new - 3 days on rocket

716 Groveland Ave, Venice, FL, 34285

$695,000

Home List Price

$8,253*

Closing Credit

5 Bedrooms
6 Full Baths
2,495 SqFt
$279/SqFt
House

Location

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716 Groveland Ave, Venice$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street, Oversized, Parking Pad, RV Parking
Year Built1925
HeatingCentral, Electric
CoolingCentral Air, Zoned
Private PoolYes
MLS #N6135798
Lot Size0.34 Acres
StatusActive

About 716 Groveland Ave

Incredible Investment Opportunity, Over $60,000 In Rental Income In 2024. This unique property consists of a beautiful, Turnkey furnished main house and a 795 square foot guest house that is used for additional income. Over $70,000 in improvements have been made since 2022. The main house has 3 bedrooms, 4 bathrooms, a heated pool and spa, has been repiped in 2022, brand new hot water heater, a custom remodeled master bathroom, and freshly painted interior and wood beam rewraps. Currently being used as a seasonal rental with over a 70 percent occupancy rate. The guest house has a brand new roof, brand new A/C system, and 2 full bedrooms and bathrooms. just installed this year. Currently rented with a yearly lease with a $1,600 monthly rate, the lease does have a 60 day cancellation policy if the new owner doesn’t want to keep the tenant. Situated on an oversized lot, over a third of an acre, fully fenced in and located just minutes to Venice Island. The location cannot be more perfect. No HOA, No CDD. Rental history and income information is available upon request. Property is rented for the 2025 season and leases must be honored, great rental income right from the start. Call today for any additional information or to schedule your private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: Florida
  • Year Built: 1925
  • Stories: 1
  • Living Area: 2,495 SqFt

Listing Office:

  • Office Name: WILLIAM RAVEIS REAL ESTATE
  • Listing Agent: Anthony Capotosto

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Dog Run, Sidewalk, Storage

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street, Oversized, Parking Pad, RV Parking

Virtual/3D Tour

  • Virtual Tour: 716 Groveland Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Oversized Lot
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: North On Tamiami Trail, Right On Groveland, Property On Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $279/SqFt

Tax Information:

  • Annual Amount: $3,847
  • Tax Year: 2020
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Housing Market Comparison

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

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Venice, FL

City

Med. Sold Price

$450.1K

Med. Price/SqFt

$268

Avg. Days On Market

63

# of Sold Homes

150

716 Groveland Ave vs Venice

3 DAYS ON ROCKET

-60 Days

$695,000

+$244.8K More

$279/SqFt

+$10 More

KEY TAKEAWAY

This property is $244.8K more than the Median Sold Price and $10/SqFt more than other homes in Venice, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #N6135798

Listing Office:

  • Office Name: WILLIAM RAVEIS REAL ESTATE
  • Listing Agent: Anthony Capotosto

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: 12/11/2024, 6:19:53 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$3,847$269,400
2019$4,319$258,400
2018$3,828$228,300
2017$3,713$219,300

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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-1773359
9
/10

  • Venice Elementary School

  • 150 Miami Ave E

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-1773360
9
/10

  • Garden Elementary School

  • 700 Center Rd

  • 2.41 miles

  • Public District Grades PK-5

school-card-donut-1773361
8
/10

  • Taylor Ranch Elementary School

  • 2500 Taylor Ranch Trl

  • 5.77 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,347. Residents of Venice, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 716 Groveland Ave

What is the listing price of this property?

The listing price of 716 Groveland Ave property is $695,000.

What type of property is this?

The property 716 Groveland Ave is a house located in Venice, Florida, 34285.

Is this property for sale now?

Active Listing: 716 Groveland Ave 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 $3,847 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 716 Groveland Ave has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 716 Groveland Ave is 2,495 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716 Groveland Ave is 1925.

Rocket Homes›Florida›Sarasota County›Venice›34285›716 Groveland Ave

This home is located at 716 Groveland Ave in Venice, FL and zip code 34285. This 2,495 square foot home, which was built in 1925, sits on a 0.34 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 08, 2024 and is currently priced at $695,000.

Over 7 listings were sold over their listed price in November 2024 in Venice, FL. In the same period over 108 listings were sold below the listed price and 35 listings were sold for the listed price. The inventory of homes for sale in Venice, FL between October 2024 and November 2024 increased by 9.6%. Listings spent 63 days on the market in November 2024, and had a median list price of $450,149 during the same period.

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

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