1488 Jupiter Road, Venice, FL 34293

$365,000
2
BD
2
BA
997
SqFt

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List Price
$365,000
Status
Active
Days on Market
46
Price Change
▼ $10,000 1792521542
MLS#
A4705191
Property Style
Single Family
Year Built
1991
Bedrooms
2
Bathrooms
2
Living Area
997
Lot Size
16,000
Acres
0.37
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
South Venice
Community Name
South Venice
MLS Area Major
Venice

Property Description

JUST REDUCED $35,000 ($25,000 plus $10,000 more)! 2/2 on a 16,000 sq ft double lot. 1,000 ft to a deeded community private 1/3-mile Gulf beach and ferry. If you’ve been on the fence, As Is this price makes the decision for you. TAKE OVER THE 2.75 RATE MORTGAGE. Current P/I is under $800 a month. This 2/2 on TWO LOTS (16,000+ sq ft) in South Venice has an assumable mortgage with a 2.75 rate and 23+ years left, subject to lender approval and buyer qualification. Today’s rates are much higher, so the interest savings over a new loan can reach six figures over the life of the loan. Buyer to verify all loan terms with the lender. The assumption requires the cash difference between the loan balance (about $159K) and the purchase price, plus lender approval. The second lot cannot be separated while the assumable loan stays in place but "can" on a cash sale. Lot value is $90-95K for 8,000 sq ft, based on recent comps. Move-in ready. Pre-inspected, work done, selling AS-IS (form). Updated kitchen: 18 cabinets, granite counters, coffee bar New flooring throughout Flex 3rd bedroom or office, laundry room, lots of closets Keyless entry, 4-season porch and outdoor porch Space for a pool and pool house A/C everywhere under roof, NEW compressor (Sept) Roof 7.5 years old ECOwater system (2.5 years) with new filters and reverse-osmosis drinking water Appliances 6 months to 5 years old Concrete drive and RV/camper pad, fenced yard with dog door, easy-care landscaping Low monthly costs. NO HOA. NO CDD. Private well and septic, so no city water or sewer bill. Est. $1,500 +/- a month all in to own and live here (buyer to verify). Room to grow. The second lot (about 8,000 sq ft) is cleared with a shed and a lemon tree. Build a home, steel building, or 4-car garage, subject to zoning and permits. The South Venice lifestyle. Deeded private Gulf beach access. About 1,000 ft to the Intracoastal. Private ferry and boat-launch amenities. Close to restaurants, shopping, medical, and downtown Venice. Rent it your way. Long-term and seasonal rental potential. Short-term rentals require a 1-month minimum stay, a DBPR license for STR airbnb and compliance with county rental rules. Area rents range $2,100-$2,800 a month based on location and what it offers. Buyer to verify rental requirements and rents. airbnb are on the street so its a doable opportunity. NEW LOWEST PRICE. Agents, call us to set a showing today! Agent-owned property.

Additional Information

Taxes
$2623
Minimum Lease
1 Month
Maintenance Includes
None
Location
City Limits, Level, Oversized Lot, Paved
Community Features
Association Recreation - Owned, Deed Restrictions, Golf Carts OK, Park, Playground, Tennis Court(s)
Property Description
One Story
Zoning
RSF3
Interior Layout
Accessibility Features, Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Interior Features
Accessibility Features, Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Floor
Luxury Vinyl, Tile, Vinyl
Appliances
Bar Fridge, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer
Utilities
Cable Available, Electricity Connected, Phone Available, Water Connected
Heating
Electric
Air Conditioning
Central Air
Fireplace Description
Electric, Living Room
Exterior Construction
Block, Stucco
Exterior Features
Lighting, Rain Gutters
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Off Street, RV Access/Parking
Elementary School
Taylor Ranch Elementary
Middle School
Venice Area Middle
High School
Venice Senior High
Fences
Chain Link, Wood
Water Name
Gulf Of America
Water Extras
Boat Ramp - Private
Pets
Allowed
Flood Zone Code
AE
Parcel ID
0457020037
Legal Description
LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20

Listing courtesy of PREFERRED SHORE LLC. 941-999-1179

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