Sarasota's Premier Homes

1488 JUPITER ROAD

VENICE, FL 34293

MLS#: A4705191

$400,000

Status: Active
Listing number: A4705191
Listing provided by: PREFERRED SHORE LLC
Listing agent phone: None
Last update: 48 minutes ago
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SOUTH VENICE - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1991

Sq.Footage

997

BUY FOR $240,000 WITH ASSUMABLE 2.75 RATE INTEREST MORTGAGE (23+ YEARS) ASSUMABLE 2.75 RATE INTEREST MORTGAGE | DUAL-LOT BUILD/HOLD/FLIP | SOUTH VENICE THE FINANCING: $160,000 assumable mortgage at 2.75 rate interest with 23+ years remaining (lender-verified). At $400,000 purchase price, buyer invests $240,000 down and assumes existing note at 2.75 rate interest—significantly below current conventional rates. Lender approval and assumption fee required. Second buildable lot requires refinance to separate; assumable will not allow the separation of the vacant ready to build lot; valued $90–95K, recent 8,000 sqft comparables. INVESTOR CASE: Area rents $2,100–$2,800/month. Includes boat/RV/trailer storage, off-street parking, utilities (electric only), and annual private beach passes. THE PROPERTY: Two merged 8,000 SF parcels (16,000 SF total, one legal description). Deeded community beach via ferry (1,000 ft away). Optional $200/year pass for ferry and private boat launch access. Optional community center membership. Free water and septic service on house lot. THE LAND: Second 8,000 SF lot is fully buildable and zoned for development. Approved for single-family residential. Separates and sells independently if financed and not assumed loan; represents capital recovery path or expansion/hold opportunity. No deed restrictions. THE HOUSE: Fully updated 2–3-bedroom, 2 bath: entire house, all interior rooms under roof with A/C, 1,390 sf. Kitchen: Entire kitchen redone. Granite counters, 18 custom cabinets, under-cabinet LED, recessed lighting. Appliances (avg. 2.5 years): beverage cooler, refrigerator, air fryer/convection oven, slim-profile microwave, dishwasher. Counter seating. Reverse osmosis water treatment (2 years old). Stainless steel euro sink, commercial faucet wand and racks. Flooring & Structure: Engineered hardwood throughout (recently replaced). Roof 7.5 years. A/C system with new compressor (August 2026). 4-season porch with new split A/C unit. Bedrooms & Living: Master with walk-in closet. Garage converted to third bedroom. Flex room/office/living space with barn door privacy. Remote ceiling fans. Recessed TV with ambient backlighting. 5-foot electric fireplace. Opens to counter dining kitchen. Finishes: all windows plantation shutters (exterior). All LED lighting with remote controls. Security lighting (front). New laundry room with washer/dryer and counter. Two new closets added in laundry and bedroom. Outdoor: 16×16 patio. Gated fenced backyard. 10×12 storage shed (to be roofed). Landscaping includes lemon tree and native beach plantings (bougainvillea, beach grass). Easy-care property. Utilities: Free water (well). Free septic. Electric only. New A/C condenser (August 2026). Split A/C for 4-season porch. 2-year-old whole-house eco water treatment system. Flood Zone: AE, bordering X500. Zero documented flood or storm damage history. LOCATION: Intracoastal Waterway proximity and access. Deeded beach and boat launch. Downtown Venice, 5 public beaches, shopping, dining. Sarasota (SRQ) and Punta Gorda (PGD) airports. Medical, commercial, hardware retailers, and municipal services minutes away.

