716 Groveland Avenue, Venice, FL 34285

$600,000
5
BD
6
BA
2,495
SqFt

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Sold Price
$600,000
List Price
$641,500
Status
Sold
Days on Market
52
Closing Date
Mar 07, 2025
MLS#
N6135798
Property Style
Single Family
Architectural Style
Florida
Year Built
1925
Bedrooms
5
Bathrooms
6
Living Area
2,495
Price per sq. ft.
257.11
Lot Size
15,000
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Venice Edgewood Sec Of
Community Name
Venice Edgewood
MLS Area Major
Venice

Property 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.

Additional Information

Taxes
$7713
Minimum Lease Period
No Minimum
Location
City Limits, Oversized Lot
Community Features
Park, Sidewalks, No Deed Restriction
Property Description
One Story
Zoning
RSF3
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)
Floor
Tile, Wood
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Utilities
Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Wood Frame
Exterior Features
Dog Run, Sidewalk, Storage
Roof
Metal
Foundation
Crawlspace
Pool
Private
Pool Type
Heated, In Ground, Lighting, Screen Enclosure
Garage Features
Driveway, On Street, Oversized, Parking Pad, RV Parking
Elementary School
Garden Elementary
Middle School
Student Leadership Academy
High School
Venice Senior High
Fences
Fenced
Pets
Allowed
Flood Zone Code
X
Parcel ID
0410120068
Legal Description
LOTS 17 & 18, BLK 210, EDGEWOOD SEC OF VENICE

Listing courtesy of WILLIAM RAVEIS REAL ESTATE.

Selling Office: WILLIAM RAVEIS REAL ESTATE.

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