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Holloway Realty
320 Parkside Drive, Venice, FL 34285
- $625,000
- 4
- BD
- 2
- BA
- 1,567
- SqFt
- List Price
- $625,000
- Status
- Active
- Days on Market
- 7
- MLS#
- A4710945
- Property Style
- Duplex
- Year Built
- 1953
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,567
- Lot Size
- 14,490
- Acres
- 0.33
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Bayshore Estates
- Community Name
- Bayshore Estates Unit 2
- MLS Area Major
- Venice
Property Description
VENICE ISLAND DUPLEX WITH CONFIRMED DUPLEX REBUILD RIGHTS | GENEROUS 1/3-ACRE CORNER LOT | MINUTES TO BEACH & HISTORIC DOWNTOWN! Discover an exceptional opportunity to own a spacious 14,490-square-foot corner parcel on Venice Island, offering established rental income and exciting redevelopment potential! Zoned RMF1 (Residential Multi-Family), the property permits duplex use by right, and the City of Venice has confirmed in writing that the existing structure may be demolished and replaced with a new two-unit duplex, subject to applicable building regulations, permitting and approvals. Enjoy the income today while considering the possibilities for tomorrow! Situated on a quiet street just minutes from historic Downtown Venice, shopping, dining and beautiful Gulf beaches, this property is located in desirable Flood Zone X, with no reported history of flooding or storm damage. Built in 1953, the duplex offers two residences, each featuring two bedrooms, one bathroom and classic terrazzo flooring. A circular pebble driveway, magnificent mature oak tree and generous outdoor space lend the property its distinctive Old Florida charm. Currently income-producing, the property provides immediate rental income with opportunities to enhance its value through thoughtful improvements. The existing building would benefit from updates, including a future roof replacement and electrical improvements, making it an appealing prospect for investors seeking a renovation project or buyers considering an entirely new vision for the site. With its generous corner-lot configuration, established multifamily zoning and desirable Venice Island location, this property offers a compelling combination of land, income and future possibilities! The owners are also selling a second duplex nearby at 309 Parkside Dr, Venice — see other listing.
Additional Information
- Taxes
- $8519
- Minimum Lease
- 1 Month
- Annual Gross Income
- 30600
- Location
- Corner Lot, In County, Level, Oversized Lot, Paved
- Community Features
- Street Lights, No Deed Restriction
- Property Description
- One Story
- Zoning
- RMF1
- Interior Layout
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
- Interior Features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor
- Floor
- Ceramic Tile, Concrete, Terrazzo
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
- Heating
- Electric, Reverse Cycle
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Garden, Private Entrance, Private Mailbox, Storage
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Garage Features
- Circular Driveway, Common, Driveway, Ground Level, Off Street, Oversized
- Pets
- Allowed
- Flood Zone Code
- X500
- Parcel ID
- 0175090012
- Legal Description
- LOT 1, BLK E, BAYSHORE ESTATES UNIT 2
Listing courtesy of FINE PROPERTIES. 941-782-0000
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