Sold

528 Briarwood Road, Venice, FL 34293

Beds
5
Baths
4
Sqft
2,484

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX ALLIANCE GROUP
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Overview

Cash-Flowing Corner Duplex in Venice Gardens-9.0% Cap Rate-
Turnkey investment opportunity with strong returns in one of Venice’s most desirable rental pockets. This income-producing duplex in Venice Gardens offers a 9.0% cap rate, no rental restrictions, and long-term tenants already in place, making it a rare low-maintenance cash-flow property in today’s market. The property generates $41,400 in annual gross income, with an estimated net operating income of $39,780 and annual expenses of only $1,620, a high-performing asset built for investors looking for immediate, reliable returns from day one.Built with durable block construction and situated on a corner lot outside the flood zone, this duplex offers both long-term stability and peace of mind. Each unit has separately metered utilities, and recent interior updates help support tenant retention and minimize future maintenance costs.
One unit features 3 bedrooms and 1.5 baths, while the second unit offers 2 bedrooms and 1.5 baths, providing strong rental flexibility and upside for future value-add strategies. Whether you're looking to expand your rental portfolio or explore owner-occupancy while building equity, this property checks all the boxes. Income properties like this rarely come available, act fast.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
4
Square feet
2,484
Lot size (acres)
0.23
Year built
1972

Utilities

Heating
Central
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$4,353.86

Public schools

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Sourced from: Stellar MLS MLS®#: A4660416 Last checked:

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