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420 Tamiami Trl S 25,355 SF 100% Leased Office Building Venice, FL 34285 $3,300,000 ($130.15/SF)
Executive Summary
420 S. Tamiami Trail presents a unique owner-user, investment, or redevelopment opportunity on Venice Island. The three-story, elevator-served professional/medical office building is situated on approximately 0.80 acres with prominent frontage along Tamiami Trail (Business US-41). The property is currently vacant, providing a purchaser with flexibility for immediate repositioning, renovation, or adaptive reuse.
Strong redevelopment potential being located near Downtown Venice, medical services, retail, restaurants, Venice Beach, and Venice Municipal Airport, the property benefits from strong visibility and convenient access. ST2A zoning allows for a variety of potential uses, subject to applicable City of Venice approvals.
The property offers an opportunity for an investor or owner-user to acquire a substantial freestanding building in the highly desirable Venice Island market. Property is being offered for sale in its current condition.
Strong redevelopment potential being located near Downtown Venice, medical services, retail, restaurants, Venice Beach, and Venice Municipal Airport, the property benefits from strong visibility and convenient access. ST2A zoning allows for a variety of potential uses, subject to applicable City of Venice approvals.
The property offers an opportunity for an investor or owner-user to acquire a substantial freestanding building in the highly desirable Venice Island market. Property is being offered for sale in its current condition.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Medical
Building Size
25,355 SF
Building Class
B
Year Built/Renovated
1985/1990
Price
$3,300,000
Price Per SF
$130.15
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,452 SF
Slab To Slab
10’
Building FAR
0.73
Lot Size
0.80 AC
Zoning
ST2A - ST2A - South Trail Subarea 2 allows a multitude of uses.
Parking
66 Spaces (2.6 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 0429-03-0014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,733,060 |
Property Taxes
Parcel Number
0429-03-0014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,733,060
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