Listing Details for MLS #TB8363692 - 1465 Fundy Road, Venice, Fl 34293

Residential Property - Single Family Residence in Venice

Listing Price: $225,000Days on Market: 33

Description of Property

Opportunity abounds with this huge 4 lot parcel and 1965 mid-century modern classic home. Two buildable parcels in the heart of the desirable South Venice neighborhood, close to Shamrock Park and the Venice Yacht Club. .3 Beautiful and serene acres cleared, landscaped and fully fenced with large in-ground swimming pool on a quiet street with great neighbors. Original home is in need of repairs (Whole roof replacement (rafters, sheeting, shingles) HVAC and electrical repair due to storm wind damage) and is structurally sound, with all systems (septic, well, water treatment, plumbing, pool and pool systems, irrigation, etc.) in working order and ready to go. There are multiple possibilities with this excellent property: Repair the original house and enjoy the large in-ground pool, patio and lanai with fruit orchard, mature landscaping and fully fenced private paradise and an excellent investment. 50% rule applies if repairing the house. Build your dream home with tons of space for your boat and RV and take advantage of the existing swimming pool, utilities, hardscaping, landscaping and location. Build your dream home AND repair the original house. Original house has excellent rental potential at $3000+ per month or could be perfect as a guest house or office space. Or maybe you're a builder looking to maximize your investment by splitting the parcel, repairing the original house AND building a new on the second half of the property for resale or rental. This is a great opportunity to live and invest in a well established, desirable neighborhood with no restrictions or HOAs and to grab a deal on a property and a price you just don't find in Venice anymore. Property is being sold as-is. No trespassing or drop-bys, all showings must be scheduled. Several funding options exist for renovating disaster-affected properties; Disaster Loans 203(h), FHA Renovation Loans 203(k), Conventional Renovation Loans.The average asking price for a 2 bedroom/2 bath single family residence in this Zip code is $398,419. This single family residence is listed at about 56% of the average asking price. There are 24 2 bedroom/2 bath homes between $200,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »