716 GROVELAND AVENUE
Venice, FL 34285
2951 sqft | 5 beds | 6 baths | 0.34 acres | #N6135798
Description
Incredible Investment Opportunity, Over $60,000 In Rental Income In 2024. This unique property consists of a beautiful, Turnkey furnished main house and a 795 square foot guest house that is used for additional income. Over $70,000 in improvements have been made since 2022. The main house has 3 bedrooms, 4 bathrooms, a heated pool and spa, has been repiped in 2022, brand new hot water heater, a custom remodeled master bathroom, and freshly painted interior and wood beam rewraps. Currently being used as a seasonal rental with over a 70 percent occupancy rate. The guest house has a brand new roof, brand new A/C system, and 2 full bedrooms and bathrooms. just installed this year. Currently rented with a yearly lease with a $1,600 monthly rate, the lease does have a 60 day cancellation policy if the new owner doesn’t want to keep the tenant. Situated on an oversized lot, over a third of an acre, fully fenced in and located just minutes to Venice Island. The location cannot be more perfect. No HOA, No CDD. Rental history and income information is available upon request. Property is rented for the 2025 season and leases must be honored, great rental income right from the start. Call today for any additional information or to schedule your private showing.
Property Details
- InteriorCeiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counter
- Utility FeaturesCable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
- Lot DescriptionCity Limits, Oversized Lot
- Exterior MaterialsDog Run, Sidewalk, Storage
- Middle SchoolStudent Leadership Academy
- Property SubtypeSingle Family Residence
- SubdivisionVENICE EDGEWOOD SEC OF
- High SchoolVenice Senior High
- Elementary SchoolGarden Elementary
- Sewer InformationPublic Sewer
- FoundationCrawlspace
- Property TypePurchase
- CountySarasota
- Original List Price$695,000
- MLS #N6135798
- MLS #N6135798
- Utility SourcePublic
- Taxes Annual$7,713
- Cost695000
- Acres0.34
- Square Feet2951
- Year Built1925
- Pets AllowedYes
- Days on Market (Cumulative)14
- Bedrooms5
- Bathrooms6
- Full Baths6
- Stories1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Dwight A. McDonald
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Anthony Capotosto (#MFR284510773)
Listing Office: WILLIAM RAVEIS REAL ESTATE (#MFR281541694)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.