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.
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
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#: A4653742
Originating 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
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
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