1 year on rocket

558 Venice Ln, Sarasota, FL, 34242

$4,985,000

4 Bedrooms
4 Full Baths, 1 Partial
4,132 SqFt
$1,206/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingElectric
CoolingCentral Air
WaterfrontCanal
FireplaceLiving Room
ViewWater
Private PoolYes
MLS #A4589732
Lot Size0.21 Acres
StatusActive

About 558 Venice Ln

Pre-Construction. To be built. Award winning custom home builder Heritage Builders Welcomes you to this stunning coastal contemporary home located in Siesta Key. This two-level waterfront property offers the best in luxurious living, with four spacious bedrooms and four and a half baths. As you step inside, you are greeted by an open and bright foyer that leads to the grand room with vistas of the pool and waterfront. The first floor also features the primary bedroom, study, 2nd bedroom and a spacious open kitchen. The heart of the home is the open concept living area, where natural light floods in through large windows, creating a bright and airy atmosphere. Escape to the upper level, where you will find a VIP suite that exudes elegance and offers a private retreat with a balcony overlooking the Grand Canal. This level also boasts a spacious TV room perfect for movie nights or entertaining guests. Stay active and fit in the fitness/study or make a drink at the bar. Step outside to your own private oasis, featuring a sparkling pool and two deep balconies that offer views of Siesta Key's waterfront. This home is situated in a prime location, just moments away from the world-famous Siesta Key Beach, known for its pristine sandy shores and turquoise waters. Explore the vibrant local dining and shopping or indulge in outdoor activities such as boating, fishing, and paddleboarding. Don't miss out on the opportunity to own this exceptional waterfront home in Siesta Key. Experience coastal living at its finest and make this your own piece of paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Coastal, Contemporary
  • Year Built: 2024
  • Living Area: 4,132 SqFt

Listing Office:

  • Office Name: HB REALTY GROUP INC.
  • Office Phone: (941) 378-3983
  • Listing Agent: Nancy Gretz

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Cooler
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Ceiling Fans(s), Crown Molding, Elevator, High Ceilings, In Wall Pest System, Open Floorplan, Primary Bedroom Main Floor, Tray Ceiling(s), Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: Balcony, Irrigation System, Outdoor Kitchen, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Midnight Pass Road to Commonwealth Drive. 1st Right is Venice Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,985,000
  • Price Per SqFt: $1,206/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,479
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$515.5K

Med. Price/SqFt

$302

Avg. Days On Market

76

# of Sold Homes

297

558 Venice Ln vs Sarasota

386 DAYS ON ROCKET

+310 Days

$4,985,000

+$4.4M More

$1,206/SqFt

+$903 More

KEY TAKEAWAY

This property is $4.4M more than the Median Sold Price and $903/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4589732

Listing Office:

  • Office Name: HB REALTY GROUP INC.
  • Office Phone: (941) 378-3983
  • Listing Agent: Nancy Gretz

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,479$356,307
2019$4,329$348,296
2018$4,231$341,802
2017$4,212$334,772

History based on county public records data.

Payment Calculator

$24.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4231520
8
/10
  • Phillippi Shores Elementary School

  • 4747 S Tamiami Trl

  • 1.74 miles

  • Public Magnet Grades PK-5

school-card-donut-4231521
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 2.25 miles

  • Public District Grades PK-5

school-card-donut-4231522
6
/10
  • Gulf Gate Elementary School

  • 6500 S Lockwood Ridge Rd

  • 3.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,115. The majority of Sarasota, FL residents have income between $100k-200k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 558 Venice Ln

What is the listing price of this property?

The listing price of 558 Venice Ln property is $4,985,000.

What type of property is this?

The property 558 Venice Ln is a house located in Sarasota, Florida, 34242.

Is this property for sale now?

Active Listing: 558 Venice Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,479 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 558 Venice Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 558 Venice Ln is 4,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 558 Venice Ln is 2024.
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Rocket Homes›Florida›Sarasota County›Sarasota›34242›558 Venice Ln

This home is located at 558 Venice Ln in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 4,132 square foot home, which was built in 2024, sits on a 0.21 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $4,985,000.

In November 2024 more than 12 listings in Sarasota, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 237 were sold below. Between October 2024 and November 2024, Sarasota, FL real estate market has seen increase in the number of listings by 9.7%. While the average time on the market in November 2024 was 76 days, the median list price was $515,531.

From Rocket Homes Real Estate and based on county public records data.

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