OPEN SAT 11AM - 2PM
$90K PRICE DROP
1488 Jupiter Rd Venice, FL 34293
South Venice NeighborhoodEstimated payment $2,175/month
Total Views
125,894
2
Beds
2
Baths
997
Sq Ft
$371
Price per Sq Ft
Highlights
- City View
- Open Floorplan
- Property is near public transit
- Taylor Ranch Elementary School Rated A-
- Fruit Trees
- Cathedral Ceiling
About This Home
Rare Opportunity: Assumable 2.75 rate Loan 25 yrs + Double Lot(8000x2) + Deeded Private community Gulf Beach Own near the Gulf with a rare 2.75 rate assumable mortgage (approx. $169K balance, ~$772/month P&I) offering substantial long-term savings compared to today’s rates. MTI (mortgage,Taxes,Insurance)= +/- $1250 a month operating costs This updated coastal home sits on an oversized 16,000 sq ft double lot just ~1,000 ft from deeded private beach ferry access and boat ramp, combining lifestyle, space, and future potential. While public records reflect 997 sq ft, the Hidden value of this home offers approximately 1,500+ sq ft of fully air-conditioned living space (buyer to verify),A/C is in every sqft of home ,expanded bedroom, laundry area, and additional storage. A sunroom/enclosed porch w/ split a/c provides flexible space for relaxing, working, or hosting guests. The interior has been remodeled for comfortable, move-in-ready living, with a flexible 2–3 bedroom layout and 2 full baths. Key Value Add: Oversized double lot with potential for a second cleared vacant buildable parcel 7000-8000sqft
Estimated additional lot value: $80K–$100K
Opportunity for future build, resale, or expanded use Property Highlights: 16,000 sq ft double lot
Deeded private beach access (via ferry)
Boat ramp access
Space for RV and boat parking
Fenced yard, fruit tree, and storage shed
Public utilities (no well or septic)
No HOA | No CDD Location: Approx. 1,000 ft to private beach access
Convenient to shopping, dining, and coastal amenities
Strong rental appeal (buyer to verify local guidelines) Ppotential airbnb(others on street) seasonal or annual renter
store boats, trailers campers, Rv's on extra lot just like neighbors do. Opportunities combining low-rate assumable financing, land value upside, and beach proximity are limited and can save you over $300,000 in interest versus a new 30yr 6 interest rate loan. Do the math 25yrs 169,000 at 2.75 interest rate assumable or 6 interest ratet 30yr w/about 80K down calculations. An obvious choice!
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3516898 Listed on: 08/08/2025
Open House Schedule
-
Saturday, April 25, 202611:00 am to 2:00 pm4/25/2026 11:00:00 AM +00:004/25/2026 2:00:00 PM +00:00see refined value document in listing documents to learn more on improvements 2.75 asumable mortgage Highley rentable income capable 160000 sqft ldouble lot Listed vacant or furnished negotiable deeded ferry/gulf beach 1000ft away never flooded Preinspected for smooth close. complete renovationAdd to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,540
Year Built
- Built in 1991
Lot Details
- 16,000 Sq Ft Lot
- South Facing Home
- Dog Run
- Chain Link Fence
- Cleared Lot
- Fruit Trees
- Property is zoned RSF3
Property Views
- City
- Woods
Home Design
- Traditional Architecture
- Florida Architecture
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 997 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Shelving
- Bar Fridge
- Dry Bar
- Cathedral Ceiling
- Ceiling Fan
- Thermal Windows
- Insulated Windows
- Shade Shutters
- Shades
- Blinds
- Aluminum Window Frames
- Sliding Doors
- Family Room Off Kitchen
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Sunken Shower or Bathtub
- 2 Full Bathrooms
- Makeup or Vanity Space
- Single Vanity
- Bathtub with Shower
- Shower Only
- Rain Shower Head
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Accessible Home Design
- Accessible Full Bathroom
- Accessibility Features
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
- Shed
- Rain Gutters
- Private Mailbox
Location
- Flood Zone Lot
- Flood Insurance May Be Required
- Property is near public transit
Schools
- Venice Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Central Heating and Cooling System
- Thermostat
- 1 Water Well
- Electric Water Heater
- 1 Septic Tank
- Private Sewer
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 5127
- Assessor Parcel Number 0457020037
Community Details
Overview
- No Home Owners Association
- South Venice Community
- South Venice Subdivision
- Association Owns Recreation Facilities
- The community has rules related to allowable golf cart usage in the community
Recreation
- Tennis Courts
- Community Playground
- Park
- Dog Park
Matterport 3D Tour
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $2,540 | $215,101 | -- | -- |
| 2024 | $2,431 | $209,039 | -- | -- |
| 2023 | $2,431 | $202,950 | $0 | $0 |
| 2022 | $2,337 | $197,039 | $0 | $0 |
| 2021 | $2,430 | $191,300 | $60,800 | $130,500 |
| 2020 | $2,593 | $170,500 | $58,400 | $112,100 |
| 2019 | $2,538 | $180,200 | $67,200 | $113,000 |
| 2018 | $2,382 | $171,200 | $61,600 | $109,600 |
| 2017 | $2,100 | $120,648 | $0 | $0 |
| 2016 | $1,971 | $122,300 | $25,600 | $96,700 |
| 2015 | $1,804 | $102,900 | $17,600 | $85,300 |
| 2014 | $1,673 | $78,430 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/20/2026 04/20/26 | Price Changed | $369,900 | -2.6% | $371 / Sq Ft | |
| 03/19/2026 03/19/26 | Price Changed | $379,900 | -2.6% | $381 / Sq Ft | |
| 02/24/2026 02/24/26 | Price Changed | $389,999 | -2.5% | $391 / Sq Ft | |
| 01/14/2026 01/14/26 | For Sale | $399,999 | -4.8% | $401 / Sq Ft | |
| 12/04/2025 12/04/25 | Off Market | $420,000 | -- | -- | |
| 11/20/2025 11/20/25 | Price Changed | $420,000 | -2.1% | $421 / Sq Ft | |
| 11/04/2025 11/04/25 | Price Changed | $429,000 | -3.2% | $430 / Sq Ft | |
| 10/15/2025 10/15/25 | Price Changed | $443,000 | -0.4% | $444 / Sq Ft | |
| 08/29/2025 08/29/25 | Price Changed | $445,000 | -1.1% | $446 / Sq Ft | |
| 08/11/2025 08/11/25 | Price Changed | $449,999 | -2.2% | $451 / Sq Ft | |
| 08/08/2025 08/08/25 | For Sale | $460,000 | +124.4% | $461 / Sq Ft | |
| 08/31/2020 08/31/20 | Sold | $205,000 | -4.7% | $171 / Sq Ft | View Prior Sale |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- | |
| 06/26/2020 06/26/20 | For Sale | $215,000 | -- | $180 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $205,000 | New Title Company Name | |
| Warranty Deed | $121,500 | Florida Title & Guarantee | |
| Warranty Deed | $112,000 | Gold Crest Title Services |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,943 | FHA | |
| Previous Owner | $50,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Craig McCoy - Sarasota's Premier Real Estate Expert
If you're navigating the Sarasota real estate market, look no further than Craig McCoy—a trusted name known for getting results. As a Broker Associate at Preferred Shore Real Estate, Craig is committed to delivering exceptional service with a personal touch. With a reputation for thoroughness and dedication, Craig ensures that every aspect of your home sale is meticulously handled. You’ll receive twice the attention and far more
Craig's Other Listings
Source: Stellar MLS
MLS Number: A4659393
APN: 0457-02-0037
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.
Based on information submitted to the MLS GRID. 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
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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