Seller's Agent in 2025
Derek Edwards
KELLER WILLIAMS ON THE WATER S
(941) 929-3183
3 in this area
115 Total Sales
701 W Venice Ave Unit C Venice, FL 34285
10
Beds
8
Baths
7,422
Sq Ft
0.28
Acres
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
As of July 2025Unmatched Island Investment Opportunity – Steps from Venice Beach & Downtown NO FLOOD ZONE - NO FLOOD DAMAGE - NEVER SEEN A LICK OF WATER - RARE OPPORTUNITY - ZONED RMF4
Welcome 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 SF
All 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 landscaping
To 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 Lot
Zoned for Short-Term Rentals
Turnkey, Fully Inspected Income Asset
This 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.
Last Agent to Sell the Property
KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3363878 Listed on: 06/06/2025
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
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- Legal Lot and Block 16 / 29
- Assessor Parcel Number 0176030020
Community Details
Overview
- No Home Owners Association
- 4 Units
- Mid-Rise Condominium
- Venice Gulf View Sec Of Subdivision
Building Details
- Gross Income $223,676
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 6, 2025
Closed on
Jul 10, 2025
Sold by
Costa Lillian M
Bought by
Vinomada Hospitality Llc
Seller's Agent
Derek Edwards
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Gabi Charity
CHARITY & WEISS INTERNATIONAL LLC
List Price
$1,790,000
Sold Price
$1,490,000
Premium/Discount to List
-$300,000
-16.76%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,344
Avg. Annual Appreciation
-3.15%
Purchase Details
Closed on
Apr 14, 1994
Sold by
Cloutier Jacques
Bought by
Costa Joseph D and Costa Lillian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
7.47%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,490,000 | None Listed On Document | |
| Warranty Deed | $445,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $395,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $1,490,000 | -16.8% | $201 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | For Sale | $1,790,000 | -- | $241 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Derek Edwards
-
Gabi Charity
G
Buyer's Agent in 2025
Gabi Charity
CHARITY & WEISS INTERNATIONAL LLC
(941) 365-0022
1 in this area
57 Total Sales
Map
Source: Stellar MLS
MLS Number: A4653742
APN: 0176-03-0020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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