Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    842 Sunset Lk Blvd Ste, Unit 403 Venice, FL 34292-7553

    • Medical offices
    • 5,243 SF
    OFF-MARKET
    Value Estimation
    $2,030,000
    Last Sale
    Sep 17, 2021
    $1,600,000
    Location Intelligence
    Property ID
    US18-5934255
    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.

    Current Use by Public Records

    • Medical offices

    Property Details for 842 Sunset Lk Blvd Ste

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    5,243 SF
    Zone code
    OPI
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    0424-07-1011
    APU
    424071011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,330,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,645,000
      6.5%
      $1,585,000
      7%
      $1,750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,750,000
      Geo Method
      $1,500,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,390,000
      Retail
      $1,425,000
      Mixed-Use
      $1,795,000
      Hospitality
      $1,490,000
      Educational
      $1,760,000
      Residential Income
      $1,710,000
      Energy
      $1,715,000
      Income-Based Land
      $1,800,000
      Food Service
      $1,400,000

    Location Insight

    • Map
    • Local Demand
    City
    Venice
    County
    Sarasota
    State
    Florida
    Longitude
    -82.3903
    Latitude
    27.0835
    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
    $16,492
    $0.00
    $1,288,500
    $1,288,500
    -
    $0.00
    $1,288,500
    $1,288,500

    Comparable in this City

    • Value Estimation by Request
      65 SF

      842 Sunset Lk Blvd Ste, Unit 404

      MEDICAL BUILDING • 65 SF
      842 Sunset Lk Blvd Ste, Venice, FL 34292-7553
      View Details
    • Value Estimation
      $485,000
      4,872 SF

      1299 Jacaranda Blvd, Unit 3A

      MEDICAL BUILDING • 4,872 SF
      1299 Jacaranda Blvd, Venice, FL 34292-4522
      View Details
    • Value Estimation
      $370,000
      1,618 SF

      1500 Venice Ave, Unit 2C

      MEDICAL BUILDING • 1,618 SF
      1500 Venice Ave, Venice, FL 34292-1662
      View Details
    • Value Estimation
      $235,000
      1,956 SF

      1215 Jacaranda Blvd, Unit 1B

      MEDICAL BUILDING • 1,956 SF
      1215 Jacaranda Blvd, Venice, FL 34292-4520
      View Details
    • Value Estimation by Request
      5,308 SF

      836 Sunset Lk Blvd Ste, Unit 101

      MEDICAL BUILDING • 5,308 SF
      836 Sunset Lk Blvd Ste, Venice, FL 34292-7555
      View Details
    • Value Estimation by Request
      5,243 SF

      842 Sunset Lk Blvd Ste, Unit 401

      MEDICAL BUILDING • 5,243 SF
      842 Sunset Lk Blvd Ste, Venice, FL 34292-7553
      View Details

    Similar Nearby for Sale

    • $495,000
      1,320 SF

      Venice Medical Condo For Sale

      Prime Medical Office Condo, Vacant, $495,000
      836 Sunset Lake Blvd, Venice, FL 34292
      View Details
    • $5,000,000
      3.32 Acres

      Venice, FL Senior Housing Development

      Shovel-ready senior housing development project in Venice, Florida.
      V/L Executive Dr, Venice, FL 34292
      View Details
    • $1,750,000
      5,308 SF

      Move-in Ready Medical/Professional Office Space

      5308 SF office space near Sarasota Memorial Hospital.
      842 Sunset Lake Blvd, Venice, FL 34292
      View Details
    • $5,625,000

      Venice Class A Office Building

      17,158 SF Class A office building in Venice, Florida.
      1790 E Venice Ave, Venice, FL 34292
      View Details
    • $550,000
      2,688 SF

      Venice Flex Space For Sale

      Flex space with office and overhead door, easy I-75 access.
      740 Commerce Dr, Venice, FL 34292
      View Details
    • $1,600,000
      Pending

      Venice Land with Redevelopment Potential

      7.3 acre property near I-75, ideal for multifamily redevelopment.
      2327 Ewing Dr, Venice, FL 34292
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,677 SF

      Turnkey Medical Office Space Available

      Furnished medical office space in Lakeside Medical Center.
      836 Sunset Lake Blvd, Venice, FL 34292
      View Details
    • $27 SF/Yr
      18,078 SF

      Prime Venice Medical Office Building

      Class A, 18,078 SF, I-75 Corridor
      435 Commercial Ct, Venice, FL 34292
      View Details
    • $24 SF/Yr
      2,500 SF

      Venice Medical Office Sublease

      Prime Venice location, medical office space available.
      435 Commercial Ct, Venice, FL 34292
      View Details
    • $28 SF/Yr
      8,124 SF

      Prime Venice Office Space Available

      Two suites, 2,652 - 5,472 sq ft, I-75 access
      421 Commercial Ct, Venice, FL 34292
      View Details
    • $21 SF/Yr
      1,550 SF

      Office Condo Unit For Rent

      Office condo with reception, conference room, and multiple work areas.
      375 Commercial Ct, Venice, FL 34292
      View Details
    • $25 SF/Yr
      1,600 SF

      New Retail Center Space Available

      New retail center with drive-thru and patio available for lease.
      2996 Executive Dr, Venice, FL 34292
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    842 Sunset Lk Blvd Ste, Unit 403
    Venice, FL 34292-7553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.