460 BRIARWOOD RD new

Venice,FL 34293

$ 440000

4 Beds

4 Baths

1566 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,566 sqft

Price per Sqft $280

Subdivision Venice Gardens

MLS Listing ID A4660407

Bedrooms 4

Year Built 1972

Annual Tax Amount $3,894

Lot Size 8,276 Sqft

Property Sub-Type Duplex

Property Description

Investor Opportunity – Turnkey Duplex in Venice Gardens | 8.9% Cap Rate | Portfolio Deal Available
Looking for a smart place to park your money? Skip the stock market and invest in a steady income stream with this fully occupied 2-unit duplex in sought-after Venice Gardens—offering a strong 8.9% cap rate and no rental restrictions.
Each side features 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent upgrades include a new roof, updated flooring, fresh paint, and modern vanities and fixtures—making this a low-maintenance addition to your portfolio.
The property generates $40,800 in annual gross income with minimal expenses of just $1,620, delivering a net operating income of $39,180. Utilities are individually metered for tenant accountability, and best of all, the property is not located in a flood zone.
Block construction, public utilities, and a central location near beaches, shopping, and schools make this a dependable and desirable investment. Whether you're expanding your portfolio or planning to live in one side and rent the other, this duplex delivers reliable returns and long-term value.
Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquiry on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road.
Opportunities like this don't hit the market often—act now!

Location

State FL

County Sarasota

Community Venice Gardens

Area 34293 - Venice

Zoning RMF1

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile

Laundry Corridor Access,Inside

Exterior

Exterior Feature Private Mailbox

Community Features Street Lights

Utilities Available BB/HS Internet Available,Electricity Connected,Public,Sewer Connected

View Trees/Woods

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Schools

Elementary Schools Garden Elementary

Middle Schools Venice Area Middle

High Schools Venice Senior High

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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