-2327 $400,000 Dec 2025 1,200 SF
1515 Tamiami S, Venice, FL 34285-5557 $215,000 May 2023 1,214 SF
1511 Tamiami S, Venice, FL 34285-5578 $190,000 Jul 2020 1,700 SF
730 The Rialto, Venice, FL 34285-3524 $220,500 Dec 2018 1,100 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved