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Sold for $1,490,000
  • $1,490,000

    701 W Venice Ave, Venice, FL 34285

    10beds
    8baths
    7,422sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $1,447,400 Zestimate®
    $201/sqft
    $1,658 Estimated rent

    Home value

    $1,447,400

    $1.30M - $1.61M

    $1,658/mo

    Zestimate® history
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    What's special

    Large screened lanaiPremium finishesElectric security gateUpdated and well-maintained fourplexPrivate-entry unitsPrime beachside corner lotWell-fed irrigation
    Unmatched 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.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Derek Edwards 941-929-3183,

    KELLER WILLIAMS ON THE WATER S 941-803-7522

    Bought with:

    Gabi Charity, 3168133

    CHARITY & WEISS INTERNATIONAL LLC

    Source: Stellar MLS,MLS#: A4653742MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Coffered Ceiling(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Tile
    • Doors: Sliding Doors
    • Windows: Hurricane Shutters
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 7,422 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Golf Cart Parking
    • Carport spaces: 1
    Features
    • Patio & porch: Covered, Patio, Screened
    • Exterior features: Lighting, Storage
    • Has view: Yes
    • View description: Gulf/Ocean - Partial
    • Has water view: Yes
    • Water view: Gulf/Ocean - Partial
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 0176030020
    • Zoning: RMF4
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Slab
    • Roof: Membrane
    Condition
    • Completed
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Security Gate
    Location
    • Region: Venice
    • Subdivision: VENICE GULF VIEW SEC OF

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/10/2025Sold$1,490,000-16.8%$201/sqft
    Source: Stellar MLS #A4653742 Report a problem
    6/10/2025Pending sale$1,790,000$241/sqft
    Source: Stellar MLS #A4653742 Report a problem
    6/6/2025Listed for sale$1,790,000-48.1%$241/sqft
    Source: Stellar MLS #A4653742 Report a problem
    7/11/2024Listing removed$3,450,000$465/sqft
    Source: Stellar MLS #A4585552 Report a problem
    1/5/2024Listed for sale$3,450,000$465/sqft
    Source: Stellar MLS #A4585552 Report a problem
    12/18/2023Listing removed--
    Source: Stellar MLS #A4585552 Report a problem
    10/22/2023Listed for sale$3,450,000+86.5%$465/sqft
    Source: Stellar MLS #A4585552 Report a problem
    12/10/2014Listing removed$1,850,000$249/sqft
    Source: Cornerstone Real Estate Report a problem
    11/26/2014Listed for sale$1,850,000+315.7%$249/sqft
    Source: Cornerstone Real Estate Report a problem
    4/15/1994Sold$445,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,122 +8.9%$1,291,300 +7.9%
    2024$12,970 -4.3%$1,197,231 -1.6%
    2023$13,549 +3.6%$1,216,688 +9.9%
    2022$13,074 +52.6%$1,106,902 +42.7%
    2021$8,567 +9.8%$775,734 +6.8%
    2020$7,799 +12.6%$726,310 +7%
    2019$6,929 $678,747 -10%
    2018$6,929 -16.4%$753,806 +4.5%
    2017$8,291 +32%$721,448 -2.2%
    2016$6,282 $738,000 +14.5%
    2015$6,282 -15.5%$644,500 +2%
    2014$7,435 +2%$632,079
    2013$7,292 +24%$632,079 +6.7%
    2012$5,880 +0.3%$592,500 -0.8%
    2011$5,865 -39%$597,300 -3.6%
    2010$9,618 -25.2%$619,564 -2.2%
    2009$12,859 $633,602 -26.9%
    2008$12,859 -9.9%$866,495 -8%
    2007$14,268 $941,558 +19.1%
    2006-- $790,770 +26.3%
    2005-- $626,280 -4.6%
    2004$11,471 +4.3%$656,226 +5.5%
    2003$11,003 +20.4%$622,305 +21.7%
    2002$9,142 +17.1%$511,163 +12%
    2001$7,808 +8.6%$456,581 +8.2%
    2000$7,190 $421,851

    Find assessor info on the county website

    Neighborhood: The Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Venice Elementary
    • Middle: Venice Area Middle
    • High: Venice Senior High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,447,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,447,400