Features & Amenities

Interior

  • Other Interior Features

    Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Other Exterior Features

    Lighting, Rain Gutters

  • Parking

    Off Street, RV Access/Parking

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Trees/Woods

Area & Lot

  • Lot Features

    Level, Paved

  • Lot Size(acres)

    0.37

  • Lot Size(square feet)

    16,000

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Price

  • Sales Price

    $400,000

  • Tax Amount

    $2,623.35

  • Sq. Footage

    997

  • Price/SqFt

    $401

HOA

  • Association

    No

School District

  • Elementary School

    Taylor Ranch Elementary

  • Middle School

    Venice Area Middle

  • High School

    Venice Senior High

Property Features

  • Stories

    1

  • New Construction

    NO

  • Accessibility Features

    Accessible Entrance, Grip-Accessible Features

  • Association Amenities

    Park, Playground

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    5127

  • Water Source

    Private, Well

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Location

County

Sarasota

Elementary School

Taylor Ranch Elementary

Middle School

Venice Area Middle

High School

Venice Senior High

Listing Courtesy of Craig McCoy, PREFERRED SHORE LLC

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Agent Michael Graf

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Michael Graf

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(941) 315-6980

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BUY FOR $240,000 WITH ASSUMABLE 2.75 RATE INTEREST MORTGAGE (23+ YEARS) ASSUMABLE 2.75 RATE INTEREST MORTGAGE | DUAL-LOT BUILD/HOLD/FLIP | SOUTH VENICE THE FINANCING: $160,000 assumable mortgage at 2.75 rate interest with 23+ years remaining (lender-verified). At $400,000 purchase price, buyer invests $240,000 down and assumes existing note at 2.75 rate interest—significantly below current conventional rates. Lender approval and assumption fee required. Second buildable lot requires refinance to separate; assumable will not allow the separation of the vacant ready to build lot; valued $90–95K, recent 8,000 sqft comparables. INVESTOR CASE: Area rents $2,100–$2,800/month. Includes boat/RV/trailer storage, off-street parking, utilities (electric only), and annual private beach passes. THE PROPERTY: Two merged 8,000 SF parcels (16,000 SF total, one legal description). Deeded community beach via ferry (1,000 ft away). Optional $200/year pass for ferry and private boat launch access. Optional community center membership. Free water and septic service on house lot. THE LAND: Second 8,000 SF lot is fully buildable and zoned for development. Approved for single-family residential. Separates and sells independently if financed and not assumed loan; represents capital recovery path or expansion/hold opportunity. No deed restrictions. THE HOUSE: Fully updated 2–3-bedroom, 2 bath: entire house, all interior rooms under roof with A/C, 1,390 sf. Kitchen: Entire kitchen redone. Granite counters, 18 custom cabinets, under-cabinet LED, recessed lighting. Appliances (avg. 2.5 years): beverage cooler, refrigerator, air fryer/convection oven, slim-profile microwave, dishwasher. Counter seating. Reverse osmosis water treatment (2 years old). Stainless steel euro sink, commercial faucet wand and racks. Flooring & Structure: Engineered hardwood throughout (recently replaced). Roof 7.5 years. A/C system with new compressor (August 2026). 4-season porch with new split A/C unit. Bedrooms & Living: Master with walk-in closet. Garage converted to third bedroom. Flex room/office/living space with barn door privacy. Remote ceiling fans. Recessed TV with ambient backlighting. 5-foot electric fireplace. Opens to counter dining kitchen. Finishes: all windows plantation shutters (exterior). All LED lighting with remote controls. Security lighting (front). New laundry room with washer/dryer and counter. Two new closets added in laundry and bedroom. Outdoor: 16×16 patio. Gated fenced backyard. 10×12 storage shed (to be roofed). Landscaping includes lemon tree and native beach plantings (bougainvillea, beach grass). Easy-care property. Utilities: Free water (well). Free septic. Electric only. New A/C condenser (August 2026). Split A/C for 4-season porch. 2-year-old whole-house eco water treatment system. Flood Zone: AE, bordering X500. Zero documented flood or storm damage history. LOCATION: Intracoastal Waterway proximity and access. Deeded beach and boat launch. Downtown Venice, 5 public beaches, shopping, dining. Sarasota (SRQ) and Punta Gorda (PGD) airports. Medical, commercial, hardware retailers, and municipal services minutes away.

1488 JUPITER ROAD

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