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Description
Venice Island duplex opportunity! Situated on a spacious 1/3-acre corner lot on a quiet street, this 1953 duplex offers an unbeatable location minutes from historic Downtown Venice, shopping, dining, and beautiful Gulf beaches. Each unit features 2 bedrooms, 1 bathroom, and classic terrazzo flooring. A circular pebble driveway, mature oak tree, and generous outdoor space add to the property's Old Florida charm. Currently income-producing, this property offers immediate rental income and positive cash flow for a cash investor, with excellent potential to add value through improvements. The property would benefit from some updates, including a future roof replacement and electrical improvements, presenting an opportunity for an investor to enhance its long-term value. Location, lot size, and income potential make this a compelling Venice Island investment! Offered in parallel with the duplex at 309 Parkside Dr, Venice - see other listing.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Reverse Cycle
Lot Size: 0.33 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $8,519
Year Built: 1953
General Information
Bedrooms: 4
Sqft: 1,567
County: Sarasota
Subdivision: BAYSHORE ESTATES
Listed By:
Rachel Pearson
FINE PROPERTIES
941-782-0000
MLS ID: A4710945
Amenities
Built-in Features
Ceiling Fans(s)
Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Primary Bedroom Main Floor
Garden
Private Entrance
Private Mailbox
Storage
Property Features
Additional Rooms: Storage Rooms
Annual Net Income: 20420.00
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Community Features: Street Lights
Directions: Driving Directions: From US-41, head west on W Venice Avenue. Turn right onto Harbor Drive N, left onto Manatee Court, right onto Narvaezi Street, then right onto Parkside Drive. Property is at the end on the right.
Exterior: Block
Flood Zone Code: X500
Flooring: Ceramic Tile, Concrete, Terrazzo
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: 6-12 Month
Listing Terms: Cash, Conventional
Lot: Corner Lot, In County, Level, Oversized Lot, Paved
Lot Dimensions: 0.33
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Circular Driveway, Common, Driveway, Ground Level, Off Street, Oversized
Parking Notes: Circular Driveway, Common, Driveway, Ground Level, Off
Patio/Porch: Covered, Enclosed, Screened
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Supra Lock Box,24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks, Text List Agent, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Windows: Window Treatments, Wood Frames
Zoning: RMF1
Shown By
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320 Parkside Drive , Venice, FL 34285.
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Estimated Payment
$ 3,000.23 per month $2,108.02 Principal & Interest $709.92 Property Tax $182.29 Homeowner's InsuranceChange Payment Information
About this area
About Venice
Whether you are looking for a place to relocate and raise a family, start a thriving business, or retire with your toes in the sand, you’ll like what Venice has to offer. You can wander streets of pink Renaissance-style buildings or scour the beach for the shark teeth the area is known for. Families will enjoy a top-notch school system, and art fans will appreciate the dynamic theater and art scene. Venice is colorful, vibrant, active, and appealing. Like its population, it fluctuates and changes with each calendar season.
Learn More About Living in Venice, Florida
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