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.
Sold for $600,000
$600,000
716 Groveland Ave, Venice, FL 34285
5beds
2,495sqft
Single Family Residence
Built in 1925
0.34 Acres Lot
$559,500 Zestimate®
$240/sqft
$4,783 Estimated rent
Home value
$559,500
$504,000 - $621,000
$4,783/mo
Zestimate® history
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List your homeWhat's special
Heated pool and spaFreshly painted interiorBrand new roofOversized lotCustom remodeled master bathroom
Zillow last checked:
Listing updated:
Listed by:
Anthony Capotosto 941-586-2819,
WILLIAM RAVEIS REAL ESTATE 941-867-3901
Bought with:
Anthony Capotosto, 3417327
WILLIAM RAVEIS REAL ESTATE
Source: Stellar MLS,MLS#: N6135798
Originating MLS: Sarasota - Manatee
Originating MLS: Sarasota - Manatee
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 11x15
Kitchen
- Level: First
- Dimensions: 11x9
Living room
- Level: First
- Dimensions: 11x25
Heating
- Central, Electric
Cooling
- Central Air, Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Floorplan
- Flooring: Tile, Hardwood
- Has fireplace: Yes
Interior area
- Total structure area: 2,951
- Total interior livable area: 2,495 sqft
Property
Parking
- Parking features: Driveway, On Street, Oversized, Parking Pad, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch
- Exterior features: Dog Run, Sidewalk, Storage
- Has private pool: Yes
- Pool features: Heated, In Ground, Lighting, Screen Enclosure
- Has spa: Yes
- Spa features: Heated
- Fencing: Fenced
Lot
- Size: 0.34 Acres
- Features: City Lot, Oversized Lot
- Residential vegetation: Mature Landscaping
Details
- Additional structures: Residence, Guest House, Shed(s)
- Parcel number: 0410120068
- Zoning: RSF3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Metal
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Park, Sidewalks
- Pet fee: $0 monthly
- Subdivision: VENICE EDGEWOOD SEC OF
HOA
- Has HOA: No
Location
- Region: Venice
Financial & listing details
- Price per square foot: $240/sqft
- Annual tax amount: $7,713
- Date on market: 12/7/2024
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 19200
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2025 | Sold | $600,000-6.5%$240/sqft |
Source:  Stellar MLS #N6135798 Report a problem | ||
| 1/29/2025 | Pending sale | $641,500$257/sqft |
Source: Stellar MLS #N6135798 Report a problem | ||
| 1/21/2025 | Price change | $641,500-1.2%$257/sqft |
Source: Stellar MLS #N6135798 Report a problem | ||
| 1/1/2025 | Price change | $649,000-6.6%$260/sqft |
Source: Stellar MLS #N6135798 Report a problem | ||
| 12/8/2024 | Price change | $695,000+32.4%$279/sqft |
Source: Stellar MLS #N6135798 Report a problem | ||
| 8/3/2022 | Pending sale | $525,000$210/sqft |
Source: Stellar MLS #A4538318 Report a problem | ||
| 8/1/2022 | Price change | $525,000-6.3%$210/sqft |
Source: Stellar MLS #A4538318 Report a problem | ||
| 7/13/2022 | Price change | $560,000-2.6%$224/sqft |
Source: Stellar MLS #A4538318 Report a problem | ||
| 7/9/2022 | Price change | $575,000-4.2%$230/sqft |
Source: Stellar MLS #A4538318 Report a problem | ||
| 7/6/2022 | Listed for sale | $600,000$240/sqft |
Source: Stellar MLS #A4538318 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: East Venice Ave
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Nearby schools
GreatSchools rating
- 6/10Garden Elementary SchoolGrades: K-5Distance: 2.4 mi
- 7/10Venice Middle SchoolGrades: 6-8Distance: 5.1 mi
- 7/10Venice Senior High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Garden Elementary
- Middle: Student Leadership Academy
- 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
$559,500
Get a cash offer in 3 minutes
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Estimated market value
$559,500
- Florida
- Sarasota County
- Venice
- 34285
- East Venice Ave
- 716 Groveland Ave
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