716 GROVELAND AVE, VENICE, FL, 34285
$641,500
Residential
|
Bedrooms
5
|
Bathrooms
6
|
Living Area
2,495 Sqft
|
Lot Size
15,000 Sqft
|
Incredible Investment Opportunity, Over $60,000 In Rental Income In 2024. This unique property consists of a beautiful, Turnkey furnished main house and a 795 square foot guest house that is used for additional income. Over $70,000 in improvements have been made since 2022. The main house has 3 bedrooms, 4 bathrooms, a heated pool and spa, has been repiped in 2022, brand new hot water heater, a custom remodeled master bathroom, and freshly painted interior and wood beam rewraps. Currently being used as a seasonal rental with over a 70 percent occupancy rate. The guest house has a brand new roof, brand new A/C system, and 2 full bedrooms and bathrooms. just installed this year. Currently rented with a yearly lease with a $1,600 monthly rate, the lease does have a 60 day cancellation policy if the new owner doesn’t want to keep the tenant. Situated on an oversized lot, over a third of an acre, fully fenced in and located just minutes to Venice Island. The location cannot be more perfect. No HOA, No CDD. Rental history and income information is available upon request. Property is rented for the 2025 season and leases must be honored, great rental income right from the start. Call today for any additional information or to schedule your private showing.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRN6135798 | Year Built: | 1925 | |
| Appliances: | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer | Architectural Style: | Florida | |
| Community Features: | Park, Sidewalks | Construction Materials: | Wood Frame | |
| Cooling: | Central Air, Mini-Split Unit(s) | Country: | US | |
| Direction Faces: | North | Exterior Features: | Dog Run, Sidewalk, Storage | |
| Fencing: | Fenced | Flooring: | Tile, Wood | |
| Foundation Details: | Crawlspace | Furnished: | Turnkey | |
| Heating: | Central, Electric | Laundry Features: | Inside | |
| Levels: | One | Listing Agreement: | Exclusive Right To Sell | |
| Listing Terms: | Cash, Conventional | Lot Features: | City Limits, Oversized Lot | |
| Occupant Type: | Owner | Other Structures: | Additional Single Family Home, Guest House, Shed(s) | |
| Parking Features: | Driveway, On Street, Oversized, Parking Pad, RV Parking | Patio And Porch Features: | Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch | |
| Pets Allowed: | Yes | Pool Features: | Heated, In Ground, Lighting, Screen Enclosure | |
| Possession: | Negotiable | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Surface Type: | Asphalt | |
| Roof: | Metal | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only, Combination Lock Box, ShowingTime | Spa Features: | Heated | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected | |
| Vegetation: | Mature Landscaping | Water Source: | Public | |
| Rooms | Rooms | |||
|---|---|---|---|---|
| Living Room: | 11x25 ft | Primary Bedroom: | 11x15 ft | |
| Kitchen: | 11x9 ft | |||
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