701 W Venice Avenue Unit C, Venice, FL 34285

$1,490,000
10
BD
8
BA
7,422
SqFt

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Sold Price
$1,490,000
List Price
$1,790,000
Status
Sold
Days on Market
3
Closing Date
Jul 10, 2025
MLS#
A4653742
Property Style
Quadruplex
Year Built
1980
Bedrooms
10
Bathrooms
8
Living Area
7,422
Price per sq. ft.
241.17
Lot Size
12,000
Acres
0.28
Total Acreage
1/4 to less than 1/2
Building Name
701
Legal Subdivision Name
Venice Gulf View Sec Of
MLS Area Major
Venice

Property Description

Unmatched Island Investment Opportunity – Steps from Venice Beach & Downtown NO FLOOD ZONE - NO FLOOD DAMAGE - NEVER SEEN A LICK OF WATER - RARE OPPORTUNITY - ZONED RMF4 Welcome to 701 W Venice Avenue—an exceptional multifamily property ideally located just one block from Venice Beach and a short stroll to historic downtown Venice. Rarely does a location offer this level of convenience, charm, and income potential in the heart of Venice Island. Situated on a prime beach-side corner lot, this updated and well-maintained fourplex offers four private-entry units, each with separate water and electric meters. Unit Breakdown: • Unit A – 2 bedrooms, 2 baths, approx. 1,129 SF • Unit B – 2 bedrooms, 2 baths, approx. 1,578 SF • Unit C (Owner’s Unit) – 4 bedrooms, 2.5 baths, approx. 3,013 SF • Unit D – 2 bedrooms, 2 baths, approx. 1,578 SF All units feature: • Porcelain tile flooring • In-unit washers and dryers • Private entrances and screened outdoor living spaces (lanai or balcony) Unit C stands out as the owner’s residence or premium rental, offering expansive living areas, a large screened lanai, level 3 granite countertops, and premium finishes throughout—truly lives like a single-family home. Property Highlights: • Zoned for daily, weekly, monthly, or annual rentals – full flexibility to maximize income • New roof (2024), updated electrical panels, and three newer HVAC systems • Hurricane shutters, enclosures, and private outdoor spaces for each unit • Electric security gate leading to pavered parking for up to 7 vehicles, including covered spaces • Professionally landscaped grounds with well-fed irrigation – no water cost for landscaping To ensure peace of mind, the entire property has been professionally inspected by Peace of Mind Home Inspections, a trusted local company with over 30 years in business. The comprehensive inspection (valued at $2,000) has already been completed and paid for—offering transparency and confidence to any savvy investor. Prime Beachside Corner Lot Zoned for Short-Term Rentals Turnkey, Fully Inspected Income Asset This is truly one of the most desirable and versatile multifamily properties on Venice Island. Whether you’re seeking a live-and-lease lifestyle or looking to generate high-income returns, 701 W Venice Avenue delivers unmatched value, luxury, and location. Don’t miss your chance to own this rare, income-ready gem just steps from the sand.

Additional Information

Taxes
$12970
Annual Gross Income
223676
Location
Corner Lot
Community Features
No Deed Restriction
Property Description
Mid Rise, Attached
Zoning
RMF4
Interior Features
Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
Floor
Carpet, Ceramic Tile, Tile
Appliances
Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Fireplace
Yes
Fireplace Description
Wood Burning
Exterior Construction
Concrete, Stucco
Exterior Features
Hurricane Shutters, Lighting, Sliding Doors, Storage
Roof
Membrane
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Carport
Garage Features
Assigned, Golf Cart Parking
Elementary School
Venice Elementary
Middle School
Venice Area Middle
High School
Venice Senior High
Water View
Gulf/Ocean - Partial
Flood Zone Code
X
Parcel ID
0176030020
Legal Description
CASA DI COSTA LOT 16 BLK 29 GULF VIEW SEC OF VENICE OR 466-126

Listing courtesy of KELLER WILLIAMS ON THE WATER S. 941-803-7522

Selling Office: CHARITY & WEISS INTERNATIONAL LLC.

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