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Investor Opportunity - Updated Duplex in Venice Gardens | 8.9% Cap Rate | Portfolio Deal Available |Both sides are rented with annual tenants. Looking for a smart place to park your money? Skip the stock market and invest in a steady income stream with this fully occupied 2-unit duplex in sought-after Venice Gardens"”offering a strong 8.9% cap rate and no rental restrictions. Each side features 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent upgrades include a new roof, updated flooring, fresh paint, and modern vanities and fixtures"”making this a low-maintenance addition to your portfolio. The property generates $40,800 in annual gross income with minimal expenses of just $1,620, delivering a net operating income of $39,180. Utilities are individually metered for tenant accountability, and best of all, the property is not located in a flood zone. Block construction, public utilities, and a central location near beaches, shopping, and schools make this a dependable and desirable investment. Whether you're expanding your portfolio or planning to live in one side and rent the other, this duplex delivers reliable returns and long-term value. Currently, three of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal"”ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, and 544 Briarwood Road. Opportunities like this don't hit the market often"”act now!
| DAYS ON MARKET | 152 | LAST UPDATED | 10/7/2025 |
|---|---|---|---|
| TRACT | VENICE GARDENS | YEAR BUILT | 1972 |
| COMMUNITY | 34293 - Venice | COUNTY | Sarasota |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Garden Elementary |
|---|---|
| Jr. High School | Venice Area Middle |
| High School | Venice Senior High |
| PRICE HISTORY | |
| Prior to Sep 10, '25 | $440,000 |
|---|---|
| Sep 10, '25 - Oct 7, '25 | $420,000 |
| Oct 7, '25 - Today | $410,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 34293 - Venice |
| CONSTRUCTION | Block, Concrete |
| HEAT | Central |
| LOT | 8276 sq ft |
| LOT DIMENSIONS | 76x110 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | VENICE GARDENS |
| TAXES | 3894.87 |
| UTILITIES | Electricity Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Trees/Woods |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Rachel Tritschler, RE/MAX ALLIANCE GROUP, 941-954-5454
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/16/25 5:57 AM PST.
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