388 Flamingo Drive Venice, FL 34285
Listing Courtesy of: STELLAR / Gulf Shores Realty ERA Powered / Daniel Heschmeyer - Contact:  941-488-6644

  388 Flamingo Drive Venice, FL 34285

Pending (12 Days)
$550,000
2
BED
2
BATH
1,280
SQFT

Description

Under contract-accepting backup offers. We are in a multiple offer situation. All offers or revisions must be in writing and submitted before 6:00pm 12-10-24.Take advantage of this exceptional opportunity! Venice Florida Home “on the Island” for land value only.
This 2 bedroom, 2 bath home with a 40 ft long pool with sunny Southern exposure in Golden Beach, one of the most desirable neighborhoods in Venice. Membership in Golden Beach Association is optional. To take advantage of the private beach easement and enjoy other special membership benefits the annual fee is only $50.
This home sits on a large lot of over 11,000 sq. ft. and has an extra large one car garage (392 sq, ft.). The large screened lanai features a beautiful 40 ft. swimming pool and a huge deck area plus a sizable covered lanai.
You will enjoy the quiet setting and the private beach access and just a very short distance to the Gulf of Mexico. Prior to storm damage this home could have listed for around $850,000.
The longtime homeowners had just recently installed in 2023: new metal roof ($43,000) and new pool cage ($30,000) which held up nicely during the storms. The current Wright National Flood Insurance policy is grandfathered and transferrable.
Latest annual seasonal rental bookings were over $31,000 net.
Although this home is located in an AE flood Zone, there is a very valuable feature that comes with this particular home;
It is not subject to the FEMA 50 percent Rule for renovating. Flood remediation has already been completed by the owners. Water damaged kitchen, baths, drywall and carpet have been removed which allows you to decide; tear down, or renovate and live in while planning a fabulous new home in one of best neighborhoods anywhere in Florida. Hurry, this special opportunity won't last long. A rare opportunity to get a home for just land value.

MLS #:
N6135806
Taxes
$7,794(2024)
Lot Size
0.25 acres
Type
Single-Family Home
Year Built
1978
Style
Ranch
Views
Water
County
Sarasota County

Listed By

Daniel Heschmeyer, Gulf Shores Realty ERA Powered, Contact: 941-488-6644
Source
STELLAR
Last checked Dec 22 2024 at 5:42 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Unfurnished
  • Walk-In Closet(s)
  • Open Floorplan
  • Living Room/Dining Room Combo
Subdivision
  • Golden Beach Unit 2
Lot Information
  • City Limits
  • Floodzone
Property Features
  • Foundation: Stem Wall
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Central
  • Central Air
Pool Information
  • Screen Enclosure
  • Deck
Flooring
  • Tile
Exterior Features
  • Stucco
  • Block
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Public, Cable Connected, Bb/Hs Internet Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Venice Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
Parking
  • Oversized
Living Area
  • 1,280 sqft
Additional Information: Gulf Shores Realty ERA Powered | 941-488-6644
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 12/22/24 09:42