Seller's Agent in 2022
Uli Wills
WILLS REAL ESTATE LLC
(941) 275-5154
74 Total Sales
1400 the Rialto Venice, FL 34285
Venice Area
--
Bed
--
Bath
2,634
Sq Ft
0.3
Acre Lot
Highlights
- No HOA
- Family Room Off Kitchen
- Cooling System Mounted To A Wall/Window
- Venice Elementary School Rated A
- Front Porch
- High Speed Internet
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!
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
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
Interest Rate
0.0442%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2016
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 2010
Sold by
Bought by
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
0.0432%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 27, 2010
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2004
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 2000
Sold by
Bought by
Purchase Details
Closed on
Oct 3, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | ||
| $500,000 | Attorney | ||
| $310,000 | Attorney | ||
| $405,000 | Attorney | ||
| -- | -- | ||
| -- | -- | ||
| $198,400 | -- | ||
| $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 | $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
-
Tim Lacey
T
Buyer's Agent in 2022
Tim Lacey
THE RENTAL COMPANY OF VENICE
(941) 484-7644
21 Total Sales
Map
Source: Stellar MLS
MLS Number: A4517503
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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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