$675,000

Description

VENICE ISLAND DUPLEX | GENEROUS ONE-THIRD-ACRE LOT | WALK TO BEACH & HISTORIC VENICE DOWNTOWN! Discover an exceptional opportunity to own an income-producing duplex on Venice Island. Situated on an oversized 14,700-square-foot parcel, just a short stroll from Venice Beach and the shops, restaurants and charm of historic downtown Venice, this property offers both immediate rental income and exciting long-term possibilities. Each residence features a private entrance, two bedrooms, one bathroom, and an open-plan living area with a casual dining space adjoining the kitchen. From the living room, step out onto your own screened porch with attractive travertine flooring, providing a lovely spot to relax and enjoy the Florida lifestyle. Additional amenities include two covered parking spaces and a shared laundry/utility room with a convenient third bathroom. Outside, the landscaped grounds offer an abundance of space to relax, entertain or create an outdoor oasis. A lush backdrop of tall Areca palms provides excellent privacy along the rear boundary, while the expansive lawn offers ample room for recreation, a future swimming pool, or a thoughtfully designed outdoor living area, subject to applicable permits and approvals. Both residences are currently leased through mid-April 2027, providing established rental income from day one. Whether you're seeking a long-term investment, considering future seasonal rentals subject to local regulations, or envisioning the opportunity to occupy one residence while renting the other following expiration of the existing leases, this versatile property offers plenty of possibilities. The substantial lot may also appeal to buyers exploring future redevelopment, subject to City of Venice zoning requirements and approvals. An exceptional combination of location, land, income and future potential on beautiful Venice Island!