1531 Tamiami Trail S Unit 8A-8N, Venice, FL 34285

$249,900
3,226
SqFt
List Price
$249,900
Status
Active
Days on Market
29
MLS#
A4446180
Property Style
Office
Year Built
1986
Living Area
3,226
Total Acreage
Non-Applicable
Monthly Condo Fee
1569
Legal Subdivision Name
South Bridge Park
MLS Area Major
Venice

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 the last 400 sq ft unit is listed at $800 a month plus tax) and with $24k going out out a year in expenses and $54k currently coming in with one unit still left to rent out, this investment is at a strong 10+% 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 a salon and a real estate company. There is a 400 square foot vacancy on the second floor ready for immediate occupancy. There is a BRAND NEW 2018 ROOF. Water is included in CAM fees.

Additional Information

Taxes Annual
$4203
Condo Fees
$4707
Condo Fees Term
Quarterly
Community Features
No Deed Restriction
Utilities
Public
Heating
Central
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block
Roof
Tile
Foundation
Slab
Pool
No Pool
Garage Features
Common
Flood Zone Code
X
Parcel ID
0433031306
Legal Description
UNITS 8K, 8L, 8M & 8N, BLDG G, PHASE 2, SOUTH BRIDGE PARK NO 4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of KELLER WILLIAMS REALTY GOLD.

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