NOT LISTED FOR SALE

720 Ocala St Venice, FL 34285

Estimated Value: $2,000,675 - $2,289,000

4 Beds
3 Baths
2,791 Sq Ft
$766/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $1,750,000 $627 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $13,242/month

2 Days on Market

Highlights

  • Boat Ramp
  • Water access To Gulf or Ocean To Bay
  • Fishing
  • Beach View
  • Public Beach
  • 5-minute walk to Calusa and Seminole People Monument

About This Home

As of June 2021

If you live here, you could wake up every morning to the smell and sound of the beach and waves. If you live here, you could walk over every morning, lay on the sand and take a swim in the turquoise waters of the Gulf of Mexico. If you live here, this paradise would be your home. This beautiful property stands feet away from the beach and is surrounded by palm trees and lush Florida vegetation, making it a tropical oasis. Enter the property (side entrance on Ocala) through a small wrought-iron gate door and stroll through the paved walkways around the house yielding an uncovered deck on the side. The double panel door welcomes you in. View the living and dining room area with tons of natural light. At the center stands the updated kitchen with solid wood cabinets, granite countertops and stainless steel appliances. The combined area is the perfect entertainment setting with ample space to enjoy with family and friends. To the left, a French door leads to an enclosed lanai, which leads to a large guest bedroom with an en-suite bath. Your guests will enjoy having a separate entrance through a cozy courtyard that the owners have used for very private dinners under the moonlight and star-filled nights. Two more guest bedrooms with full baths are located on the first floor. The staircase leads to the master bedroom, a luxurious and large suite with a full bath, a large bonus/exercise room with walk-in closet, a study, a small living room and best of all, a balcony with views of spectacular sunsets every evening. Once your family and friends discover your oasis on quaint and wonderful Venice island, this four-bedroom, three-bath home may never have a vacant moment. A charming place, a "good for the soul" place to enjoy life to the fullest. You will be very happy and fortunate to live here.

Last Agent to Sell the Property

Sandra Hachmann-Simic

PREMIER SOTHEBYS INTL REALTY License #3204129 Listed on: 05/08/2021

PREMIER SOTHEBYS INTL REALTY

Last Buyer's Agent

Mark Powers

CALL IT CLOSED INTL REALTY License #3419875

CALL IT CLOSED INTL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,965

Year Built

  • Built in 1951

Lot Details

  • 8,597 Sq Ft Lot
  • Public Beach
  • South Facing Home
  • Mature Landscaping
  • Corner Lot
  • Bamboo Trees
  • Property is zoned RSF2

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Beach
  • Partial Bay or Harbor

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,791 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Water access To Gulf or Ocean To Bay
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • Venice Gulf View Community
  • Venice Gulf View Sec Of Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,965

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2791
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 4384
  • Lot Size Sq Ft: 8597
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6115246?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6115246?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 10+
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.03245
  • Price per Sq Ft: 627.02
  • Close to Original List Price Ratio: 1.03245
  • Ratio: Current Price\Building Area Total: 399.18
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Window Treatments
  • Room Count: 11

Exterior Features

  • Direction Faces: South
  • Exterior Features: Balcony, French Doors, Lighting, Outdoor Shower
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Gulf Of Mexico
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Asphalt, Gravel
  • Water View: Beach, Gulf/Ocean - Partial
  • Water Access: Beach - Public, Gulf/Ocean to Bay
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Fiber Optics
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Golf Carts OK, Water Access
  • Association: No
  • Senior Community: Yes
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RSF2
  • Parcel Number: 0176060012
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, City Lot
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1 Month
  • Approval Process: No approval process necessary
  • Pet Restrictions: Unknown any pet restrictions. Check City of Venice.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See City of Venice

Tax Info

  • Tax Annual Amount: 13965.09
  • Tax Block: 28
  • Tax Book Number: 2-77
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 21, 2021
Sold by
Marks Alexandra M B and Sheridan Leo Martin
Bought by
Gfc Property Group Llc
Seller's Agent
Sandra Hachmann-Simic
PREMIER SOTHEBYS INTL REALTY
Buyer's Agent
Mark Powers
CALL IT CLOSED INTL REALTY
List Price
$1,695,000
Sold Price
$1,750,000
Premium/Discount to List
$55,000
3.24%
Current Estimated Value
$2,137,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,919
Avg. Annual Appreciation
4.44%

Purchase Details

Closed on
Sep 27, 2017
Sold by
Steitz George C
Bought by
Marks Alexandra M B and Sheridan Leo Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2010
Sold by
Maclara Lee
Bought by
Steitz George C

Purchase Details

Closed on
Feb 28, 2007
Sold by
Douglas Nelson E and Douglas Patricia B
Bought by
Maclara Lee

Purchase Details

Closed on
Sep 3, 2003
Sold by
Luplow Donald G and Luplow Shirley M
Bought by
Douglas Nelson E and Douglas Patricia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gfc Property Group Llc $1,750,000 Attorney
Marks Alexandra M B $1,060,000 Attorney
Steitz George C $690,000 Attorney
Maclara Lee $1,000,000 American United Title Co In
Douglas Nelson E $710,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marks Alexandra M B $410,000
Previous Owner Douglas Nelson E $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $1,750,000 +3.2% $627 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $1,695,000 -- $607 / 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
2025 $25,692 $1,641,400 $1,189,800 $451,600
2024 $24,860 $1,706,400 $1,184,700 $521,700
2023 $24,860 $1,634,000 $1,155,800 $478,200
2022 $24,460 $1,542,700 $1,145,000 $397,700
2021 $15,236 $943,100 $715,500 $227,600
2020 $13,965 $834,200 $634,800 $199,400
2019 $13,092 $783,100 $597,600 $185,500
2018 $13,581 $809,900 $617,600 $192,300
2017 $7,655 $491,454 $0 $0
2016 $7,378 $511,600 $283,100 $228,500
2015 $7,270 $478,000 $235,600 $242,400
2014 $8,683 $599,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6115246

Stellar MLS

APN: 0176-06-0012