Office Space - For Sale
1101 South Tamiami Trail Venice, FL 34285
Details & Description
Price: $2,999,000
  • Property Type Office for Sale : Medical
  • Lot Size Acres 3.580
  • Building Sq Ft 29,446
  • Building Price per Sq Ft $101.85
  • Land Sq Ft 157,251
  • Land Price per Sq Ft $19.07
Fountain Professional/Medical Office Building is a Class C office, owner user/investment opportunity located in Venice, Florida.  The property consist of a two-story building located on 3.61 acres of land with plenty of surrounding parking. The building was constructed in 1986 with concrete block and features a stand alone elevator with windows in front of a fountain.  The building usable size is 29,446 sf with 12 units ranging from 745 sq.ft  to 6,907  sq.ft in size. The owner user and/or investor has the ability to re develop the property to a retail use capitalizing on the gross square footage of 38,286 sf increasing the potential income stream. Build to suit could be an option. The purchase includes a .61 Acres of vacant land on the Northwest corner of the property. The property is situated across Village from the Isles - 100 million expansion project housing 400 residence and 280 support staff, completed in 2019. Just 1 mile North from Venice Regional Medical Center, across the street from the Venice Municipal Airport. Easy access on South Tamiami Trail with 171 parking spaces, includes 8 ADA parking spaces. Fountain Professional Office represents an investment opportunity in a high-growth submarket with flexible ownership structure to operate as an Owner/User or re-develop for a stabilize up and coming investment.
Listing Agents
Daniel Nelson

M: 813-323-3353
daniel@remaxcommercialrealty.net
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1101 South Tamiami Trail

Venice, FL 34285

Listing ID: 301096
$2,999,000
For Sale
  • Property Type Office for Sale : Medical
  • Lot Size Acres 3.580
  • Building Sq Ft 29,446
  • Building Price per Sq Ft $101.85
  • Land Sq Ft 157,251
  • Land Price per Sq Ft $19.07
1101 South Tamiami Trail Venice, FL 34285 | for Sale | Photo 1
Description

Fountain Professional/Medical Office Building is a Class C office, owner user/investment opportunity located in Venice, Florida.  The property consist of a two-story building located on 3.61 acres of land with plenty of surrounding parking. The building was constructed in 1986 with concrete block and features a stand alone elevator with windows in front of a fountain.  The building usable size is 29,446 sf with 12 units ranging from 745 sq.ft  to 6,907  sq.ft in size. The owner user and/or investor has the ability to re develop the property to a retail use capitalizing on the gross square footage of 38,286 sf increasing the potential income stream. Build to suit could be an option. The purchase includes a .61 Acres of vacant land on the Northwest corner of the property. The property is situated across Village from the Isles - 100 million expansion project housing 400 residence and 280 support staff, completed in 2019. Just 1 mile North from Venice Regional Medical Center, across the street from the Venice Municipal Airport. Easy access on South Tamiami Trail with 171 parking spaces, includes 8 ADA parking spaces. Fountain Professional Office represents an investment opportunity in a high-growth submarket with flexible ownership structure to operate as an Owner/User or re-develop for a stabilize up and coming investment.

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Venice Area Market Trends

Listing Demographics for 1101 South Tamiami Trail Venice, FL 34285

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,67942,60279,130
Population Median Age615857
Population by Age0-9 Yrs164 (3%)1626 (3%)4048 (5%)
10-19 Yrs193 (4%)2523 (5%)4940 (6%)
20-29 Yrs273 (5%)2434 (5%)4448 (5%)
30-39 Yrs200 (4%)2270 (5%)4618 (5%)
40-49 Yrs343 (7%)3160 (7%)6008 (7%)
50-59 Yrs478 (10%)5496 (12%)9834 (12%)
60-69 Yrs820 (17%)8762 (20%)16320 (20%)
70+ Yrs2208 (47%)16330 (38%)28915 (36%)
Median HH Income$51,406$57,857$62,509
Total Household Income< 24K524 (21%)3965 (18%)6189 (15%)
25-49K686 (27%)5336 (24%)9309 (23%)
50-74K449 (18%)4283 (19%)7640 (19%)
75-99K308 (12%)2710 (12%)5433 (13%)
100-199K436 (17%)3818 (17%)7792 (19%)
200K+81 (3%)1483 (6%)2653 (6%)
Highest Education LevelNo Diploma21118873585
Diploma or GED17171120419365
Some College748749214020
Assoc. Degree28835626451
Bachelors Degree672751014183
Higher Degree514546210222
Total Housing Units3,63929,63851,275
--Owner-Occupied1,93216,95331,935
--Renter-Occupied5514,6427,080
Owner-Occupied Values< 100K33621893553
100-199K74545817479
200-299K31946428809
300-399K24522496073
400-499K17212232662
500K+11520693359
Total Working Age Population4,40339,67072,507
In Work Force1,60216,25129,675
Not In Work Force2,80223,41942,832
Workforce Employed1,46515,68428,660
Workforce Unemployed1365681,015
Civlian Workforce1,60216,25129,675
Military Workforce000
Total Households2,48421,59539,015
Family Households1,16711,92523,146
Non-Family Households1,3169,67015,869
Married Couple93610,22120,060
Other Family2311,7043,087
Married w/Child1021,1372,756
Single Male w/Child20181388
Single Female w/Child35472763

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
Sarasota County325,957+16379,448+14431,147+12484,314

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Sarasota Bradenton International Airport (SRQ) 23
Southwest Florida International Airport (RSW) 56
Tampa International Airport (TPA) 62