Venice, FL 34285,1400 THE RIALTO
Venice, FL 34285,1400 THE RIALTO
Venice, FL 34285,1400 THE RIALTO
80
$2,000,000
$2,300,000
13.0%
Est.Price: ?

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2,634 SqFt

1400 THE RIALTO Venice, FL 34285

Est. payment /mo
SOLD DATE : 04/11/2022

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Key Details

Sold Price $2,000,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,634 sqft

Price per Sqft $759

Subdivision Beach Manor

MLS Listing ID A4517503

Sold Date 04/11/22

Construction Status No Contingency

HOA Y/N No

Year Built 1958

Annual Tax Amount $5,936

Lot Size 0.300 Acres

Acres 0.3

Property Description

Venice Island Investment Opportunity! Meticulously maintained 12-unit apartment complex on the Island of Venice with additional vacant lot (which makes the entire property just under 1 acre). Just a few blocks to the beaches and close to the historic downtown Venice shopping district. 3 buildings are comprised of ten 1 BR/1 BA units and two studio/efficiency units. Six of the units are recently updated and come turn-key furnished (four of which have brand new HVAC split units) - short-term leases in place through March 2022. Six remaining units (three of which have recently been updated) are on month-to-month leases. Laundry facility & storage on-site. Patios and outdoor areas for sunbathing and relaxation. Plenty of off-street parking available for tenants. Fully occupied. No vacancies. The vacant lot is 0.24 acres and zoned RMF4/Residential multi-family (up to 18 units/acre). Great location! Call today for more details!

Location

State FL

County Sarasota

Community Beach Manor

Zoning RMF4

Interior

Interior Features Kitchen/Family Room Combo

Heating None

Cooling Wall/Window Unit(s)

Furnishings Partially

Fireplace false

Appliance Electric Water Heater, Microwave, Range, Refrigerator

Laundry Other

Exterior

Exterior Feature Fence

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Roof Type Built-Up

Porch Front Porch

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status No Contingency

Schools

Elementary Schools Venice Elementary

Middle Schools Venice Area Middle

High Schools Venice Senior High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Read Less


Stellar MLS
Listed by WILLS REAL ESTATE LLC
Bought with THE RENTAL COMPANY OF VENICE

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Tracey Todd

Advisor | SLSL3407611

+1(904) 495-5612

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