528 Briarwood Road, Venice, FL 34293
- $385,000
- 5
- BD
- 4
- BA
- 1,746
- SqFt
- Sold Price
- $385,000
- List Price
- $405,000
- Status
- Sold
- Days on Market
- 230
- Closing Date
- May 01, 2026
- MLS#
- A4660416
- Property Style
- Duplex
- Year Built
- 1972
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,746
- Lot Size
- 10,175
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Venice Gardens
- Community Name
- Venetian Gardens
- MLS Area Major
- Venice
Property Description
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.
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Additional Information
- Taxes
- $4353
- Annual Gross Income
- 41400
- Location
- Corner Lot
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RMF1
- Interior Layout
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
- Floor
- Ceramic Tile
- Appliances
- Range, Refrigerator
- Utilities
- BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Concrete
- Exterior Features
- Private Mailbox
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Garden Elementary
- Middle School
- Venice Area Middle
- High School
- Venice Senior High
- Flood Zone Code
- X, AE
- Parcel ID
- 0436070026
- Legal Description
- LOT 1313 VENICE GARDENS UNIT 24
Listing courtesy of RE/MAX ALLIANCE GROUP. 941-954-5454
Selling Office: RE/MAX PALM.Mortgage Calculator
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