$439,500
$10K PRICE DROP

5879 Madison Rd Venice, FL 34293

Venice Area

Estimated payment $2,639/month

Total Views 17,924
3 Beds
2 Baths
2,107 Sq Ft
$209 Price per Sq Ft

Highlights

  • Heated Spa
  • Custom Home
  • Cathedral Ceiling
  • Taylor Ranch Elementary School Rated A-
  • Open Floorplan
  • Great Room

About This Home

Price Adjustment! First time on the market—and an opportunity you won’t want to miss! If you’ve been searching for the perfect blend of a modern custom home, an established neighborhood, and a prime Venice location, this is the one. Thoughtfully designed and lovingly-maintained, this 3-bedroom, 2-bath residence in Gulf View Estates, one of Venice’s beloved “Hidden Gem” communities, delivers comfort, style, and everyday practicality in a way few homes can match. Step inside and immediately appreciate the soaring vaulted ceilings, abundant natural light, and an open-concept layout that creates effortless flow for both daily living and entertaining. The great room accommodates formal dining and transitions seamlessly into the kitchen and breakfast nook—ideal for gatherings, large or small. Your family chef will love the granite countertops, stainless steel appliances, custom 42" cabinetry, and convenient breakfast bar. Need extra space? The separate den/office is perfectly suited to today’s lifestyle—whether you envision a quiet workspace, a cozy media room, a craft studio, or a signature Man Cave. Designed with privacy in mind, the split-bedroom floor plan places the primary suite on one side of the home and the guest bedrooms on the other. The spacious primary retreat features a large walk-in closet and an ensuite bath with a double vanity, private water closet, linen closet, and a spacious curbless walk-in shower. Bedrooms 2 and 3, along with the second full bath, create a quiet, comfortable zone for visitors or family. A well-appointed indoor laundry room with built-in cabinetry and laundry tub leads directly to the 2-car garage and circular driveway, offering both convenience and curb appeal. Outdoor living shines here. The covered lanai opens to an extended 15'x31' screened enclosure, offering a generous space for al fresco dining, morning coffee, or enjoying Florida’s breezy afternoons. Throughout the home, buyers will appreciate all tile flooring, Plantation Shutters, central vacuum, irrigation system, and the reliability of public water and sewer. Big-ticket updates include a New Roof (2023), HVAC (2015), and storm shutters delivering peace of mind and long-term value. Situated in Gulf View Estates, a friendly, deed-restricted community with low HOA fees of just $350/year and NO CDD fees, and Flood Zone X, this property offers exceptional stability and affordability. You’re just 5 minutes to Manasota Key Beach, and close to Venice’s dining, shopping, golf, medical facilities, and the excitement of CoolToday Park, home of the Atlanta Braves Spring Training. This is Florida living done right—established, efficient, move-in ready, and designed for immediate enjoyment from day one. Homes like this seldom come to market. Don’t miss your chance—schedule your private showing today.

Listing Agent

Eric Martell P.A

MEDWAY REALTY Brokerage Phone: 941-375-2456 License #561516 Listed on: 05/19/2026

MEDWAY REALTY

Co-Listing Agent

Sally Martell

MEDWAY REALTY Brokerage Phone: 941-375-2456 License #460389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 2005

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 80x100
  • Northwest Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation Equipment
  • Property is zoned OUE2

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Utility Room

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Dinette
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Brick
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tall Countertops In Bathroom
  • Private Water Closet
  • Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater

Community Details

  • Association fees include common area taxes
  • Sunstate Association Management/Gina Fouquet Association, Phone Number (941) 870-4920
  • Visit Association Website
  • Gulf View Estates Community
  • Gulf View Estates Subdivision
  • The community has rules related to deed restrictions, fencing

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,368

Year Built

Built in 2005

Lot Details

8,000 Sq Ft Lot

HOA Fees

$29 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2107
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2721
  • Lot Size Sq Ft: 8000
  • Number Of Lots: 1
  • Status: Active
  • Co List Office Mls Id: MFR284509259
  • Co List Office Phone: 941-375-2456
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 252.79
  • Escrow State: FL
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 208.59
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-375-2456
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Window Treatments
  • Additional Rooms: Breakfast Room Separate,Den/Library/Office,Great Room,Inside Utility
  • Living Area Meters: 195.75

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0344G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Fence Restrictions
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association Name: Sunstate Association Management/Gina Fouquet
  • Phone: 941-870-4920
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Pet restrictions are in accordance with general Sarasota County Pet Regulations
  • Association Fee Requirement: Required
  • Association Email: gina@sunstatemanagement.com
  • Pet Size: Extra Large (101+ Lbs.)
  • Association URL: https://gulfviewestates.com/

Fee Information

  • Total Annual Fees: 350.00
  • Total Monthly Fees: 29.17
  • Monthly HOA Amount: 29.17

Schools

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

Lot Info

  • Zoning: OUE2
  • Parcel Number: 0471060025
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Level, Paved
  • Lot Dimensions: 80x100
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Property must be inspected monthly by owner or owner's rep.

Tax Info

  • Tax Annual Amount: 2367.87
  • Tax Book Number: 7-86
  • Tax Lot: 166

Multi Family

  • Approval Process: Tenant must be approved by management company prior to lease inception.

Map

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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 $2,270 $221,605
2024 $2,149 $215,360
2023 $2,149 $209,087 $0 $0
2022 $2,059 $202,997 $0 $0
2021 $2,025 $197,084 $0 $0
2020 $2,015 $194,363 $0 $0
2019 $1,931 $189,993 $0 $0
2018 $1,855 $186,450 $0 $0
2017 $1,860 $182,615 $0 $0
2016 $1,850 $224,100 $35,700 $188,400
2015 $1,878 $195,200 $36,000 $159,200
2014 $1,884 $173,602 $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
07/22/2026 07/22/26 Price Changed $439,500 -2.2% $209 / Sq Ft
05/19/2026 05/19/26 For Sale $449,500 -- $213 / 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
Interfamily Deed Transfer -- Attorney
Warranty Deed $345,800 Attorney
Deed -- Attorney
Warranty Deed $352,900 Chelsea Title Company
Warranty Deed $42,000 --
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
Previous Owner $282,320 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Eric Martell P.A

MEDWAY REALTY

(941) 340-2383

Section Image

Meet Eric & Sally Martell – Your Partners in Venice and Vicinity Real Estate

As a husband-and-wife team, Eric and Sally Martell know that buying or selling a home is more than a transaction—it’s a life-changing experience. With decades of combined experience and thousands of successful sales, they’ve helped families, retirees, and first-time buyers make their moves with confidence and ease.

What sets Eric and Sally apart is their personal approach. They listen, they care, and they

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Source: Stellar MLS

MLS Number: N6144241

Stellar MLS

APN: 0471-06-0025

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