Views
Address
510 Parkdale MEWS, VENICE, FL
Price
$ 1,790,000
Property Attributes
  • MLS#A4610297
  • TypeIncome
  • CountySARASOTA
  • CityVENICE
  • AreaVenice
  • NeighborhoodBayshore Estates
  • Zip34285
  • StyleQuadruplex
  • Year Built1976
  • Taxes$ 10817
  • Price$ 1,790,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4530
  • Lot Size0.22 Acres
Data Source:
Stellar MLS
Property Description

$100k REDUCTION,TAKE ADVANTAGE OF THIS ONCE-IN-A-LIFETIME INVESTMENT OPPORTUNITY! The value is in the property land, and great location, step into island living at its finest with this magnificent quadruplex property located in gorgeous Venice, FL! This 4-unit INVESTMENT property boasts a total of 8 bedrooms and 8 bathrooms, and a communal laundry area making it the perfect investment for those seeking to rent out the units monthly annually, or seasonally. Located just steps away from the stunning Venice Beach and the vibrant downtown Venice area, this property offers endless possibilities for dining, shopping, and entertainment. This property is perfect for in-laws or extended families as well, with numerous upgrades that have been made over the past few years, totaling over $150K (paperwork available upon request). The bulk of these upgrades was for the renovation of Unit 506 in 2017 and the entire gable roof in 2021, plus the replacement of multiple water heaters and AC units, a few windows, etc. The main unit which the owners only lived in seasonally has been completely renovated & updated and also has a widow's walk where you can relax and take in sunsets. With a two-car carport and parking for an additional five cars, this property provides ample parking space for all your guests. And, with its close proximity to downtown Venice (just three blocks away), you'll be in the heart of the action in no time. Don't miss out on this amazing opportunity to own a piece of paradise! Contact us today to view this fantastic property! Rents are under current value and need to be raised.

Price History
5/13/2024 Listed $1,790,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Cable Connected,Electricity Available,Electricity Connected
Roof Shingle
Exterior Features Other
Zoning RMF1
Construction Materials Stucco,Vinyl Siding
Year Built 1976
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
County Sarasota
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BAYSHORE ESTATES
Garage Y/N No
Status Active
Directions From Tamiami Trail N,turn Right onto Tampa Ave,turn right onto Harbor Dr. N.,turn left unto Manatee Ct. right onto Narvaezi St.,turn left onto Narvaezi St.,turn right onto Parkdale Dr.
City VENICE
Buyer Agent Compensation 3%
Senior Community Y/N No
Total Units 4
MLS Area 34285 - Venice
Lot Size Square Feet 9602
Private Pool No
Waterfront Y/N No
Carport Spaces 2
Carport Y/N Yes
Street Name Parkdale
Listing Terms Cash,Conventional,FHA
Tax Annual Amount 10817
Public Remarks $100k REDUCTION,TAKE ADVANTAGE OF THIS ONCE-IN-A-LIFETIME INVESTMENT OPPORTUNITY! The value is in the property land,and great location,step into island living at its finest with this magnificent quad
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4610297
Days on Market 1
Standard Status Active
Tax Lot 5
Legal Description LOT 5 BLK E LESS PART IN PARKDALE EAST CONDO AS DESC IN CB 25/4 BAYSHORE ESTATES UNIT 2,BEING SAME LANDS AS DESC IN ORI 2023098430
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Blinds
Fireplace Y/N Yes
Street Suffix MEWS
Laundry Features Common Area
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 9602
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.22
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 34285

Price
AVG $1.04M
$1.79M
Taxes
AVG $7,188
$10,817
Visits
AVG 398
405
Data Provided by Inside Real Estate®
Year Built
AVG 1968
1976

Areas We Cover