421-425 Menendez, Venice

$1,394,000

0 Beds
0 Baths
7,292 Sqft
0 Acres
8 Garages

REDUCED! VENICE ISLAND INVESTMENT OPPORTUNITY! Seldom does a project like this come around.....Gorgeous, Mediterranean-style 8-unit apartment complex on the Island of Venice now available. Four blocks to the sands of Venice Beach, two blocks to the historic downtown Venice shopping district. Two(2) buildings consist of four(4) apartments in each building. Fully occupied, these 2 bedroom/1 bath units have been beautifully remodeled throughout, with granite kitchens, individual washer and dryers, and tile flooring. Carports line the rear of the project so the tenants have covered parking. Upstairs units feature balconies overlooking John Nolen Park, a lovely city-owned park named for Venice's founding city planner, John Nolen. Fully occupied, with no vacancies, this project is located in a premier spot on the Island of Venice. Rent rates are solid, and so are the tenants. They love it here! Financials available with confidentiality agreement. Call today for more details!

Essential Information
MLS® #N6101292
Price$1,394,000
Bathrooms0.00
Square Footage7,292
Acres0.00
Year Built1964
TypeResidential Income
Sub-TypeMulti-Family
StatusSold
Price Per Sqft$191
Community Information
Address421-425 Menendez
AreaVenice
SubdivisionGulf View Manor Replat Of Part
CityVenice
CountySarasota County
StateFL
Zip Code34285
Community FeaturesGolf Carts OK, Sidewalk
Pet Restrictions YNY
Pets Allowed YNN
Amenities
FeaturesGolf Carts OK, Sidewalk
Parking Spaces8
# of Garages8
Garages5+ Car Carport
Utilities

BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Street Lights, Water - Multiple Meters

Parking

Assigned, Covered, On Street, Open

View

Historic District, In City Limits, Sidewalk, Street Paved, Park View

Interior
InteriorCarpet, Ceramic Tile, Vinyl
HeatingCentral, Electric
CoolingCentral Air
StoriesOne, Mid Rise
Interior Features

Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters, Window Treatments

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer

Interior Layout

Inside Utility, Kitchen/Family Room Combo

Exterior
ExteriorBlock, Stucco
Lot Description1/4 Acre to 21779 Sq. Ft.
RoofShingle
Exterior Features

Balcony/Sun Deck, Sidewalk, Storage, Patio/Porch Covered

School Information
ElementaryVenice Elementary
MiddleVenice Area Middle
HighVenice Senior High
Additional Information
Days on Market228
ZoningRMF3
Normal SaleYes
Costs
Taxes$13,026
Tax Year2018

Listing information courtesy of West Coast Realty Of Venice.

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Listing data comes from My Florida Regional MLS.

Listing information last updated on June 3rd, 2020 at 2:45pm EDT.