NOT LISTED FOR SALE

907A Gibbs Rd Unit 7 Venice, FL 34285

Estimated Value: $350,763 - $454,000

2 Beds
2 Baths
966 Sq Ft
$502/ mo HOA Fee

Last Sold May 14, 2024

Last sale price $420,000 $435 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,079/month

163 Days on Market

Highlights

  • Assigned Boat Slip
  • Water access To Gulf or Ocean
  • Tile Flooring
  • Venice Elementary School Rated A
  • Property fronts an intracoastal waterway
  • 4-minute walk to Humphris Park

About This Home

As of May 2024

Welcome to your slice of paradise in Venice, Florida! This 2-bedroom, 2-bathroom villa is a dream investment opportunity, ideal for those looking to capitalize on the lucrative seasonal rental market. Nestled in a rarely available and exclusive small community, boasting just 11 units, this property offers privacy and tranquility in a sought-after location. The uniqueness of this community ensures limited competition, making it a standout investment for savvy buyers. One of the key features of this villa is its prime waterfront location. A new seawall enhances the property, providing not only protection but also a picturesque backdrop to your daily life. The 25-foot dock in the deep-water canal is a boater's delight, with direct access to the Gulf of Mexico and, notably, no bridges to navigate. Whether you enjoy boating, fishing, or simply appreciating the serene water views, this property caters to your waterfront lifestyle. Hurricane concerns are alleviated as there has been no damage to the property, offering peace of mind to both residents and investors. The villa is being sold turnkey, ensuring a seamless transition for the next owner. Capitalize on this prime rental period and secure your investment now. Don't miss out on the opportunity to own a piece of Venice's waterfront paradise. Whether you're an investor or looking for your own slice of seasonal paradise, this 2/2 villa with 2 parking spaces, a new seawall and dock is a rare find in a highly desirable location. Act fast and make this dream property yours today!

Last Agent to Sell the Property

Jennifer Lewis

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3426439 Listed on: 11/11/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Stephanie Jennings

COLDWELL BANKER REALTY License #3551285

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,861

Year Built

  • Built in 1964

Lot Details

  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • South Facing Home

HOA Fees

  • $502 Monthly HOA Fees

Property Views

  • Intracoastal
  • Full Bay or Harbor
  • Canal

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Assigned Boat Slip
  • Open Dock
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Sunshine Managed Associations Network Association, Phone Number (941) 484-7900
  • Tarpon Center Villas Community
  • Tarpon Center Villas Subdivision

Pet Policy

  • Pets up to 30 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,861

Year Built

Built in 1964

Lot Details

0.68 Acres

HOA Fees

$502 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 966
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1158
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 107.58
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 434.78
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 941-493-1000
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 89.74

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Concrete, Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean,Intracoastal Waterway
  • Water Extras: Assigned Boat Slip
  • Water View: Bay/Harbor - Partial,Canal,Intracoastal Waterway
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0327F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 1505
  • Association Fee Frequency: Quarterly
  • Association Name: Sunshine Managed Associations Network
  • Phone: 941-484-7900 x33
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Check with HOA for any restrictions.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 30
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Total Annual Fees: 6020.00
  • Total Monthly Fees: 501.67
  • Monthly HOA Amount: 501.67

Lot Info

  • Zoning: RMF4
  • Parcel Number: 0173124007
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with HOA for any lease restrictions

Tax Info

  • Tax Annual Amount: 4861
  • Tax Book Number: 1000-986
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Canal - Saltwater, Canal Front, Intracoastal Waterway
  • Approval Process: Application and approval required

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2023
Closed on
May 14, 2024
Sold by
Hill Lucinda Fontaine and Howard Andress
Bought by
Deep Water Venice Llc
Seller's Agent
Jennifer Lewis
COLDWELL BANKER REALTY
Buyer's Agent
Stephanie Jennings
COLDWELL BANKER REALTY
List Price
$585,000
Sold Price
$420,000
Premium/Discount to List
-$165,000
-28.21%
Views
747
Current Estimated Value
$402,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,809
Avg. Annual Appreciation
-2.31%

Purchase Details

Closed on
May 9, 2019
Sold by
Hill Lucinda Fontaine and Hill Howard Andress
Bought by
Hill Howard Andress and Hill Lucinda Fontaine

Purchase Details

Closed on
Apr 7, 2016
Sold by
Hill Lucinda Fontaine
Bought by
Hill Lucinda Fontaine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deep Water Venice Llc $420,000 None Listed On Document
Hill Howard Andress -- Attorney
Hill Lucinda Fontaine -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $420,000 -6.7% $435 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $450,000 -5.3% $466 / Sq Ft
03/02/2024 03/02/24 Price Changed $475,000 -4.0% $492 / Sq Ft
02/20/2024 02/20/24 Price Changed $495,000 -9.2% $512 / Sq Ft
11/17/2023 11/17/23 Price Changed $545,000 -6.8% $564 / Sq Ft
11/11/2023 11/11/23 For Sale $585,000 -- $606 / Sq Ft
Source: Stellar MLS

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 $5,141 $253,300 -- $253,300
2024 $5,118 $340,736 -- --
2023 $5,118 $375,400 $0 $375,400
2022 $4,861 $344,800 $0 $344,800
2021 $4,203 $256,000 $0 $256,000
2020 $4,200 $253,900 $0 $253,900
2019 $3,969 $253,200 $0 $253,200
2018 $3,448 $205,600 $0 $205,600
2017 $3,561 $210,300 $0 $210,300
2016 $3,603 $216,100 $0 $216,100
2015 $1,571 $198,700 $0 $198,700
2014 $1,560 $130,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6129476

Stellar MLS

APN: 0173-12-4007

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