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$2,300,000
$2,300,000
price
Real Estate Professional
C.

Description

Venice Island Investment Opportunity! Meticulously maintained 12-unit apartment complex on the Island of Venice with additional vacant lot (which makes the entire property just under 1 acre). Just a few blocks to the beaches and close to the historic downtown Venice shopping district. 3 buildings are comprised of ten 1 BR/1 BA units and two studio/efficiency units. Six of the units are recently updated and come turn-key furnished (four of which have brand new HVAC split units) - short-term leases in place through March 2022. Six remaining units (three of which have recently been updated) are on month-to-month leases. Laundry facility & storage on-site. Patios and outdoor areas for sunbathing and relaxation. Plenty of off-street parking available for tenants. Fully occupied. No vacancies. The vacant lot is 0.24 acres and zoned RMF4/Residential multi-family (up to 18 units/acre). Great location! Call today for more details!

Property Highlights

  • Property Type: Multi Family
  • MLS #: A4517503

General Information

Area 34285 - Venice
Elementary School Venice Elementary
High School Venice Senior High
Middle School Venice Area Middle
Number of Units Total 12
Property Subtype Residential Income
Property Type Multi Family
Subdivision Beach Manor
Taxes $5,936
Utilities Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Room Information

Furnished Partially
Laundry Other

Property Features

Appliances Electric Water Heater, Microwave, Range, Refrigerator
Construction Materials Block
Cooling Wall/Window Unit(s)
Interior Square Footage 2,634
Lot Size Acres 0.3
Lot Size Square Feet 13,258
Patio Features Front Porch
Roof Built-Up
Sewer Public Sewer
Stories One
Water Source Public
$2,300,000
$2,300,000
price
Real Estate Professional
C.
Location
1400 The Rialto, Venice, FL 34285 Driving Directions
Venice
Nearby Schools
Listed by Uli Wills, Wills Real Estate Llc.

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