1488 JUPITER RD Venice, FL 34293
2 Beds
2 Baths
997 SqFt
Open House
Sat Apr 25, 11:00am - 2:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 997 sqft
Price per Sqft $371
Subdivision South Venice
MLS Listing ID A4659393
Bedrooms 2
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1991
Annual Tax Amount $2,540
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
Own near the Gulf with a rare 2.75 rate assumable mortgage (approx. $169K balance, ~$772/month P&I) offering substantial long-term savings compared to today's rates. MTI (mortgage,Taxes,Insurance)= +/- $1250 a month operating costs
This updated coastal home sits on an oversized 16,000 sq ft double lot just ~1,000 ft from deeded private beach ferry access and boat ramp, combining lifestyle, space, and future potential.
While public records reflect 997 sq ft, the Hidden value of this home offers approximately 1,500+ sq ft of fully air-conditioned living space (buyer to verify),A/C is in every sqft of home ,expanded bedroom, laundry area, and additional storage. A sunroom/enclosed porch w/ split a/c provides flexible space for relaxing, working, or hosting guests.
The interior has been remodeled for comfortable, move-in-ready living, with a flexible 2–3 bedroom layout and 2 full baths.
Key Value Add:
Oversized double lot with potential for a second cleared vacant buildable parcel 7000-8000sqft
Estimated additional lot value: $80K–$100K
Opportunity for future build, resale, or expanded use
Property Highlights:
16,000 sq ft double lot
Deeded private beach access (via ferry)
Boat ramp access
Space for RV and boat parking
Fenced yard, fruit tree, and storage shed
Public utilities (no well or septic)
No HOA | No CDD
Location:
Approx. 1,000 ft to private beach access
Convenient to shopping, dining, and coastal amenities
Strong rental appeal (buyer to verify local guidelines) Ppotential airbnb(others on street) seasonal or annual renter
store boats, trailers campers, Rv's on extra lot just like neighbors do.
Opportunities combining low-rate assumable financing, land value upside, and beach proximity are limited and can save you over $300,000 in interest versus a new 30yr 6 interest rate loan. Do the math 25yrs 169,000 at 2.75 interest rate assumable or 6 interest ratet 30yr w/about 80K down calculations. An obvious choice!
Location
State FL
County Sarasota
Community South Venice
Area 34293 - Venice
Zoning RSF3
Rooms
Other Rooms Bonus Room
Interior
Interior Features Accessibility Features, Cathedral Ceiling(s), Ceiling Fans(s), Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Other, Primary Bedroom Main Floor, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Flooring Hardwood, Luxury Vinyl, Tile, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Bar Fridge, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
Laundry Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
Exterior Feature Dog Run, Lighting, Private Mailbox, Rain Gutters, Shade Shutter(s), Sidewalk, Sliding Doors, Storage
Fence Chain Link
Community Features Association Recreation - Owned, Dog Park, Golf Carts OK, Park, Playground, Sidewalks, Tennis Court(s)
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Mini Sewer, Phone Available, Private
View City, Trees/Woods
Roof Type Shingle
Porch Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Cleared, Flood Insurance Required, FloodZone, City Limits, Near Public Transit, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Private, Well
Architectural Style Florida, Traditional
Unit Floor 1
Structure Type Block
New Construction false
Construction Status Completed
Schools
Elementary Schools Venice Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Assumable, Cash, Conventional, FHA, USDA Loan, VA Loan
Membership Fee Required None
Listing Terms Assumable, Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition None
Virtual Tour https://www.youtube.com/watch?v=OpEvWxoni08&t=5s
