712 E Venice AVENUE, Venice, FL, 34285 | $2,400,000

Opportunity to acquire this rare and outstanding office owner/occupier investment opportunity, with cash flow during the holding period and/or various stages of redevelopment. Ideal for multiple medical uses, such as clinics, surgery centers, urgent care offices, retail, and multifamily residential (18 units per acre). The portfolio includes the following properties:
718 E. Venice Avenue, Venice, FL.
722 E. Venice Avenue, Venice, FL.
728E. Venice Avenue, Venice, FL.
The location is prime for the Venice Christmas Boat Parade, the Venice Holiday Parade, shopping and dining, craft festivals, the Venice Theater, the Venice Performing Arts Center, the library, the art center, and let us not forget our world-famous beaches, minutes away with spectacular sunsets that never disappear. Venice, Florida, might be the perfect destination if you’re looking for a warm and sunny escape from the harsh winter months. However, for those who have never been to Florida or the Gulf Coast, the location of Venice may be a bit of a mystery. In this blog, we’ll cover where Venice, Florida, is, what makes it unique, and why it’s a top destination for winter vacationers.

Firstly, let’s talk about where exactly Venice, Florida, is. Venice is a city on Florida’s southwest coast in Sarasota County. It’s situated on the Gulf of Mexico and is located south of the Tampa Bay Area and north of Fort Myers. Venice is a part of the Sarasota-Bradenton-Venice Metropolitan Statistical Area, a popular area for tourists and snowbirds.

What makes Venice unique is its beautiful light-sand beaches and canals. Venice is known as “The Shark Tooth Capital of the World” due to its abundance of shark teeth that wash up on the beaches. Venice is also home to the Venetian Waterway Park, a scenic trail that follows the Intracoastal Waterway. The city’s historic downtown offers an array of unique shops, restaurants, and attractions.

Venice is a popular destination for winter vacationers because of its mild climate and endless opportunities for outdoor activities. Winter temperatures in Venice typically range from the low 60s to the mid-70s, making it an ideal location to escape the cold. Visitors can enjoy swimming, boating, fishing, golfing, and hiking.

Venice, Florida, is a hidden gem on Florida’s Gulf Coast, offering endless possibilities for winter vacationers. Whether searching for a peaceful beach vacation or an active outdoor adventure, Venice has something to offer everyone. With its mild climate, unique attractions, and a plethora of rental options, Venice is a top choice for snowbirds looking to escape the winter cold and find themselves in Florida paradise!

Features

  • Property Type: Retail
  • Construction: Block, Stucco
  • Cooling: Central Air
  • Year Built: 1969
  • Acreage: 0.26
  • Est. Taxes: $6,684
  • MLS#: N6131233
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/N6131233/712eveniceavenue_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/20/2024 4:32:03 PM)
Listing courtesy of RE/MAX PALM REALTY OF VENICE   Phone: 941-451-2025

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

712 E Venice AVENUE, Venice, FL, 34285

$2,400,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,920,000 $1,920,000 $1,920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.903% 7.014% 7.041%
Monthly Tax Payment $557 $557 $557
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,098 $12,613 $17,124
Total Monthly Payment $13,780 $13,295 $17,806

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.