Kevin Tai
PREFERRED SHORE LLC
(941) 231-5680
169 Total Sales
5 in Venice
$229K - $1M Price Range
1400 the Rialto Venice, FL 34285
Venice Area
--
Beds
--
Baths
2,634
Sq Ft
0.3
Acre Lot
Highlights
- No HOA
- Family Room Off Kitchen
- High Speed Internet
- Venice Elementary School Rated A
- Front Porch
- Fenced
About This Home
As of April 2022Venice 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!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,936
Year Built
- Built in 1958
Lot Details
- 13,258 Sq Ft Lot
- Fenced
- Additional Parcels
Home Design
- Slab Foundation
- Built-Up Roof
- Block Exterior
Interior Spaces
- 2,634 Sq Ft Home
- Partially Furnished
- Family Room Off Kitchen
Kitchen
- Range
- Microwave
Outdoor Features
- Front Porch
Schools
- Venice Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 2
- Assessor Parcel Number 0430140042
Community Details
Overview
- No Home Owners Association
- 12 Units
- 3,379 Sq Ft Building
- Beach Manor Community
- Beach Manor Subdivision
Pet Policy
- Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2021
Closed on
Mar 30, 2022
Sold by
Sunset At The Gulf Llc
Bought by
Seller's Agent
Uli Wills
WILLS REAL ESTATE LLC
Buyer's Agent
Tim Lacey
THE RENTAL COMPANY OF VENICE
List Price
$2,300,000
Sold Price
$2,000,000
Premium/Discount to List
-$300,000
-13.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,387,784
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2016
Sold by
Juniors Sunrise At The Ocean Llc
Bought by
Sunset At The Gulf Llc
Purchase Details
Closed on
Dec 3, 2010
Sold by
Caldwell Trust Company
Bought by
Juniors Sunrise At The Ocean Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2010
Sold by
Moon Mist Apartments Inc
Bought by
Caldwell Trust Company and Charles H Borden Ira
Purchase Details
Closed on
Feb 23, 2004
Sold by
Naaman Fred and Naaman Barry
Bought by
Mclaughlin David and Mclaughlin Patricia
Purchase Details
Closed on
Jan 10, 2000
Sold by
Mclaughlin David and Mclaughlin Patricia
Bought by
Moon Mist Apt Inc
Purchase Details
Closed on
Oct 3, 1995
Sold by
Palardy
Bought by
Naaman Fred and Naaman Barry
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Venice, FL
-
Kevin Tai
-
Kimberly Lingley
Kimberly Lingley
HOMESMART
(941) 218-8644
31 Total Sales
7 in Venice
$260K - $645K Price Range
-
Tonna Gruber
Tonna Gruber
KW SUNCOAST
(941) 260-0696
142 Total Sales
1 in Venice
$700,000 Price
-
Maggie March
Maggie March
Responds QuicklyFINE PROPERTIES
(857) 971-4562
6 Total Sales
1 in Venice
$200,000 Price
-
Patricia Baker
Patricia Baker
RE/MAX ALLIANCE GROUP
(941) 269-1605
88 Total Sales
1 in Venice
$455,000 Price
-
Patrice Davis
Patrice Davis
EXIT KING REALTY
(941) 307-7373
74 Total Sales
3 in Venice
$255K - $635K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $310,000 | None Listed On Document | ||
| Sunset At The Gulf Llc | $500,000 | Attorney | |
| Juniors Sunrise At The Ocean Llc | $310,000 | Attorney | |
| Caldwell Trust Company | $405,000 | Attorney | |
| Mclaughlin David | -- | -- | |
| Moon Mist Apt Inc | -- | -- | |
| Moon Mist Apt Inc | $198,400 | -- | |
| Naaman Fred | $195,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,500,000 | ||
| Previous Owner | Juniors Sunrise At The Ocean Llc | $276,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2022 04/11/22 | Sold | $2,000,000 | -13.0% | $759 / Sq Ft |
| 01/07/2022 01/07/22 | Pending | -- | -- | -- |
| 12/28/2021 12/28/21 | For Sale | $2,300,000 | 0.0% | $873 / Sq Ft |
| 11/24/2021 11/24/21 | Price Changed | $2,300,000 | +100.0% | $873 / Sq Ft |
| 11/23/2021 11/23/21 | Pending | -- | -- | -- |
| 11/11/2021 11/11/21 | For Sale | $1,150,000 | -- | $437 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,527 | $772,100 | $294,400 | $477,700 |
| 2024 | $12,232 | $829,000 | $294,100 | $534,900 |
| 2023 | $12,232 | $804,000 | $281,900 | $522,100 |
| 2022 | $6,870 | $487,600 | $254,400 | $233,200 |
| 2021 | $5,936 | $361,600 | $196,300 | $165,300 |
| 2020 | $5,836 | $352,800 | $175,200 | $177,600 |
| 2019 | $5,253 | $314,200 | $179,800 | $134,400 |
| 2018 | $4,878 | $290,900 | $183,300 | $107,600 |
| 2017 | $5,967 | $352,400 | $161,500 | $190,900 |
| 2016 | $5,663 | $342,800 | $147,000 | $195,800 |
| 2015 | $5,123 | $313,700 | $122,500 | $191,200 |
| 2014 | $4,686 | $253,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Uli Wills
Seller's Agent in 2022
Uli Wills
WILLS REAL ESTATE LLC
(941) 275-5154
72 Total Sales
-
Tim Lacey
TL
Buyer's Agent in 2022
Tim Lacey
THE RENTAL COMPANY OF VENICE
(941) 484-7644
20 Total Sales
Map
Source: Stellar MLS
MLS Number: A4517503
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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