Property Attributes
- MLS#A4705191
- TypeSingle Family
- Listing Status Active
- CountySarasota
- CityVENICE
- AreaVenice
- NeighborhoodSOUTH VENICE
- Zip34293
- StyleSingle Family Residence
- Year Built1991
- Taxes$ 2623
- Price$ 400,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage997
- Lot Size0.37 Acres
Data Source:
Stellar MLS
Property Description
BUY FOR $240,000 WITH ASSUMABLE 2.75 RATE INTEREST MORTGAGE (23+ YEARS) ASSUMABLE 2.75 RATE INTEREST MORTGAGE | DUAL-LOT BUILD/HOLD/FLIP | SOUTH VENICE THE FINANCING: $160,000 assumable mortgage at 2.75 rate interest with 23+ years remaining (lender-verified). At $400,000 purchase price, buyer invests $240,000 down and assumes existing note at 2.75 rate interest—significantly below current conventional rates. Lender approval and assumption fee required. Second buildable lot requires refinance to separate; assumable will not allow the separation of the vacant ready to build lot; valued $90–95K, recent 8,000 sqft comparables. INVESTOR CASE: Area rents $2,100–$2,800/month. Includes boat/RV/trailer storage, off-street parking, utilities (electric only), and annual private beach passes. THE PROPERTY: Two merged 8,000 SF parcels (16,000 SF total, one legal description). Deeded community beach via ferry (1,000 ft away). Optional $200/year pass for ferry and private boat launch access. Optional community center membership. Free water and septic service on house lot. THE LAND: Second 8,000 SF lot is fully buildable and zoned for development. Approved for single-family residential. Separates and sells independently if financed and not assumed loan; represents capital recovery path or expansion/hold opportunity. No deed restrictions. THE HOUSE: Fully updated 2–3-bedroom, 2 bath: entire house, all interior rooms under roof with A/C, 1,390 sf. Kitchen: Entire kitchen redone. Granite counters, 18 custom cabinets, under-cabinet LED, recessed lighting. Appliances (avg. 2.5 years): beverage cooler, refrigerator, air fryer/convection oven, slim-profile microwave, dishwasher. Counter seating. Reverse osmosis water treatment (2 years old). Stainless steel euro sink, commercial faucet wand and racks. Flooring & Structure: Engineered hardwood throughout (recently replaced). Roof 7.5 years. A/C system with new compressor (August 2026). 4-season porch with new split A/C unit. Bedrooms & Living: Master with walk-in closet. Garage converted to third bedroom. Flex room/office/living space with barn door privacy. Remote ceiling fans. Recessed TV with ambient backlighting. 5-foot electric fireplace. Opens to counter dining kitchen. Finishes: all windows plantation shutters (exterior). All LED lighting with remote controls. Security lighting (front). New laundry room with washer/dryer and counter. Two new closets added in laundry and bedroom. Outdoor: 16×16 patio. Gated fenced backyard. 10×12 storage shed (to be roofed). Landscaping includes lemon tree and native beach plantings (bougainvillea, beach grass). Easy-care property. Utilities: Free water (well). Free septic. Electric only. New A/C condenser (August 2026). Split A/C for 4-season porch. 2-year-old whole-house eco water treatment system. Flood Zone: AE, bordering X500. Zero documented flood or storm damage history. LOCATION: Intracoastal Waterway proximity and access. Deeded beach and boat launch. Downtown Venice, 5 public beaches, shopping, dining. Sarasota (SRQ) and Punta Gorda (PGD) airports. Medical, commercial, hardware retailers, and municipal services minutes away.
| Elementary School | Middle School | High School |
|---|---|---|
| Taylor Ranch Elementary Elementary School | Venice Area Middle Middle School | Venice Senior High High School |
| Price History | |
|---|---|
| 9/5/2026 | Listed $400,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Utilities | Cable Available,Electricity Connected,Phone Available,Water Connected |
| Possession | Negotiable |
| Roof | Shingle |
| Appliances | Bar Fridge,Convection Oven,Dishwasher,Dryer,Electric Water Heater,Kitchen Reverse Osmosis System,Microwave,Refrigerator,Washer |
| Zoning | RSF3 |
| Association Fee Includes | None |
| Security Features | Security Lights,Smoke Detector(s),Touchless Entry |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 1991 |
| View | Trees/Woods |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Waterfront Features | Gulf/Ocean Front |
| Community Features | Dock,Fishing,Gulf/Ocean Front,Intracoastal Waterway,Private Boat Ramp,Water Access,Association Recreation - Owned,Deed Restrictions,Golf Carts OK,Park,Playground,Tennis Court(s) |
| Accessibility | Grip-Accessible Features |
| County | Sarasota |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Park,Pickleball Court(s),Playground |
| Subdivision Name | SOUTH VENICE |
| Facing Direction | South |
| Garage Y/N | false |
| Other Structures | Shed(s) |
| Total Rooms | 9 |
| Full Baths | 2 |
| Status | Active |
| Directions | rt41 to Aligator road, accross from diner, head west left on shamrock, quick right on lemon bay dr, left on Egret right on Falcon and right on Jupiter rd. down on right house witth vacant lot on left |
| High School | Venice Senior High |
| City | VENICE |
| Body of Water | GULF OF AMERICA |
| Senior Community Y/N | false |
| MLS Area | 34293 - Venice |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 16000 |
| Carport Y/N | false |
| Listing Terms | Assumable |
| Elementary School | Taylor Ranch Elementary |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 2623.35 |
| Home Warranty Y/N | false |
| Middle/Junior High School | Venice Area Middle |
| Property Condition | Completed |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4705191 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Lot | 5127 |
| Legal Description | LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20 |
| Minimum Lease | 1 Month |
| Water Access Y/N | false |
| Additional Rooms | Bonus Room,Florida Room |
| Water View Y/N | false |
| Flood Zone Code | AE |
| In Law Suite YN | false |
| DockY/N | false |
Interior Features
| Interior Amenities | Accessibility Features,Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Thermostat,Vaulted Ceiling(s),Walk-In Closet(s),Window Treatments |
|---|---|
| Flooring | Luxury Vinyl,Tile,Vinyl |
| Furnished Y/N | Unfurnished |
| Fireplace Features | Electric,Living Room |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Shutters,Thermal Windows |
| Fireplace Y/N | true |
| Laundry Features | Corridor Access,Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup |
| Total Bedrooms | 2 |
| LivingAreaSource | Public Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Lighting,Rain Gutters |
|---|---|
| Fencing | Chain Link,Wood |
| Parking Features | Off Street,RV Parking |
| Lot Features | City Lot,Level,Oversized Lot |
| Water Source | Well |
| Lot Size Area | 16000 |
| Foundation Details | Slab |
| Spa | false |
| Building Area Total | 1665 |
| Lot Dimensions | 160 x 100 |
| Lot Size Acres | 0.37 |
| Road Surface Type | Paved |
| Private Pool | false |
| Waterfront Y/N | false |
| Road Frontage Type | Street Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome In The Sun, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated Last updated on September 12, 2026 11:17 AM UTC The listing information on this page last changed on Last updated on September 12, 2026 11:17 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 12, 2026 11:17 AM UTC
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome In The Sun, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome