510 Parkdale Mews, Venice, FL 34285

$1,740,000
4,530
SqFt

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Sold Price
$1,740,000
List Price
$1,790,000
Status
Sold
Days on Market
22
Closing Date
Jul 18, 2024
MLS#
A4610297
Property Style
Quadruplex
Year Built
1976
Living Area
4,530
Price per sq. ft.
395.14
Lot Size
9,602
Acres
0.22
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Bayshore Estates
Community Name
Bayshore Estates Unit 2
MLS Area Major
Venice

Property Description

$100k REDUCTION,TAKE ADVANTAGE OF THIS ONCE-IN-A-LIFETIME INVESTMENT OPPORTUNITY! The value is in the property land, and great location, step into island living at its finest with this magnificent quadruplex property located in gorgeous Venice, FL! This 4-unit INVESTMENT property boasts a total of 8 bedrooms and 8 bathrooms, and a communal laundry area making it the perfect investment for those seeking to rent out the units monthly annually, or seasonally. Located just steps away from the stunning Venice Beach and the vibrant downtown Venice area, this property offers endless possibilities for dining, shopping, and entertainment. This property is perfect for in-laws or extended families as well, with numerous upgrades that have been made over the past few years, totaling over $150K (paperwork available upon request). The bulk of these upgrades was for the renovation of Unit 506 in 2017 and the entire gable roof in 2021, plus the replacement of multiple water heaters and AC units, a few windows, etc. The main unit which the owners only lived in seasonally has been completely renovated & updated and also has a widow's walk where you can relax and take in sunsets. With a two-car carport and parking for an additional five cars, this property provides ample parking space for all your guests. And, with its close proximity to downtown Venice (just three blocks away), you'll be in the heart of the action in no time. Don't miss out on this amazing opportunity to own a piece of paradise! Contact us today to view this fantastic property! Rents are under current value and need to be raised.

Additional Information

Taxes
$10817
Community Features
No Deed Restriction
Zoning
RMF1
Interior Features
Ceiling Fans(s)
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected
Heating
Central
Air Conditioning
Central Air
Fireplace
Yes
Exterior Construction
Stucco, Vinyl Siding
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Carport
Flood Zone Code
X500
Parcel ID
0175090016
Legal Description
LOT 5 BLK E LESS PART IN PARKDALE EAST CONDO AS DESC IN CB 25/4 BAYSHORE ESTATES UNIT 2, BEING SAME LANDS AS DESC IN ORI 2023098430

Listing courtesy of BEAR REALTY INC.

Selling Office: COLDWELL BANKER REALTY.

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