#A4627450, Jose Rosado, Listing Office: UNITED NATIONS REALTY LLC
$7,618
closing credit¹
716 Groveland Ave Venice, FL 34285
Property details
About 716 Groveland Ave
Under contract-accepting backup offers. 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.
Highlights
(Pending)
Summary
- MLS Number: N6135798
- MLS Name: MFRMLS
- Office Name: WILLIAM RAVEIS REAL ESTATE
- Listing Agent: Anthony Capotosto
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Last updated on: 2/1/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$641,500
716 Groveland Ave
$7,618
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 08, 2022 | Home Sold | $535,550 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $507,000 | $7,713 |
2022 | $281,367 | $3,825 |
2021 | $273,172 | $3,825 |
2020 | $269,400 | $3,831 |
2019 | $258,400 | $4,319 |
2018 | $228,300 | $3,828 |
2017 | $219,300 | $3,713 |
History based on county public records data.
Nearby schools
9
Venice Elementary School
Public District PK-5
0.5 mi
•150 Miami Ave E
9
Garden Elementary School
Public District PK-5
2.4 mi
•700 Center Rd
8
Taylor Ranch Elementary School
Public District PK-5
5.8 mi
•2500 Taylor Ranch Trl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,347. The majority of Venice, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 716 Groveland Ave
This home is located at 716 Groveland Ave in Venice, FL and zip code 34285. This 2,495 square foot home, which was built in 1925, sits on a 0.34 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 8, 2024 and is currently priced at $641,500.
In January 2025 more than 4 listings in Venice, FL were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 138 were sold below. Between December and January 2025, Venice, FL real estate market has seen increase in the number of listings by 21.8%. The median list price of listings available in January 2025 was $449,810, while the average time on the real estate market was 87 days.