$7,618

closing credit¹

716 Groveland Ave Venice, FL 34285

$641,500
5 beds
6 full
2,495 sqft
0.3 acres
$257 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral, Electric
StatusSale Pending
(Pending)
CoolingCentral Air, Zoned
Size2,495 sqft
Lot size0.34 Acres
Year built1925
ParkingDriveway, On Street, Oversized, Parking Pad, RV Parking
MLS #N6135798
Private poolYes

Summary

  • MLS Number: N6135798
  • MLS Name: MFRMLS
  • Office Name: WILLIAM RAVEIS REAL ESTATE
  • Listing Agent: Anthony Capotosto

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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bungalow-style home with a front yard

$641,500

716 Groveland Ave

$7,618

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 08, 2022
Home Sold
$535,550

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

28%
<35k
58%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
10%
Single, with Kids
32%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Pro BoxingPro Boxing
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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