UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 7,422 sqft
Price per Sqft $241
Subdivision Venice Gulf View Sec Of
MLS Listing ID A4653742
Bedrooms 10
Construction Status Completed
HOA Y/N No
Year Built 1980
Annual Tax Amount $12,970
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Quadruplex
Source Stellar MLS
Property Description
Welcome to 701 W Venice Avenue—an exceptional multifamily property ideally located just one block from Venice Beach and a short stroll to historic downtown Venice. Rarely does a location offer this level of convenience, charm, and income potential in the heart of Venice Island.
Situated on a prime beach-side corner lot, this updated and well-maintained fourplex offers four private-entry units, each with separate water and electric meters.
Unit Breakdown:
• Unit A – 2 bedrooms, 2 baths, approx. 1,129 SF
• Unit B – 2 bedrooms, 2 baths, approx. 1,578 SF
• Unit C (Owner's Unit) – 4 bedrooms, 2.5 baths, approx. 3,013 SF
• Unit D – 2 bedrooms, 2 baths, approx. 1,578 SF
All units feature:
• Porcelain tile flooring
• In-unit washers and dryers
• Private entrances and screened outdoor living spaces (lanai or balcony)
Unit C stands out as the owner's residence or premium rental, offering expansive living areas, a large screened lanai, level 3 granite countertops, and premium finishes throughout—truly lives like a single-family home.
Property Highlights:
• Zoned for daily, weekly, monthly, or annual rentals – full flexibility to maximize income
• New roof (2024), updated electrical panels, and three newer HVAC systems
• Hurricane shutters, enclosures, and private outdoor spaces for each unit
• Electric security gate leading to pavered parking for up to 7 vehicles, including covered spaces
• Professionally landscaped grounds with well-fed irrigation – no water cost for landscaping
To ensure peace of mind, the entire property has been professionally inspected by Peace of Mind Home Inspections, a trusted local company with over 30 years in business. The comprehensive inspection (valued at $2,000) has already been completed and paid for—offering transparency and confidence to any savvy investor.
Prime Beachside Corner Lot
Zoned for Short-Term Rentals
Turnkey, Fully Inspected Income Asset
This is truly one of the most desirable and versatile multifamily properties on Venice Island. Whether you're seeking a live-and-lease lifestyle or looking to generate high-income returns, 701 W Venice Avenue delivers unmatched value, luxury, and location.
Don't miss your chance to own this rare, income-ready gem just steps from the sand.
Location
State FL
County Sarasota
Community Venice Gulf View Sec Of
Area 34285 - Venice
Zoning RMF4
Interior
Interior Features Ceiling Fans(s), Coffered Ceiling(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Tile
Fireplaces Type Wood Burning
Fireplace true
Appliance Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
Laundry Inside, Laundry Room
Exterior
Exterior Feature Hurricane Shutters, Lighting, Sliding Doors, Storage
Parking Features Assigned, Golf Cart Parking
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
View Y/N Yes
Roof Type Membrane
Porch Covered, Patio, Screened
Garage false
Private Pool No
Building
Lot Description Corner Lot
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete,Stucco
New Construction false
Construction Status Completed
Schools
Elementary Schools Venice Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
