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
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
Venice, FL 34285,1531 TAMIAMI TRL S #8A-8N
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$249,900

$249,900

Est.Price: ?

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Est. payment /mo

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

Parking Features Common

Utilities Available Public

Roof Type Tile

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

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Stellar MLS
Listed by KELLER WILLIAMS REALTY GOLD
Bought with KELLER WILLIAMS CLASSIC GROUP
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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(904) 874-2066

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1637 Racetrack Rd # 100, Johns, FL, 32259, United States

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