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420 ARMADA RD S Venice, FL 34285
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Key Details
Sold Price $605,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,806 sqft
Price per Sqft $334
Subdivision Venice Gulf View Sec Of
MLS Listing ID A4509954
Sold Date 01/05/22
Construction Status Inspections
HOA Y/N No
Year Built 1950
Annual Tax Amount $3,330
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 65x125
Property Description
LOWEST Priced building on the Island, just two blocks from the beach. This Triplex is Perfectly located within walking distance to both the beach and Venice downtown dining & shopping. Units 1 and 2 have been beautifully renovated. The 3rd unit is currently rented. (Tenant will stay or vacate with notice)
Perfect investment with the option of living in the property full-time or seasonal right on the island while leasing out the additional two units. Let the property pay for itself while enjoying Venice Island. Unique Multifamily zoned property gives the opportunity to rent annually, seasonally, and would be an excellent Airbnb/VRBO cash flow machine without the restrictions of a residential residence. Additional garage space to keep bikes, kayaks, and toys as well as boat parking. No HOA/ Deed restrictions. No Flood insurance is required, in flood zone X.
Location
State FL
County Sarasota
Community Venice Gulf View Sec Of
Zoning RMF3
Direction S
Interior
Interior Features Kitchen/Family Room Combo, Walk-In Closet(s)
Heating Other
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Sidewalk
Parking Features Assigned, On Street, Open
Garage Spaces 1.0
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Membership Fee Required None
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE
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