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501 Venice Ave W
Venice, FL 34285

13 Units "On the Island" Venice Florida · Multifamily Property For Sale · 13 Units

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype
Apartment
  • Hospitality Hotel
Apartment Style Low Rise
Building Class C
Lot Size 0.58 AC
Building Size 8,927 SF
No. Stories 2
Year Built 1959
Parking Ratio 10/1,000 SF

Unit Amenities

  • Air Conditioning
  • Microwave
  • Kitchen
  • Oven
  • Grill
  • Smoke Free

Site Amenities

  • Business Center
  • Courtyard
  • Laundry Facilities
  • Pool
  • Property Manager on Site
  • Community-Wide WiFi

About 501 Venice Ave W , Venice, FL 34285

The Multifamily Firm is proud to present the exclusive right of sale for the Venice Beach Villas in Venice Florida. Venice Beach Villas is an owner manager 13-unit vacation rental/hotel that has consistently generated an astonishing $495,000 per year in gross income; year over year for the last 5 years! The property is rated by Trip Advisor as the #2 hotel in Venice Florida is located on the Downtown Venice “main strip” of Venice Avenue; just west of all the popular retail destinations. The property features 13 total units, in 3 masonry buildings, on 1 parcel of land. The property also features a favorable unit mix of One, large 2 bedroom / 2 bathroom unit, Three, 2 bedroom / 1 bathroom units, Seven, 1 bedroom / 1 bathroom units, and Two, studio/efficiency units. Venice Beach Villas is equipped with a check-in office for greeting guests, a BBQ/grilling patio, complimentary beach bicycles, and a large heated in-ground pool.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0176-08-0002
Land Assessment
$780,000
Improvements Assessment
$922,200
Total Assessment
$1,702,200

zoning

Zoning Code RMF-4
RMF-4
  • Listing ID: 16476799

  • Date on Market: 6/28/2019

  • Last Updated:

  • Address: 501 Venice Ave W, Venice, FL 34285

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