716 Groveland Avenue

VENICE, FL 34285

  • 5 Bed(s)
  • 6 Bath(s)
  • 2,495 Sqft
  • 0.34
    Acre(Lot)
$695,000

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 Type

    Residential

  • Subdivision

    Venice Edgewood Sec Of

  • County

    Sarasota

  • Style

    Florida

  • AD ID

    47964685

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Property Details

  • Bedroom Information

    • Total Bedroom: 5

    Bathroom Information

    • Total Baths: 6
    • Full Baths: 6

    Interior Features

    • Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
    • Roof: Metal
    • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry Features: Inside

    Roofing Information

    • Metal

    Flooring Information

    • Flooring: Tile, Wood
    • Construction Materials: Wood Frame

    Heating & Cooling

    • Heating: Central, Electric
    • Cooling: Central Air, Mini-Split Unit(s)
    • WaterSource: Public

  • Building Information

    • Year Built: 1925

    Exterior Features

    • Dog Run, Sidewalk, Storage
    • Construction Materials: Wood Frame
    • Foundation Details: Crawlspace

    Pool Features

    • Private Pool: 1
    • Heated, In Ground, Lighting, Screen Enclosure

  • Lot Information

    • Lot Description: City Limits, Oversized Lot
    • Lot Square Feet: 15000
    • Lot Acres: 0.34

    Property Information

    • Property Type: Residential
    • Sub Type: Single Family Residence
    • Style: Florida

  • Listing Price Information

    • Original List Price: $695000

  • Tax Information

    • Annual Tax: $7713.5
    • Tax Year: 2023
    • Parcel Number: 0410120068

  • Parking Information

    • Driveway, On Street, Oversized, Parking Pad, RV Parking

  • School Information

    • Elementary School: Garden Elementary
    • Junior High School: Student Leadership Academy
    • Senior High School: Venice Senior High

    Utility Information

    • Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Location Information

    • Subdivision: VENICE EDGEWOOD SEC OF
    • City: VENICE
    • Direction: North On Tamiami Trail, Right On Groveland, Property On Right
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BuyOwner last updated this listing Mon Dec 09 2024

  • MLS: MFRN6135798
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)

is a Home, with 5 bedrooms which is for sale, it has 2,495 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of VENICE , in zip code 34285, this Sarasota County Home , it is in the VENICE EDGEWOOD SEC OF Subdivision, and are nearby neighborhoods.