Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
See all 25 photos
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N

$249,900

Est. payment /mo

$249,900

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1531 TAMIAMI TRL S #8A-8N Venice, FL 34285

3,226 SqFt

SOLD DATE : 01/02/2020

Key Details

Sold Price $249,900

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,226 sqft

Price per Sqft $77

Subdivision South Bridge Park

MLS Listing ID A4446180

Sold Date 01/02/20

Condo Fees $4,707

Construction Status Pending 3rd Party Appro

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,203

Property Description

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.

Location

State FL

County Sarasota

Community South Bridge Park

Direction S

Interior

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Exterior

Garage Common

Utilities Available Public

Waterfront false

Roof Type Tile

Parking Type Common

Building

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Structure Type Block

New Construction false

Construction Status Pending 3rd Party Appro

Others

Ownership Sole Proprietor

Monthly Total Fees $1, 569

Special Listing Condition None

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Stellar MLS
Listed by KELLER WILLIAMS REALTY GOLD
Bought with KELLER WILLIAMS CLASSIC GROUP

Edward Gibbs

Agent | License ID: 3499381

+1(813) 785-4002

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.