420 Armada Rd S Venice, FL 34285
Estimated payment $4,450/month
Highlights
- Main Floor Primary Bedroom
- No HOA
- Ceiling Fan
- Venice Elementary School Rated A
- 1 Car Attached Garage
- Vinyl Flooring
About This Home
Venice Island Triplex: Coastal Downtown Living with Income Potential!
Discover the ultimate blend of historic downtown coastal living and investment opportunity with this three unit triplex on Venice Island. Perfectly positioned to walk or bike ride to the sun-kissed sands of Venice Beach and the vibrant heart of downtown Venice, this property offers the quintessential lifestyle! Zoned RMF (Residential Multi Family) currently has no written rental restrictions for short term rentals. Buyer must verify rental information with City of Venice. This triplex has a (2022) ROOF. Unit 1 welcomes you with a completely remodeled kitchen (2021) and bathroom (2025), creating a sleek and modern living space. Enjoy your front patio pad, perfect for morning coffee or evening grilling. Unit 2 offers an updated kitchen and bathroom (2021), complemented with a patio pad for outdoor enjoyment. Unit 3 offers a studio layout with a functional galley kitchen and full bathroom, plus a one-car garage, perfect for storing your bikes, kayaks, and beach essentials or for a single vehicle. The studio presents an exciting opportunity for remodeling & customization – envision transforming the garage into a luxurious master suite to add to the studio to maximize rental potential!
Whether you're seeking a savvy investment property with flexible rental options or a place to call home with income potential, this Venice Island triplex delivers. Imagine the possibilities: annual leases, vacation rentals, or a combination of both!
Don't miss your chance to own a piece of paradise. Schedule your private showing today and unlock the potential to start living the modern coastal dream!
Listing Agent
EXIT KING REALTY Brokerage Phone: 941-497-6060 License #3392092 Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,101
Year Built
- Built in 1950
Parking
- 1 Car Attached Garage
Home Design
- Triplex
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,806 Sq Ft Home
- Ceiling Fan
- Blinds
- Vinyl Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Additional Features
- Private Mailbox
- 8,125 Sq Ft Lot
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 11 / 37
- Assessor Parcel Number 0176090046
Community Details
Overview
- No Home Owners Association
- 1,806 Sq Ft Building
- Venice Gulf View Community
- Venice Gulf View Sec Of Subdivision
Pet Policy
- Pets Allowed
Building Details
- 3 Separate Electric Meters
- 1 Separate Water Meter
Map
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 |
|---|---|---|---|---|
| 2024 | $9,588 | $604,500 | $336,200 | $268,300 |
| 2023 | $9,588 | $630,200 | $339,500 | $290,700 |
| 2022 | $7,920 | $499,500 | $334,600 | $164,900 |
| 2021 | $5,383 | $331,300 | $258,300 | $73,000 |
| 2020 | $4,954 | $295,900 | $228,900 | $67,000 |
| 2019 | $4,966 | $302,400 | $239,500 | $62,900 |
| 2018 | $4,607 | $286,100 | $216,100 | $70,000 |
| 2017 | $4,030 | $238,000 | $191,600 | $46,400 |
| 2016 | $3,816 | $237,900 | $190,200 | $47,700 |
| 2015 | $3,330 | $201,400 | $149,400 | $52,000 |
| 2014 | $3,443 | $181,940 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $699,000 | -1.5% | $387 / Sq Ft |
| 06/18/2025 06/18/25 | Price Changed | $710,000 | -1.4% | $393 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $720,000 | -4.6% | $399 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $755,000 | -3.8% | $418 / Sq Ft |
| 03/27/2025 03/27/25 | For Sale | $785,000 | 0.0% | $435 / Sq Ft |
| 10/26/2023 10/26/23 | Rented | $1,200 | 0.0% | -- |
| 10/18/2023 10/18/23 | For Rent | $1,200 | 0.0% | -- |
| 01/05/2022 01/05/22 | Sold | $605,000 | -4.4% | $335 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 09/30/2021 09/30/21 | Price Changed | $632,900 | -2.2% | $350 / Sq Ft |
| 09/21/2021 09/21/21 | Price Changed | $647,000 | -1.5% | $358 / Sq Ft |
| 09/07/2021 09/07/21 | Price Changed | $657,000 | -5.7% | $364 / Sq Ft |
| 08/18/2021 08/18/21 | For Sale | $697,000 | -- | $386 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $605,000 | Cemo Title Services Llc | |
| Warranty Deed | $385,000 | Cemo Title Services Llc | |
| Warranty Deed | $300,000 | Cemo Title Services Llc | |
| Warranty Deed | $200,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $453,750 | New Conventional | |
| Previous Owner | $288,750 | New Conventional | |
| Previous Owner | $180,000 | Seller Take Back |
Source: Stellar MLS
MLS Number: A4645569
APN: 0176-09-0046
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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