716 Groveland Avenue
$695,000
5
6
2,495
2,495
$279
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.
- Listed by Anthony Capotosto • WILLIAM RAVEIS REAL ESTATE
Property Details for 716 Groveland Avenue
Architectural Style
Florida
Subdivision NameVENICE EDGEWOOD SEC OF
Township39S
WaterfrontNo
FurnishedTurnkey
LISTING UPDATED: 12/08/2024 06:47 AM
Property Details for 716 Groveland Avenue
Status | Active |
---|---|
MLS # | N6135798 |
Days on Market | 12 |
Taxes | $7,714 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1925 |
Lot Size | 0.34 AC / 15,000 SF |
County | Sarasota County |
Building Information for 716 Groveland Avenue
Stories1Year Built1925Building Size-Lot Size0.34 AC / 15,000 SF
Property Information for 716 Groveland Avenue
Property History for 716 Groveland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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