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Sold for $1,490,000 on 07/10/25
  • $1,490,000

    701 W Venice Ave, Venice, FL 34285

    10beds
    8baths
    7,422sqft
    Quadruplex, Multi Family
    Built in 1980
    -- sqft lot
    $1,707,800 Zestimate®
    $201/sqft
    $1,450 Estimated rent

    What's special

    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: 7 hours ago

    Listing updated: July 10, 2025 at 09:51am

    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
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,707,800

    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

    $1,707,800