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Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
1,746
Cash-Flowing Corner Duplex in Venice Gardens-9.0% Cap Rate- Turnkey investment opportunity with strong returns in one of Venice’s most desirable rental pockets. This income-producing duplex in Venice Gardens offers a 9.0% cap rate, no rental restrictions, and long-term tenants already in place, making it a rare low-maintenance cash-flow property in today’s market. The property generates $41,400 in annual gross income, with an estimated net operating income of $39,780 and annual expenses of only $1,620, a high-performing asset built for investors looking for immediate, reliable returns from day one.Built with durable block construction and situated on a corner lot outside the flood zone, this duplex offers both long-term stability and peace of mind. Each unit has separately metered utilities, and recent interior updates help support tenant retention and minimize future maintenance costs. One unit features 3 bedrooms and 1.5 baths, while the second unit offers 2 bedrooms and 1.5 baths, providing strong rental flexibility and upside for future value-add strategies. Whether you're looking to expand your rental portfolio or explore owner-occupancy while building equity, this property checks all the boxes. Income properties like this rarely come available, act fast.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
-
Patio and Porch Features
Covered, Rear Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.23
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$405,000
-
Tax Amount
$4,353.86
-
Sq. Footage
1, 746
-
Price/SqFt
$231
HOA
-
Association
No
School District
-
Elementary School
Garden Elementary
-
Middle School
Venice Area Middle
-
High School
Venice Senior High
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
1313
-
Water Source
Public
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Location
County
Sarasota
Elementary School
Garden Elementary
Middle School
Venice Area Middle
High School
Venice Senior High
Listing Courtesy of Rachel Tritschler , RE/MAX ALLIANCE GROUP
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Business Coach | Executive Sales Associate | Realtor®
Michael Graf
Call Michael today to schedule a private showing.
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