- 10 beds
- 8 baths
- 7,422 sqft
- 12,000 sqft lot
- $200 per sqft
- 1980 build
- – on site
More homes
Unmatched Island Investment Opportunity – Steps from Venice Beach & Downtown NO FLOOD ZONE - NO FLOOD DAMAGE - NEVER SEEN A LICK OF WATER - RARE OPPORTUNITY - ZONED RMF4 Welcome to 701 W Venice Avenue—an exceptional multifamily property ideally located just one block from Venice Beach and a short stroll to historic downtown Venice. Rarely does a location offer this level of convenience, charm, and income potential in the heart of Venice Island. Situated on a prime beach-side corner lot, this updated and well-maintained fourplex offers four private-entry units, each with separate water and electric meters. Unit Breakdown: • Unit A – 2 bedrooms, 2 baths, approx. 1,129 SF • Unit B – 2 bedrooms, 2 baths, approx. 1,578 SF • Unit C (Owner’s Unit) – 4 bedrooms, 2.5 baths, approx. 3,013 SF • Unit D – 2 bedrooms, 2 baths, approx. 1,578 SF All units feature: • Porcelain tile flooring • In-unit washers and dryers • Private entrances and screened outdoor living spaces (lanai or balcony) Unit C stands out as the owner’s residence or premium rental, offering expansive living areas, a large screened lanai, level 3 granite countertops, and premium finishes throughout—truly lives like a single-family home. Property Highlights: • Zoned for daily, weekly, monthly, or annual rentals – full flexibility to maximize income • New roof (2024), updated electrical panels, and three newer HVAC systems • Hurricane shutters, enclosures, and private outdoor spaces for each unit • Electric security gate leading to pavered parking for up to 7 vehicles, including covered spaces • Professionally landscaped grounds with well-fed irrigation – no water cost for landscaping To ensure peace of mind, the entire property has been professionally inspected by Peace of Mind Home Inspections, a trusted local company with over 30 years in business. The comprehensive inspection (valued at $2,000) has already been completed and paid for—offering transparency and confidence to any savvy investor. Prime Beachside Corner Lot Zoned for Short-Term Rentals Turnkey, Fully Inspected Income Asset This is truly one of the most desirable and versatile multifamily properties on Venice Island. Whether you’re seeking a live-and-lease lifestyle or looking to generate high-income returns, 701 W Venice Avenue delivers unmatched value, luxury, and location. Don’t miss your chance to own this rare, income-ready gem just steps from the sand.
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Last updated Jul 10, 2025
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MLS# A4653742 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Concrete
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Roof:Membrane
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Foundation Details:Slab
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Patio And Porch Features:Covered
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Security Features:Security Gate
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Unit Number:C
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# of Buildings:1
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Building Area Units:Square Feet
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Carpet
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Fireplace:true
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Fireplace Features:Wood Burning
Room Dimensions
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Living Area:7422
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:From I-75 South; Take the Exit toward FL-681 - stay in the left lane to continue on FL-681 in about 2.7miles at Left at the Fork, follow signs for US41S/Venice/Gulf Beaches and merge onto US 41 S/N Tamiami Trail go for about 3.3 miles following N Tamiami Tr to W Venice Ave - use the right lanes to turn slightly onto N Tamiami Tr (signs for US 41 Business S/Venice) For .7miles turn right onto W Venice Ave. Make Sharp Left to stay on W Venice Ave - to #701 will be on your right hand side.
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Latitude:27.099472
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Longitude:-82.457446
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Coordinates:-82.457446, 27.099472
The Property
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Parcel Number:0176030020
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Completed
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Property Attached:true
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Lot Features:Corner Lot
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Lot Size Acres:0.28
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Lot Size Area:12000
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Lot Size SqFt:12000
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Lot Size Units:Square Feet
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Total Acres:1/4 to less than 1/2
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Zoning:RMF4
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View:false
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Exterior Features:Hurricane Shutters
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12115C0327F
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Additional Parcels:false
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Homestead:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (941) 929-3183
- Office phone:
- (941) 803-7522
Taxes
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Tax Year:2024
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Tax Lot:16
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Tax Block:29
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Tax Legal Description:CASA DI COSTA LOT 16 BLK 29 GULF VIEW SEC OF VENICE OR 466-126
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Tax Book Number:2-77
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Tax Annual Amount:$12,970.38
Beds
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Bedrooms Total:10
Baths
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Total Baths:8
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
Schools
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Elementary School:Venice Elementary
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Middle Or Junior School:Venice Area Middle
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High School:Venice Senior High
The Community
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Subdivision Name:VENICE GULF VIEW SEC OF
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Senior Community:false
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Waterview:Gulf/Ocean - Partial
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Waterview:true
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Water Access:false
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Waterfront:false
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Pool Private:false
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Association:false
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Ownership:Fee Simple
Parking
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Garage:false
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Carport:true
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Carport Spaces:1
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Covered Spaces:1
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Parking Features:Assigned
Extra Units
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Other Structures:Shed(s)
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/10/25
Jul 10, 2025
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Sold | STELLAR_MLS | $1,490,000 | -16.8% |
6/10/25
Jun 10, 2025
|
Pending | STELLAR_MLS | $1,790,000 | |
6/6/25
Jun 6, 2025
|
Listed / Active | STELLAR_MLS | $1,790,000 |