1488 Jupiter Rd Venice, FL 34293
South Venice NeighborhoodEstimated payment $2,426/month
Total Views
49
2
Beds
2
Baths
997
Sq Ft
$401
Price per Sq Ft
Highlights
- Boat Ramp
- RV Access or Parking
- Reverse Osmosis System
- Taylor Ranch Elementary School Rated A-
- View of Trees or Woods
- Open Floorplan
About This Home
BUY FOR $240,000 WITH ASSUMABLE 2.75 RATE INTEREST MORTGAGE (23+ YEARS)
ASSUMABLE 2.75 RATE INTEREST MORTGAGE | DUAL-LOT BUILD/HOLD/FLIP | SOUTH VENICE
THE FINANCING: $160,000 assumable mortgage at 2.75 rate interest with 23+ years remaining (lender-verified). At $400,000 purchase price, buyer invests $240,000 down and assumes existing note at 2.75 rate interest—significantly below current conventional rates. Lender approval and assumption fee required. Second buildable lot requires refinance to separate; assumable will not allow the separation of the vacant ready to build lot; valued $90–95K, recent 8,000 sqft comparables.
INVESTOR CASE: Area rents $2,100–$2,800/month. Includes boat/RV/trailer storage, off-street parking, utilities (electric only), and annual private beach passes.
THE PROPERTY: Two merged 8,000 SF parcels (16,000 SF total, one legal description). Deeded community beach via ferry (1,000 ft away). Optional $200/year pass for ferry and private boat launch access. Optional community center membership. Free water and septic service on house lot.
THE LAND: Second 8,000 SF lot is fully buildable and zoned for development. Approved for single-family residential. Separates and sells independently if financed and not assumed loan; represents capital recovery path or expansion/hold opportunity. No deed restrictions.
THE HOUSE: Fully updated 2–3-bedroom, 2 bath: entire house, all interior rooms under roof with A/C, 1,390 sf.
Kitchen: Entire kitchen redone. Granite counters, 18 custom cabinets, under-cabinet LED, recessed lighting. Appliances (avg. 2.5 years): beverage cooler, refrigerator, air fryer/convection oven, slim-profile microwave, dishwasher. Counter seating. Reverse osmosis water treatment (2 years old). Stainless steel euro sink, commercial faucet wand and racks.
Flooring & Structure: Engineered hardwood throughout (recently replaced). Roof 7.5 years. A/C system with new compressor (August 2026). 4-season porch with new split A/C unit.
Bedrooms & Living: Master with walk-in closet. Garage converted to third bedroom. Flex room/office/living space with barn door privacy. Remote ceiling fans. Recessed TV with ambient backlighting. 5-foot electric fireplace. Opens to counter dining kitchen.
Finishes: all windows plantation shutters (exterior). All LED lighting with remote controls. Security lighting (front). New laundry room with washer/dryer and counter. Two new closets added in laundry and bedroom.
Outdoor: 16×16 patio. Gated fenced backyard. 10×12 storage shed (to be roofed). Landscaping includes lemon tree and native beach plantings (bougainvillea, beach grass). Easy-care property.
Utilities: Free water (well). Free septic. Electric only. New A/C condenser (August 2026). Split A/C for 4-season porch. 2-year-old whole-house eco water treatment system.
Flood Zone: AE, bordering X500. Zero documented flood or storm damage history.
LOCATION: Intracoastal Waterway proximity and access. Deeded beach and boat launch. Downtown Venice, 5 public beaches, shopping, dining. Sarasota (SRQ) and Punta Gorda (PGD) airports. Medical, commercial, hardware retailers, and municipal services minutes away.
Listing Agent
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3516898 Listed on: 09/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,623
Year Built
- Built in 1991
Lot Details
- 16,000 Sq Ft Lot
- Lot Dimensions are 160x100
- South Facing Home
- Wood Fence
- Chain Link Fence
- Oversized Lot
- Level Lot
- Property is zoned RSF3
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 997 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Bar Fridge
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Thermal Windows
- Plantation Shutters
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Sun or Florida Room
- Views of Woods
Kitchen
- Eat-In Kitchen
- Convection Oven
- Microwave
- Dishwasher
- Granite Countertops
- Reverse Osmosis System
Flooring
- Tile
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Single Vanity
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Hall
- Dryer
- Washer
Home Security
- Security Lights
- Fire and Smoke Detector
Parking
- Off-Street Parking
- RV Access or Parking
Accessible Home Design
- Grip-Accessible Features
- Accessibility Features
Outdoor Features
- Boat Ramp
- Exterior Lighting
- Shed
- Rain Gutters
Schools
- Taylor Ranch Elementary School
- Venice Area Middle School
- Venice Senior High School
Utilities
- Central Air
- Heating Available
- Thermostat
- 1 Water Well
- Electric Water Heater
- 1 Septic Tank
- 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 deed restrictions, allowable golf cart usage in the community
Recreation
- Tennis Courts
- Pickleball Courts
- Community Playground
- Park
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,623 | $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
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 | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2026 09/04/26 | For Sale | $400,000 | +95.1% | $401 / 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
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 | 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
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 | 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 research to
Craig's Other Listings
Source: Stellar MLS
MLS Number: A4705191
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.
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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