$1,790,000
PENDING

701 W Venice Ave Unit C Venice, FL 34285

Estimated payment $11,015/month

Total Views 378
10 Beds
8 Baths
7,422 Sq Ft
$241 Price per Sq Ft

Highlights

  • Partial Gulf or Ocean Views
  • Open Floorplan
  • Corner Lot
  • Venice Elementary School Rated A
  • Main Floor Primary Bedroom
  • 1-minute walk to Calusa and Seminole People Monument

About This Home

Unmatched Island Investment Opportunity – Steps from Venice Beach & Downtown NO FLOOD ZONE - NO FLOOD DAMAGE - NEVER SEEN A LICK OF WATER - RARE OPPORTUNITY - ZONED RMF4Welcome to 701 W Venice Avenue—an exceptional multifamily property ideally located just one block from Venice Beach and a short stroll to historic downtown Venice. Rarely does a location offer this level of convenience, charm, and income potential in the heart of Venice Island.Situated on a prime beach-side corner lot, this updated and well-maintained fourplex offers four private-entry units, each with separate water and electric meters.Unit Breakdown: • Unit A – 2 bedrooms, 2 baths, approx. 1,129 SF • Unit B – 2 bedrooms, 2 baths, approx. 1,578 SF • Unit C (Owner’s Unit) – 4 bedrooms, 2.5 baths, approx. 3,013 SF • Unit D – 2 bedrooms, 2 baths, approx. 1,578 SFAll units feature: • Porcelain tile flooring • In-unit washers and dryers • Private entrances and screened outdoor living spaces (lanai or balcony)Unit C stands out as the owner’s residence or premium rental, offering expansive living areas, a large screened lanai, level 3 granite countertops, and premium finishes throughout—truly lives like a single-family home.Property Highlights: • Zoned for daily, weekly, monthly, or annual rentals – full flexibility to maximize income • New roof (2024), updated electrical panels, and three newer HVAC systems • Hurricane shutters, enclosures, and private outdoor spaces for each unit • Electric security gate leading to pavered parking for up to 7 vehicles, including covered spaces • Professionally landscaped grounds with well-fed irrigation – no water cost for landscapingTo ensure peace of mind, the entire property has been professionally inspected by Peace of Mind Home Inspections, a trusted local company with over 30 years in business. The comprehensive inspection (valued at $2,000) has already been completed and paid for—offering transparency and confidence to any savvy investor.Prime Beachside Corner LotZoned for Short-Term RentalsTurnkey, Fully Inspected Income AssetThis is truly one of the most desirable and versatile multifamily properties on Venice Island. Whether you’re seeking a live-and-lease lifestyle or looking to generate high-income returns, 701 W Venice Avenue delivers unmatched value, luxury, and location.Don’t miss your chance to own this rare, income-ready gem just steps from the sand.

Listing Agent

Derek Edwards

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3363878 Listed on: 06/06/2025

KELLER WILLIAMS ON THE WATER S

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,970

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 7,422 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Sliding Doors
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Parking

  • 1 Carport Space
  • Golf Cart Parking
  • 7 Assigned Parking Spaces

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mid-Rise Condominium
  • Venice Gulf View Sec Of Subdivision

Building Details

  • Gross Income $223,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,970

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 7422
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 12000
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From I-75 South; Take the Exit toward FL-681 - stay in the left lane to continue on FL-681 in about 2.7miles at Left at the Fork, follow signs for US41S/Venice/Gulf Beaches and merge onto US 41 S/N Tamiami Trail go for about 3.3 miles following N Tamiami Tr to W Venice Ave - use the right lanes to turn slightly onto N Tamiami Tr (signs for US 41 Business S/Venice) For .7miles turn right onto W Venice Ave. Make Sharp Left to stay on W Venice Ave - to #701 will be on your right hand side.
  • Status: Pending
  • Street Direction: W
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044707
  • RATIO Current Price By Calculate: 241.17
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Mid Rise
  • MFR_NumAssignedParkingSpaces: 7
  • Attribution Contact: 941-803-7522
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Street Number Modifier: 701
  • Living Area Meters: 689.53

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Hurricane Shutters, Lighting, Sliding Doors, Storage
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Gulf/Ocean - Partial
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-11-04
  • Flood Zone Panel: 12115C0327F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Golf Cart Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Building Name Number: 701

Fee Information

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

Schools

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

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0176030020
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1115

Green Features

  • Green Verification Count: 0

Rental Info

  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 223676
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 12970.38
  • Tax Block: 29
  • Tax Book Number: 2-77
  • Tax Lot: 16

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 $13,549 $1,197,231 -- --
2023 $13,549 $1,216,688 $0 $0
2022 $13,074 $1,106,902 $0 $0
2021 $8,567 $825,207 $0 $0
2020 $7,799 $750,091 $0 $0
2019 $6,929 $678,747 $0 $0
2018 $8,291 $753,806 $0 $0
2017 $7,355 $721,448 $0 $0
2016 $6,818 $738,000 $415,600 $322,400
2015 $6,282 $644,500 $299,300 $345,200
2014 $7,435 $632,079 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $1,790,000 -- $241 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $445,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,820 VA
Closed $286,800 VA
Closed $290,525 VA
Closed $331,953 Unknown
Closed $341,394 New Conventional
Closed $395,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4653742

Stellar MLS

APN: 0176-03-0020