NOT LISTED FOR SALE

368 Ibiza Loop Venice, FL 34292

Estimated Value: $341,000 - $382,000

2 Beds
2 Baths
1,503 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $360,000 $240 Per Sq Ft

Current estimated payment $2,044/month

Highlights

  • Water Views
  • Fitness Center
  • Gated Community
  • Taylor Ranch Elementary School Rated A-
  • New Construction
  • Clubhouse

About This Home

As of June 2024

BRAND NEW VILLA AVAILABLE FOR ANNUAL RENT IN THE NEW COMMUNITY OF PALENCIA IN VENICE. This 2 bedroom + Office/Den, 2 bath Villa is located near the clubhouse and pool. The kitchen opens to the spacious great room and dining room overlooking the backyard. Enjoy upgraded standard features throughout including impact glass windows, quartz countertops in the kitchen and baths, soft-close cabinets complete with roll out organization in the kitchen, comfort height commodes, a private laundry room, screened in lanai and 2-car garage. This home comes with all appliances including refrigerator, built-in dishwasher, electric range, microwave, washer, and dryer. The Home has smart home equipment. Palencia is gated and has a resort like waterfront pool, fitness center, clubhouse, bocce ball, and walking trails. Ceiling fans being installed. Excellent location close to I-75, Nokomis Beach, Venice beach, downtown Venice, Sarasota Memorial Hospital, University Mall, dining, entertainment, shopping, and walking trails. Lawn maintenance is included. Available 06/01/2024 for Rent $2300. per month-12-month minimum. CC & BC required. No Smoking.

Last Agent to Rent the Property

Tim Weller

EXIT KING REALTY Brokerage Phone: 941-497-6060 License #3379102 Listed on: 05/30/2024

EXIT KING REALTY

Last Renter's Agent

Tim Weller

EXIT KING REALTY Brokerage Phone: 941-497-6060 License #3379102 Listed on: 05/30/2024

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,147

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 4,550

Parking

  • 2 Car Attached Garage

Home Design

  • Villa

Interior Spaces

  • 1,503 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Den
  • Inside Utility
  • Water Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Taylor Ranch Elementary School
  • Venice Area Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Reclaimed Water Irrigation System
  • 4,550 Sq Ft Lot

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,300
  • Property Available on 6/7/24
  • Tenant pays for cleaning fee
  • The owner pays for grounds care, laundry, recreational
  • 12-Month Minimum Lease Term
  • $35 Application Fee
  • 1 to 2-Year Minimum Lease Term
  • Assessor Parcel Number 0399070048

Community Details

Overview

  • Property has a Home Owners Association
  • Gary Glass Association
  • Venice Beach Community
  • Palencia Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,147

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit
  • Available Date: 2024-06-07
  • Terms Of Lease: 1st Last and Sec Dep Required,COA/HOA Appl Fee,No Smoking
  • Long Term YN: 1
  • Security Deposit: 2300
  • Additional Applicant Fee: 35

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Living Area: 1503
  • Lot Size Acres: 0.1
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 1800
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 4550
  • Owner Pays: Grounds Care, Laundry, Recreational
  • Tenant Pays: Cleaning Fee
  • Directions to Property: I-75 South, exit 193 Jacaranda Blvd turn Left-East, left onto Border Rd. The community entrance is located on the left, Take the second entrance to the community. Take a right on Ibiza. Home is on the Right.
  • Status: Leased
  • ResoBuildingAreaSource: Builder
  • List Office Head Office Key Nume: 1046304
  • Minimum Lease: 1-2 Years
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 1.53
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-497-6060
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Impact Glass/Storm Windows
  • Street Number Modifier: 368
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Den/Library/Office,Inside Utility
  • Living Area Meters: 139.63
  • Room Count: 6

Exterior Features

  • Exterior Features: Irrigation System, Lighting, Sidewalk, Sliding Doors
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Pool
  • Association Name: Gary Glass
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Pet Restrictions: Landlord will consider 1 small dog.
  • Association Fee Requirement: Required
  • Pet Size: Small (16-35 Lbs.)
  • Association Approval Fee: 150

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 35

Schools

  • Elementary School: Taylor Ranch Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Venice Area Middle

Lot Info

  • Parcel Number: 0399070048
  • Lot Size Square Meters: 423

Green Features

  • Green Verification Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
May 24, 2024
Sold by
D R Horton Inc
Bought by
Passey Scott M and Passey Alisa Myung
Seller's Agent
Tim Weller
EXIT KING REALTY
Buyer's Agent
Tim Weller
EXIT KING REALTY
Sold Price
$2,300
Views
101
Current Estimated Value
$360,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,029
Avg. Annual Appreciation
-0.57%
Original Mortgage
$245,000
Outstanding Balance
$242,135
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$115,177

Purchase Details

Closed on
Apr 6, 2023
Sold by
Forestar Usa R/E Group Inc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Passey Scott M $360,000 Dhi Title Of Florida
D R Horton Inc $2,217,586 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passey Scott M $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Rented $2,300 0.0% --
06/07/2024 06/07/24 Price Changed $2,300 -4.2% $2 / Sq Ft
05/30/2024 05/30/24 For Rent $2,400 0.0% --
05/24/2024 05/24/24 Sold $360,000 -5.3% $240 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $379,999 -1.3% $253 / Sq Ft
02/19/2024 02/19/24 Price Changed $384,999 -2.5% $256 / Sq Ft
01/19/2024 01/19/24 Price Changed $394,999 -2.5% $263 / Sq Ft
12/28/2023 12/28/23 Price Changed $404,999 -2.0% $269 / Sq Ft
12/12/2023 12/12/23 For Sale $413,350 -- $275 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $1,147 $302,600 $69,600 $233,000
2023 $1,147 $96,000 $96,000 $0
2022 $883 $55,700 $55,700 $0
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Weller

    Landlord's Agent in 2024

    Tim Weller

    EXIT KING REALTY

    (941) 221-0155

    55 Total Sales

    Tim Weller
    Section Image

  • M

    Seller's Agent in 2024

    Mike Bone

    DR HORTON REALTY SW FL LLC

    (239) 220-0272

    1,198 Total Sales

    Mike Bone
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6133084

Stellar MLS

APN: 0399-07-0048

Florida Sarasota County Venice 34292

368 Ibiza Loop, Venice, FL

This home is located at 368 Ibiza Loop, Venice, FL 34292 since 30 May 2024 and is currently priced at $360,329. This property was built in 2025. 368 Ibiza Loop is a home located in Sarasota County with nearby schools including Taylor Ranch Elementary School, Venice Middle School, and Venice High School.

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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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