12165 Mercado Dr, Venice, FL 34293 Property Records

Sarasota County property record for 12165 Mercado Dr, Venice, FL 34293

Property Summary

Property Type	Regional Shopping Center, Mall
Details	86,448 sqft · built 2019
Lot Size	11.1 acres (485,868 sqft)
Owner	Company Name on File
Last Sale	$28,450,000 (Apr 2021)
Tax Bill	$277,286 (2025)
Deeds & Mortgages	Mar 2026 Assignment Apr 2022 Sale + 1 more
Flood Zone	Zone AE (high risk)
APN	`0783-08-0070`

Property Details

APN / Parcel Number

Primary APN	`0783-08-0070`

Interior

Stories	2 Stories
Building Area	86,448 sqft Gross Area
1st Floor Area	86,448 sqft
Flooring	Terrazzo
Interior Walls	Wallboard/Drywall
Elevator	Elevator

Exterior

Year Built	Built 2019
Effective Year Built	Effective 2019
Exterior Material	Stucco
Construction Type	Masonry / Concrete Block
Roof Type	Shed Roof
Roof Material	Other
Lot Area	485,868 sqft (11.1 acres)
View / Lot	Mainland
Garage Area	350 sqft

Exterior Amenities

Porch	Open Porch
Porch Area	2,739 sqft
Canopy	1,356 sqft
Loading Dock	2,288 sqft
Total Buildings	6 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Account Number	0783080070
Street Address	12165 MERCADO DR
City	VENICE
State	FL
Zip	34293-1147
Property Category	Commercial
Property Type	Commercial > Retail > Regional Shopping Center, Mall
Local Zoning Code	V
Legal Description	LOT 7, WEST VILLAGES MARKETPLACE, PB 53 PG 140-145
Legal Range	20E
Legal Township	39S
Legal Section	32
Legal Subdivision	WEST VILLAGES MARKETPLACE
Legal Lot Number	7
Jurisdiction	SARASOTA FL
Township / Civil Division	VENICE
Census Block Group	1
Census Block	1007
Census Tract	2731

Owner

12165 Mercado Dr, a commercial property, is owned by a company that bought it in April 2021.

Source: Sarasota County records, as of April 21, 2026

Owner of Record	Company Name on File
Mailing Address	5355 TOWN CENTER RD, 430, BOCA RATON, FL 33486-1005
Owner Type	Company
Vesting	Limited Liability Company

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Mar 24, 2026	Assignment of Lease, Transfer ATTORNEY ONLY, ATTORNEY
Apr 4, 2022	Special Warranty Deed, Transfer ATTORNEY ONLY, ATTORNEY
Apr 30, 2021	Special Warranty Deed, Transfer INVESTORS BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Apr 30, 2021 · Amount on File
Deed Sale	Apr 30, 2021 · Amount on File
Deed Document Number	202179785
Record Updated	Jun 8, 2026

March 2026: Assignment of Lease, Transfer

Document Type	Assignment of Lease
Jurisdiction	SARASOTA FL
Recording Date	Mar 24, 2026
Property Address	12165 MERCADO DR, VENICE, FL 34293-1147
Document Number	0000037721
Map Reference	MB 53 PG 140-145
Instrument Date	Aug 18, 2025
Instrument	2026037721
Transaction Type	Transfer
Record Updated	Apr 2, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5355 TOWN CENTER RD # RD430, RD430, BOCA RATON, FL 33486-1005

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	3300 PUBLIX CORPORATE PKWY, LAKELAND, FL 33811-3311
Investor	Possibly a Property Investor

April 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	SARASOTA FL
Recording Date	Apr 4, 2022
Property Address	12165 MERCADO DR, VENICE, FL 34293-1147
Document Number	0000055892
Map Reference	MB 53 PG 140
Instrument Date	Apr 1, 2022
Instrument	2022055892
Transaction Type	Transfer
Record Updated	Apr 2, 2026
Title Company	ATTORNEY ONLY, ATTORNEY

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Limited Transfer Tax Data
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	254 KATONAH AVE, KATONAH, NY 10536-2171

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	254 KATONAH AVE, KATONAH, NY 10536-2171

April 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	SARASOTA FL
Recording Date	Apr 30, 2021
Property Address	12165 MERCADO DR, VENICE, FL 34293-1147
Document Number	0000079785
Map Reference	MB 53 PG 140
Instrument Date	Apr 28, 2021
Instrument	2021079785
Transaction Type	Transfer
Record Updated	Apr 2, 2026
Title Company	ATTORNEY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Limited Transfer Tax Data
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	5858 CENTRAL AVE, ST PETERSBURG, FL 33707-1720

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	254 KATONAH AVE, KATONAH, NY 10536-2171

Mortgage

Document Number	0000079788
Date	Apr 30, 2021
Instrument	2021079788

Lender

Name	INVESTORS BANK
Type	Bank
Address	SHORT HILLS, NJ 07078

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 12165 Mercado Dr was $277,286, up 17.9% from the year before.

Source: Sarasota County assessment roll, as of December 10, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Sarasota County
Municipality	North Port City
Unified School District	Sarasota County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$277,286.00 (+17.92%)	$18,605,550	$19,798,200 Land $4,114,200 Building $15,684,000
2024	$235,152.00 (-18.61%)
2023	$288,908.00 (-25%)	$18,242,100 (-23.15%) Land $4,302,200 Building $13,939,900	$18,242,100 (-23.15%) Land $4,302,200 Building $13,939,900
2022	$385,191.00	$23,736,500 Land $3,604,100 Building $20,132,400	$23,736,500 Land $3,604,100 Building $20,132,400

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 12165 Mercado Dr in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

Source: FEMA National Flood Hazard Layer, effective September 3, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AE high risk
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	8.0 ft
Coastal	Yes
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on File median of 722 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	722 in force
Nearby Flood Claims	46 (2022–2024)
Claims Outside the SFHA	13 of 46
Most Recent Claim	Oct 2024 · Hurricane Milton
Claims by Event	Hurricane Helene, Sep 2024 · 9 claims Hurricane Ian, Sep 2022 · 7 claims Hurricane Ian, Sep 2022 · 13 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 12165 Mercado Dr is high, ranking above 80% of the US, with a 0.5% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	High above 80% of the US · above 70% of Florida
Wildfire Likelihood	0.5% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NORTH PORT UTILITIES serves 61,163 people · EPA ID FL6580651
Water Source	Surface water
Last State Inspection	Sep 2025
Also Mapped Here	SARASOTA CO SPECIAL UTIL DIST
Lead	3 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 48 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable · Fiber in parts of the area	1,200 / 35

May also be available: BridgeMAXX Suncoast Broadband, T-Mobile, Verizon.

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