$750,000
$785,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,852 SqFt
SOLD DATE : 12/12/2023
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,852 sqft
Price per Sqft $404
Subdivision Bayshore Estates
MLS Listing ID N6128799
Sold Date 12/12/23
Bedrooms 4
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $10,234
Lot Size 0.330 Acres
Acres 0.33
Property Description
Are you ready to make your Island-living dreams a reality? This exceptional Duplex on Venice Island offers the ultimate blend of comfort, convenience, and investment potential. Don't let this one-of-a-kind property slip away! Embrace the Venice Island lifestyle, just a short stroll from the enchanting Venice Beach and the bustling downtown area. Your favorite restaurants, shops, and entertainment venues are right at your doorstep. Whether you're an investor or seeking a way to boost your income, this property delivers. You can rent out both units annually or seasonally to maximize your returns. Or, live in one unit while reaping the steady income produced by the other. The list of upgrades includes a new roof in 2010, a hot water heater replaced in 2017, and HVAC changes in both 2014 and 2019. Both units shine with modern enhancements and sparkling cleanliness. Each unit boasts private laundry rooms, enclosed lanais, carports, and a spacious backyard with plenty of room for a pool. Your outdoor dreams become a reality here! Golf enthusiasts will delight in the proximity to the Lake Venice Golf Course, and public launch docks make it easy to embark on aquatic adventures. This property has consistently attracted tenants since the current owner's purchase and has never been owner-occupied. With impressive leasing rates of $3,750 for seasonal tenants and $2,200 for annual tenants, the income potential is substantial. This Venice Island Duplex is a rare find, offering an opportunity to own a slice of paradise with lucrative potential. Whether you seek an investment property, a new family home, or a blend of both, this duplex is ready to exceed your expectations. Act swiftly to secure your piece of island living at its finest!
Location
State FL
County Sarasota
Community Bayshore Estates
Zoning RMF1
Rooms
Other Rooms Florida Room, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Thermostat
Heating Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Laundry In Garage, Laundry Room
Exterior
Exterior Feature Private Mailbox, Rain Gutters, Sidewalk, Storage
Garage Covered, Driveway, Golf Cart Parking, Ground Level, On Street
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Porch Front Porch, Rear Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Sidewalk
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Venice Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Pets Allowed Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, VA Loan
Num of Pet 10+
Special Listing Condition None
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