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1531 Tamiami Trl S #8a-8n, Venice, FL – $249,900

  • $250k Price
  • 3,226 Sqft
  • 64 DOM
  • $250k Price
  • 3,226 Sqft
  • 64 DOM

1531 Tamiami Trl S #8a-8n

SOUTHBRIDGE OFFICE CONDO ALREADY OCCUPIED AND GENERATING GREAT INCOME!--This 11 unit office building is nearly fully occupied (getting $400 to $500 per unit for most with one getting $675 and another at $650 the last suite is listed at $400 a month plus tax) and with $25,500k going out out a year in expenses (that's CAM, taxes and $200 a month electricity for both floors combined)and $58k currently coming in with one unit still left to rent out, this investment is at a well over 12% cap rate before renting out the last unit. There is a shared waiting room on the first floor along with a shared kitchenette and restroom. The upstairs restroom has a shower built in as well. There are 6 units downstairs including two salons, a counselor and a real estate company. There is a 100 square foot vacancy on the second floor ready for immediate occupancy. There is a BRAND NEW 2018 ROOF. Water is included in CAM fees.

Essential Information

  • MLS® #A4446180
  • Price$249,900
  • Bathrooms0.00
  • Square Footage3,226
  • Acres0.00
  • Year Built1986
  • TypeCommercial
  • Sub-TypeOffice
  • StatusActive
  • Taxes$4,203
  • Condo Fee$4,707
  • Condo Fee FrequencyQuarterly
  • CDDN

Community Information

  • Address1531 Tamiami Trl S #8a-8n
  • AreaVenice
  • SubdivisionSouth Bridge Park
  • CityVenice
  • CountySarasota County
  • StateFL
  • Zip Code34285


  • UtilitiesPublic
  • ParkingCommon
  • GaragesUnder Building Parking


  • HeatingCentral


Central Air, Mini-Split Unit(s)


  • ExteriorBlock
  • Lot DescriptionNon-Applicable
  • RoofTile
  • FoundationSlab

Pet Information

  • Pets AllowedN

Additional Information

  • Days on Market64

Listing Details

  • OfficeKeller Williams Realty Gold
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Keller Williams Realty Gold.

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on November 19th, 2019 at 6:15pm EST.