• Listing status icon

    $2,650,000

  • Active | MLS#: A4162557
  • 23,905Sq Ft

312 E VENICE AVE VENICE, FL 34285

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Overview

Strong cash flowing investment waiting for new owner! A mixture of warehouse and office units make up the 59 unit rental investment. Got a void? Then only get a +/-2% drop in occupancy! Average occupancy 95%+. Buildings have been well cared for: Repainted 2012 New roof 2013 Air Conditioning units - 6 of 7 less than 4 years old City water and sewer Income flowing is $278k, expenses (INC tax, insurance, repairs and on-site management) $59k leads to NOI of $219k or 8.26% cap rate! Full details available subject to completion of NDA. All information regarding the property, including but not limited to financial information and projections (e.g., cap rates and valuations) are based on information from a variety of sources including but not limited to public records and owner-provided data. While information is believed accurate, neither the listing agent or broker make any representation or warranty as to its completeness, and you should not rely upon it without conducting your own due diligence and investigation to determine whether the property meets your criteria and is a suitable investment. Past results are not necessarily indicative of future performance. Owner-provided financial information will be available for review upon execution of a confidentiality agreement.

Listing provided courtesy of: RE/MAX Alliance Group

General Features

  • Property Style Five or More
  • Year Built 1956
  • Township 39
  • Taxes 13875
  • Tax Year 2015
  • MLS Area Major Venice
  • Housing For Older Persons N/A
  • Financial Source Owner
  • Financing Available Assumable - Must Qualify
  • County Or Parish Sarasota

Building Features

  • Air Conditioning Zoned/Multiple
  • Heatingand Fuel Other
  • Garage Features Open Parking
  • Sq Ft Heated 23,905
  • Total Number Buildings 59
  • Roof Other

Property Features

  • Total Acreage One + to Two Acres
  • Lot Size Acres 1.29
  • Lot Size Sq Ft 56198
  • Lot Num 1
  • Location Highway Frontage
  • Lot Dimensions irregular
  • Exterior Construction Block
  • Exterior Features Other
  • Utilities City Water

Schools

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Price & Status History

Days on Market

  • This property has been listed on the market for 216 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 34285 (VENICE)

  • Housing Occupancy

    Home Owners
    7,750
    44%
    Renters
    1,566
    9%
    Vacant
    8,381
    47%
    Total Housing Units
    17,697
  • Households

    Average Household Size
    1.73
    Housing Density (People per square mile)
    2,013

Age Range (number of people)

Age 0-14
1,067
Age 15-24
581
Age 25-39
1,230
Age 40-59
2,451
Age 60-79
4,841
Age 80+
6,395
Total
16,565

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 34285 (VENICE)

Public Schools in Zip Code 34285 (VENICE)

* This list of schools may not match the property above.

  • VENICE SENIOR HIGH SCHOOL
    1 INDIAN AVE VENICE, FL 34285
    Phone: 9414886726
    9th-12th
  • Grade Size Distribution
    • 9th
    • 568
    • 10th
    • 515
    • 11th
    • 458
    • 12th
    • 476
    • Teachers: 108
    • Students per Teacher: 18.7
    • Students: 2017
    • Male/Female: 984/992
    • District: SARASOTA, 1960 LANDINGS BLVD SARASOTA, FL 34231
    • Phone: 9419279000
    • Schools: 67
    • Full-Time Teachers: 2683
    • Students per Teacher: 15.3
    • Staff: 5408
    • Students: 41070
  • GULF COAST MARINE INSTITUTE
    220 BAHAMA ST VENICE, FL 34285
    Phone: 9412442046
    6th-12th
  • Grade Size Distribution
    • 6th
    • 1
    • 7th
    • 2
    • 8th
    • 8
    • 9th
    • 26
    • 10th
    • 11
    • 11th
    • 5
    • 12th
    • 5
    • Teachers: 3
    • Students per Teacher: 19.3
    • Students: 58
    • Male/Female: 46/12
    • District: SARASOTA, 1960 LANDINGS BLVD SARASOTA, FL 34231
    • Phone: 9419279000
    • Schools: 67
    • Full-Time Teachers: 2683
    • Students per Teacher: 15.3
    • Staff: 5408
    • Students: 41070
  • STUDENT LEADERSHIP ACADEMY
    200 FIELD AVE EAST VENICE, FL 34285
    Phone: 9414855551
    6th-8th
  • Grade Size Distribution
    • 6th
    • 99
    • 7th
    • 92
    • 8th
    • 86
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 277
    • Male/Female: 134/132
    • District: SARASOTA, 1960 LANDINGS BLVD SARASOTA, FL 34231
    • Phone: 9419279000
    • Schools: 67
    • Full-Time Teachers: 2683
    • Students per Teacher: 15.3
    • Staff: 5408
    • Students: 41070
  • GARDEN ELEMENTARY SCHOOL
    700 CENTER RD VENICE, FL 34285
    Phone: 9414862110
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 4
    • Knd
    • 104
    • 1st
    • 92
    • 2nd
    • 117
    • 3rd
    • 99
    • 4th
    • 103
    • 5th
    • 99
    • Teachers: 41
    • Students per Teacher: 15.1
    • Students: 618
    • Male/Female: 294/294
    • District: SARASOTA, 1960 LANDINGS BLVD SARASOTA, FL 34231
    • Phone: 9419279000
    • Schools: 67
    • Full-Time Teachers: 2683
    • Students per Teacher: 15.3
    • Staff: 5408
    • Students: 41070
  • VENICE ELEMENTARY SCHOOL
    150 EAST MIAMI AVE VENICE, FL 34285
    Phone: 9414862111
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 12
    • Knd
    • 114
    • 1st
    • 100
    • 2nd
    • 116
    • 3rd
    • 107
    • 4th
    • 125
    • 5th
    • 107
    • Teachers: 51
    • Students per Teacher: 13.4
    • Students: 681
    • Male/Female: 330/321
    • District: SARASOTA, 1960 LANDINGS BLVD SARASOTA, FL 34231
    • Phone: 9419279000
    • Schools: 67
    • Full-Time Teachers: 2683
    • Students per Teacher: 15.3
    • Staff: 5408
    • Students: 41070
  • Private Schools in Zip Code 34285 (VENICE)

    * This list of schools may not match the property above.

    • Epiphany Cathedral School
      316 Sarasota St. Venice, FL 34285
      Phone: 9414882215
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 59
      • Knd
      • 34
      • 1st
      • 35
      • 2nd
      • 39
      • 3rd
      • 40
      • 4th
      • 42
      • 5th
      • 35
      • 6th
      • 43
      • 7th
      • 37
      • 8th
      • 43
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 407

    * School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 3/26/2017 3:39 PM PST.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.



* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional