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421-425 Menendez, Venice, FL – $1,260,000

  • $1.3M Price
  • 7,292 Sqft
  • 228 DOM
  • $1.3M Price
  • 7,292 Sqft
  • 228 DOM

421-425 Menendez

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$1,260,000
  • Bathrooms0.00
  • Square Footage7,292
  • Acres0.00
  • Year Built1964
  • TypeIncome
  • Sub-TypeMulti-Family
  • StatusSold

Community Information

  • Address421-425 Menendez
  • AreaVenice
  • SubdivisionGulf View Manor Replat Of Part
  • CityVenice
  • CountySarasota County
  • StateFL
  • Zip Code34285

Amenities

  • Parking Spaces8
  • # of Garages8
  • Garages5+ Car Carport
  • Community FeaturesGolf Carts OK, Sidewalk

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 Story, Mid-rise

Interior Features

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

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer

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
  • MiddleVenice
  • HighVenice

Additional Information

  • Days on Market228
  • ZoningRMF3
  • Taxes$13,026
  • Tax Year2018

Price Change History for 421-425 Menendez, Venice, FL (MLS® #N6101292)

Date Details Change
Price Reduced from $1,775,000 to $1,394,000 $381,000 (21.46%)
Price Reduced from $1,900,000 to $1,775,000 $125,000 (6.58%)

Listing provided courtesy of West Coast Realty Of Venice

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Listing data comes from My Florida Regional MLS.

Listing information last updated on April 7th, 2020 at 5:15am EDT.