716 Groveland Avenue

Venice, FL 34285

$695,000
Price
5
Beds
6
Baths
2,495 Sq. Ft.
$279 / Sq. Ft.
2,495
Sq. Ft.
$279
per Sq. Ft.

Description

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...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.
  1. Listed by Anthony Capotosto • WILLIAM RAVEIS REAL ESTATE

Property Details for 716 Groveland Avenue

Architectural Style
Florida
Subdivision Name
VENICE EDGEWOOD SEC OF
Township
39S
Waterfront
No
Furnished
Turnkey
LISTING UPDATED: 12/08/2024 06:47 AM

Property Details for 716 Groveland Avenue

StatusActive
MLS #N6135798
Days on Market12
Taxes$7,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1925
Lot Size0.34 AC / 15,000 SF
CountySarasota County

Building Information for 716 Groveland Avenue

Stories1Year Built1925Building Size-Lot Size0.34 AC / 15,000 SF

Property Information for 716 Groveland Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2951.0
  • Building Area Units: Square Feet
  • Community Features: Park, Sidewalk
  • Direction Faces: North
  • Directions: North On Tamiami Trail, Right On Groveland, Property On Right
  • Elementary School: Garden Elementary
  • Middle Or Junior School: Student Leadership Academy
  • High School: Venice Senior High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Venice Edgewood
  • Unit Number: No
  • Street Number: 716
  • Street Name: GROVELAND
  • Street Suffix: AVENUE
  • State: FL
  • City: VENICE
Parking
  • Attached Garage: No
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, On Street, Oversized, Parking Pad, RV Parking
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 210
  • Tax Book Number: 2-166
  • Tax Legal Description: LOTS 17 & 18, BLK 210, EDGEWOOD SEC OF VENICE
  • Tax Lot: 17
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: In City Limits, Oversized Lot
  • Parcel Number: 0410120068
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: RSF3
  • Living Area: 2495
  • ILS Total SQFT: 795.0
  • ILS Under Air SQFT: 795.0
Property and Assessments
  • Year Built Numeric: 1925
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 19E
  • Public Survey Section: 08
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Dog Run, Sidewalk, Storage
  • Fencing: Fenced
  • Foundation Details: Crawlspace
  • Levels: One
  • Other Structures: Additional Single Family Home, Guest House, Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch
  • Pool Dimensions: 13x27
  • Pool Features: Heated, In Ground, Lighting, Screen Enclosure
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Metal
  • Spa Features: Heated
  • Spa: Yes
  • Vegetation: Mature Landscaping
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 6
  • Additional Rooms: Interior In-Law Suite w/Private Entry
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 11x25
  • Room Flooring 1: Tile
  • Room Length 1: 25.0
  • Room Level 1: First
  • Room Type 1: Living Room
  • Room Width 1: 11.0
Room 2
  • Room Dimensions 2: 11x15
  • Room Flooring 2: Wood
  • Room Length 2: 15.0
  • Room Level 2: First
  • Room Type 2: Primary Bedroom
  • Room Width 2: 11.0
Room 3
  • Room Dimensions 3: 11x9
  • Room Flooring 3: Tile
  • Room Length 3: 9.0
  • Room Level 3: First
  • Room Type 3: Kitchen
  • Room Width 3: 11.0
Rental
Rental Information
  • Currency Monthly Rent Amt: $1,600.00
  • Days Notice To Tenant If Not Ren: 60 days
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 716 Groveland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 716 Groveland Avenue

Taxable ValueLand$106,700Additions$400,300Total$507,000
Tax Record2023$7,714 ($643 / month)
Home Facts
Baths2Total Finished SqFt1,713 SqFtAbove Grade Finished SqFt1,713 SqFtStories1Lot Size15,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Year Renovated1995ZoningRSF3CountySARASOTAAPN0410-12-0068Fireplace TypeHas Fireplace

Schools near 716 Groveland Avenue

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Garden Elementary School
PublicPK to 5

Venice Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Student Leadership Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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716 Groveland Avenue is a single family home for sale in Venice, FL 34285. This property was listed for sale on December 6, 2024 by WILLIAM RAVEIS REAL ESTATE, it's currently listed at $695,000. It has been on the market for a total of 12 days and was last sold on September 7, 2022. This listing's school district is Sarasota. Nearby schools include Garden Elementary School, Venice Middle School and Venice Senior High School. 716 Groveland Avenue is a 5-bed, 6-bath, 2,495 sqft single family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WILLIAM RAVEIS REAL ESTATE, Anthony Capotosto

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.