VENICE, FL 34285 716 Groveland AVENUE
$641,500
40 more
Presented By: WILLIAM RAVEIS REAL ESTATE with 941-867-3901. -
Beds • 5- Baths • 6
- SQFT • 2,495
Beds • 5
Baths • 6
SQFT • 2,495Home Details
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.
Presented By: WILLIAM RAVEIS REAL ESTATE with 941-867-3901. -
Interior Features for 716 Groveland AVENUE
Bedrooms
Total Bedrooms5
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NYes
Flooringtile, hardwood
Furnished Y/Nturnkey
Heating Y/NYes
Laundry Featuresinside
Total Stories1
General for 716 Groveland AVENUE
Additional Parcels Y/NNo
Additional Roomsinterior in-law suite w/private entry
Appliancesdishwasher, disposal, dryer, electric water heater, microwave, range, refrigerator, washer
Architectural Styleflorida
Attached Garage No
Building Area Unitssquare feet
Carport Y/NNo
Cityvenice
Community Featurespark, sidewalks
Construction Materialswood frame
Coolingcentral air, mini-split unit(s)
Countysarasota
Directionsnorth on tamiami trail, right on groveland, property on right
Elementary Schoolgarden elementary
Exterior Featuresdog run, sidewalk, storage
FULLfee simple
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
Full Baths6
Garage Y/NNo
HOAYes
Heatingcentral, electric
High Schoolvenice senior high
ILS Total SQFT795
ILS Under Air SQFT795
Interior Featuresceiling fan(s), high ceilings, living room/dining room combo, open floorplan, solid wood cabinets, split bedroom, stone counters, vaulted ceiling(s), walk-in closet(s)
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlots 17 & 18, blk 210, edgewood sec of venice
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet15000
Lot Size Unitssquare feet
MLS Area34285 - venice
Middle/Junior High Schoolstudent leadership academy
Minimum Leaseno minimum
ModificationTimestamp2025-01-21t00:36:45.050z
New ConstructionNo
Occupancy Typeowner
Other Structuresadditional single family home, guest house, shed(s)
Patio/Porch Featurescovered, deck, front porch, rear porch, screened, side porch
Pets Allowedyes
Pool Featuresheated, in ground, lighting, screen enclosure
Possessionnegotiable
Property Subtypesingle family residence
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteDescrip2+ bathrooms, 2+ bedrooms, detached (adu), kitchen, private entrance
STELLAR_InLawSuiteYNYes
Senior Community Y/NNo
Sewerpublic sewer
Spa Featuresheated
Standard Statusactive
Statusactive
Subdivision Namevenice edgewood sec of
Tax Annual Amount7713.5
Tax Lot17
Tax Year2023
Total Rooms3
Utilitiescable connected, electricity connected, public, sewer connected, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1925
Zoningrsf3
Exterior for 716 Groveland AVENUE
Building Area Total2951
Fencingfenced
Foundation Detailscrawlspace
Lot Featurescity lot, oversized lot
Lot Size Acres0.34
Lot Size Area15000
Open Parking Y/NYes
Parking Featuresdriveway, on street, oversized, parking pad, rv parking
Private PoolYes
Road Surface Typeasphalt
SpaYes
Vegetationmature landscaping
Water Sourcepublic
Additional Details
Price History
Schools
Elementary School
Garden Elementary
High School
Venice Senior High
Middle School
Student Leadership Academy Middle School
