Active

$259,990

Features:
  • 4 Bedrooms
  • 3 Bathrooms
  • 1872 sq ft
Overview
  • ID: MFRA4698041
  • Bedrooms: 4
  • Bathrooms: 3
  • Size: 1872 sq ft
Property Details
Remarks
INVESTOR OPPORTUNITY IN HIGH-DEMAND VENICE LOCATION! Rare chance to acquire a spacious 4-bedroom, 3-bath home with a 2-car garage in the highly desirable gated community of Stoneybrook at Venice. Offering 1,872 sq ft under air, a functional layout, strong neighborhood demand, and an estimated ARV of $375,000, this property presents an excellent value-add opportunity for investors, rehabbers, landlords, or owner-occupants seeking forced equity through updates. This well-positioned home offers features today’s retail buyers actively seek: four true bedrooms, three full bathrooms, open living areas, abundant natural light, and a split-bedroom layout ideal for families, seasonal residents, or remote professionals needing office space. The spacious primary suite features a walk-in closet, dual sinks, soaking tub, and separate walk-in shower, creating strong resale appeal. Secondary bedrooms offer flexibility for guest rooms, office conversion, fitness space, or multi-generational living. The property includes a 2-car garage plus a 4-car driveway, providing ample parking rarely found in this price range. Large windows throughout enhance the interior with natural light and create an open, airy feel. The versatile floor plan also offers potential for modern redesign or cosmetic improvements to maximize value. Estimated renovation budget is approximately $40,000, primarily cosmetic, making this an attractive flip or light rehab opportunity. Recommended upgrades may include flooring, interior paint, kitchen refresh, bath updates, lighting, fixtures, and minor exterior improvements. With strategic renovations, investors can significantly improve marketability and capture strong resale margins in an area where updated homes command premium pricing. This asset also offers strong long-term rental or seasonal hold potential due to its location and community amenities. Stoneybrook at Venice remains one of Sarasota County’s most desirable amenity-rich communities, attracting families, retirees, and second-home buyers seeking resort-style living. Community amenities include gated security, resort-style pool, splash park, clubhouse, fitness center, tennis courts, basketball courts, sand volleyball, baseball field, outdoor hockey rink, playgrounds, pickleball groups, and walking trails. These amenities enhance both tenant demand and long-term appreciation potential. Additional value drivers include location in a non-flood zone and connection to public water and sewer, both important considerations for future buyers and insurance costs. Low association fees further improve ownership efficiency and investment returns. Prime location just minutes from Wellen Park, CoolToday Park, shopping, dining, golf courses, nature preserves, and I-75. Venice’s award-winning Gulf beaches are only a short drive away, giving future owners or tenants access to one of Florida’s most desirable coastal lifestyles. Whether your exit strategy is fix-and-flip, long-term hold, seasonal rental, or retail resale, this property checks the boxes investors want: desirable community, strong square footage, manageable renovation scope, excellent amenities, and proven demand. Opportunities like this in gated Venice communities are becoming increasingly hard to find.
Financial Considerations
Price:
$259,990
HOA Fee:
689
Tax Amount:
$4518
Price per SqFt:
$138.88
Tax Legal Description:
LOT 2141, STONEYBROOK AT VENICE UNIT 4 CORR ORI 2007066183
Exterior Features
Lot Size:
4623
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
3
Heating:
Central
Cooling:
Central Air
Appliances:
Other
Furnished:
Yes
Floor:
Ceramic Tile, Laminate
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2006
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Hurricane Shutters, Rain Gutters, Sidewalk
Additional Features 2:
must rent whole home
Map
  • Address
    11723 TEMPEST HARBOR LOOP
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