Residential Property - Single Family Residence in Venice
Listing Price: $399,999
Description of Property
Completely Renovated | Dividable Double Lot | Assumable Low-Rate Financing | Move-In Ready This fully renovated home is perfect for your primary residence or a high-income investment property. Situated just 1,000 feet from the deeded beach and ferry, it offers the rare combination of location, value, and versatility. Cap rate 6.25 -10.5 added flex sqft, 2–3 bedrooms, 2 baths – fully air-conditioned, including the four-season porch Pet-ready & move-in ready – fenced backyard with shed and lemon tree Dividable double lot – one lot cleared and ready to build, valued $80–95K; total land value $196K (see local comps sft$) leaves house valued at $204,000. An impossible to build equal price. Assumable 2.75 interest mortgage – 25-year term with $170K balance No HOA, no water/septic bills – enjoy freedom and low overhead Never flooded – peace of mind in a prime coastal location Prime beach access – deeded beach just 1,000 feet away with nearby ferry Nearby Intracoastal Waterway launch – perfect for boating and water recreation, just down the street Selling vacant, Furnished option Why This Home Stands Above the Rest: Unlike nearby lower-priced homes, 1488 Jupiter Road offers a fully renovated, move-in ready residence on a dividable double lot—one lot already cleared and valued at $80–95K. You’re not just buying a house; you’re getting extra land, prime location, and low-cost, assumable financing at 2.75percent interest 170K/25yrs. No HOA, no water/septic bills, never flooded, just 1,000 feet to deeded beach, ferry, and Intracoastal Waterway access. You can’t build this combination of home, lot, and location for this price—even if you already owned the land.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Venice
County: Sarasota
Subdivision: South Venice
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 997
Sq. Ft. Living Area: 997
Cost per (heated) sqare foot: $401
Year built: 1991
Annual Tax: $2,540
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Washer
Accessibility Features: Accessible Full Bath
Window Features: Window Treatments
Additional Rooms: Bonus Room
Flooring: Vinyl
Schools
Elementary School: Venice Elementary
Middle/Junior High School: Venice Area Middle
High School: Venice Senior High
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Architectural Style: Traditional
Construction: Block
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Patio & Porch Features: Screened
Security Features: Touchless Entry
Other Structures: Shed(s)
View: Trees/Woods
Fencing: Chain Link
Sewer: Septic Tank
Water Source: Well
Community Features: Tennis Court(s)
Lot Information
Lot Features: Near Public Transit
Lot Size (acres): 0.37
Lot Size (sq. ft.): 16,000 square feet
Road Frontage: Street Paved
Front Exposure: South
Legal Description & Other Information
Financing Available: VA Loan
Parcel Number: 0457020037
Zoning: RSF3
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20
Section: 32
Range: 19
Listing courtesy of PREFERRED SHORE LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.