Donna Hodges

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Listing provided courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATEas Distributed by MLSGrid- MLS# MFRC7527688MLS Provider

241 NOKOMIS AVENUE SVENICE, FL 34285

Commercial · 4,332 Sq. ft. | 0.32 Acres
$1,599,000 Active

241 NOKOMIS AVENUE S Overview

Time on Site:
5 days
Visits:
0

**Investment Opportunity – Fully Leased Medical Office Building on Venice Island** Exceptional opportunity to acquire a freestanding, triple NNN leased medical office building in the heart of the Venice Island business district. Offering a 7.6% cap rate**, this 4,332 SF building sits on a 14,000 SF lot with 18+ dedicated parking spaces and is fully leased to established medical practitioners, providing stable, long-term income. Strategically positioned near downtown Venice with excellent visibility and strong local traffic counts, this property is located in one of Southwest Florida's most desirable coastal markets. The building features a handicapped-accessible entrance, waiting room, billing office, and multiple exam rooms designed for efficient medical operations. Additional highlights include ST-1 zoning, a new roof installed in 2024, and a highly sought-after Venice Island location convenient to businesses, restaurants, healthcare services, and area amenities. A rare opportunity for investors seeking dependable cash flow, quality medical tenancy, and long-term appreciation potential in a premier Florida market.

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241 NOKOMIS AVENUE S Facts & Features

  • Type Commercial
  • Sq. ft. 4,332
  • Price/Sq.ft. $369
  • Lot 0.32 Acres

Details

General

Income/Expenses

  • Gross Income: 126196
  • Gross Scheduled Income: 126196
  • Net Operating Income: 126196

Building Information

  • New Construction: No
  • Year Built: 1968

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34285 - Venice
  • Subdivision Name: VENICE GULF VIEW SEC OF
  • Township: 39

Tax Information

  • Tax Annual Amount: 15388
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Commercial Financing
  • Ownership: Fee Simple
  • Parcel Number: 0408060080
  • Property Sub Type: Medical Office
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 4610
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: Accessible Approach with Ramp,Accessible Entrance,Visitor Bathroom,Accessible Hallway(s)
  • Building Features: Bathrooms
  • Cooling: Central Air
  • Foundation Details: Slab
  • Heating: Central
  • Levels: One
  • Living Area: 4332
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Stories Total: 1

Exterior

Parking Information

  • Parking Features: Deeded

Lot Information

  • Additional Parcels: No
  • Lot Features: Other
  • Lot Size Acres: 0.32
  • Lot Size Dimensions: 100x140
  • Lot Size Square Feet: 14000
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Direction Faces: West
  • Roof: Membrane

General Information

  • Road Frontage Type: Business District,City Street
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable

241 NOKOMIS AVENUE S Neighborhood

Community

34285 (VENICE) Demographics

70
Median Age
1,832
Population Density (per sq. mile)
46%
College Educated
$56,234
Estimated Median Income
7,786
Estimated Total Home Owners
2,046
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

241 NOKOMIS AVENUE S Monthly Cost

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$ %
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$
$
Meredith Medvec
Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

241 NOKOMIS AVENUE S Market Data

Based on the last 30 days in this zip code

$495,683
Average List Price
$379
Average Price per Square Foot
29
Properties Sold
147
Average Days on Market
350
Properties for Sale
Calculations provided by Reliance Network

241 NOKOMIS AVENUE S History

Date Event Value Agent
6/25/2026Source: My Florida Regional MLS Added to Database
June 25, 2026