127 Tampa AveVenice, FL 34285

This exceptional investment opportunity presents Murano Plaza, a mixed-use property located at 127 Tampa Ave E, Venice, FL 34285. The property encompasses 7,997 square feet on a 22,000 square foot lot and features two buildings: a two-story structure with four apartment units and a one-story building housing ten retail units (three currently combined). Built in 1982 and renovated in 2000, the Class B property boasts 30 parking spaces and is zoned CI - Commercial Intensive. The asking price is $1,850,000, representing a price per square foot of $231.34 and a 6.00% cap rate. The fourteen units are offered as a fee simple ownership. Situated in Historic Downtown Venice, this prime location is surrounded by retail, dining, and entertainment, benefiting from a strong consumer base within a five-mile radius. This area projects a population of 77,250 with an average household income of $105,172, indicating substantial purchasing power. This property offers significant potential for high returns in a highly desirable location. The Sarasota County APN is 0407140023.