$995,000

Estimated payment $6,021/month

Total Views 2,519
-- Bed
-- Bath
2,668 Sq Ft
$373 Price per Sq Ft

Highlights

  • 0.44 Acre Lot
  • No HOA
  • High Speed Internet
  • Venice Elementary School Rated A

About This Home

Affordable Housing Investment Opportunity! Unlock the potential of this low-income apartment complex, designed to provide stable rental income while serving the community’s housing needs. The property offers 9 units with strong occupancy history and reliable tenant demand. Ideal for investors seeking a socially responsible opportunity with consistent cash flow. Keep it as apartments or change it to a business use....the possibilities are endless with Commercial General zoning grandfathered in as multi-family. With 100’ frontage on US 41 in Venice and located directly across from Lowe's and Carrabba’s, this property also offers redevelopment opportunities. This former motel complex features a main house (ideal for owner occupancy) and two 4-unit buildings. Just under 1/2 acre and not in a flood zone. Listing agent is owner. Don’t miss this change to invest in a property that blends financial opportunity with social impact!

Listing Agent

Shawn Judy

FLORIDA SUN & SAND REALTY Brokerage Phone: 941-484-6764 License #643188 Listed on: 03/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,640

Year Built

  • Built in 1956

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 100x190

Home Design

  • 2,668 Sq Ft Home
  • Slab Foundation
  • Block Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 9 Units
  • 3,783 Sq Ft Building
  • Sun Glo Apartments Condos
  • Acreage & Unrec Subdivision

Listing and Financial Details

  • Tax Lot 12386
  • Assessor Parcel Number 0434070003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,640

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2668
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 3783
  • Lot Size Sq Ft: 19000
  • Directions to Property: Directly on US 41 across from Lowe's and Carrabba's in South Venice
  • Status: Active
  • Street Direction: S
  • Ownership: Other
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048429
  • RATIO Current Price By Calculate: 372.94
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 941-484-6764
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1746
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 247.87

Exterior Features

  • Exterior Features: Other
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Nearby, Water Nearby
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: SUN GLO APARTMENTS

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CG
  • Parcel Number: 0434070003
  • Additional Parcels: No
  • Lot Dimensions: 100x190
  • Flood Zone Code: X
  • Lot Size Square Meters: 1765

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 9
  • Total Num Buildings: 3

Tax Info

  • Tax Annual Amount: 8639.87
  • Tax Lot: 12386

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $7,601 $625,130 -- --
2023 $7,601 $568,300 $284,900 $283,400
2022 $7,946 $648,000 $334,400 $313,600
2021 $6,977 $491,400 $237,500 $253,900
2020 $6,918 $477,400 $251,800 $225,600
2019 $6,480 $446,900 $210,000 $236,900
2018 $6,153 $417,500 $210,000 $207,500
2017 $5,970 $335,390 $0 $0
2016 $5,649 $304,900 $210,000 $94,900
2015 $5,714 $301,800 $207,500 $94,300
2014 $5,833 $269,500 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $995,000 -- $373 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $340,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 Commercial
Previous Owner $200,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: N6138084

Stellar MLS

APN: 0434-07-0003