Rare Venice opportunity to own a fully updated, fully rented, income-producing multi-unit property featuring three distinct living spaces: a spacious main house, an attached efficiency apartment, and a detached cottage, all on one parcel. With a proven rent roll delivering over $44,000 in gross annual income, this property is as close to turnkey as you'll find in today's market. The main house has been thoughtfully renovated (2019) and features a new A/C (2020) and updated water heater (2022). The attached efficiency apartment was fully renovated in 2024, making it ideal for a live-in tenant, in-law suite, or short-term rental. The detached cottage offers maximum privacy with an updated kitchen (2025) and new water heater (2022) — a true standalone income unit. Major capital expenditures are already behind you. The property features a new roof (2018/2019), new septic system (2018), new well pump (2025), and a brand new water filtration system (2026) — giving buyers confidence that the big-ticket items have been addressed. Whether you're a seasoned investor looking to add a performing asset to your portfolio, or a buyer looking to house-hack and let your tenants pay your mortgage, 2980 Dogwood Road delivers three income streams, a well-maintained and updated infrastructure, and the laid-back lifestyle of Venice, Florida.
Multi-familyProperty Type
1971Year Built
0.37 acresLot Size
$82Price/Sq.Ft.
Listed by Keaton West• BISHOP WEST REAL ESTATE LLC
$30,000 PRICE IMPROVEMENT !!!! Opportunity, Opportunity, Opportunity - Tri-Plex being offered in South Venice, Amazing location and minutes to everything. You have a main property with a 2 bedroom | 1 bathroom with an attached Efficiency with a separate entrance. Building with a separate 1 bedroom | 1 bathroom and an attached 2 car garage. Sitting on an over sized 16,000 SF lot. This has a potential 11%+ CAP rate return as it sits, with some tlc could be an ideal Vacation Rental/AirBnB/VRBO. South Venice Civic Association is a voluntary HOA for only $60 annually that allows you access to a boat ramp, a ferry to the beach, etc….
Stellar MLS as Distributed by MLS Grid #A4402571
Sep 28, 2018
Sold
$240,000
$50/sq ft
Jul 2, 2018
Pending
—
May 22, 2018
Price Changed
$299,900
$63/sq ft
May 7, 2018
Listed
$329,900
$69/sq ft
$30,000 PRICE IMPROVEMENT !!!! Opportunity, Opportunity, Opportunity - Tri-Plex being offered in South Venice, Amazing location and minutes to everything. You have a main property with a 2 bedroom | 1 bathroom with an attached Efficiency with a separate entrance. Building with a separate 1 bedroom | 1 bathroom and an attached 2 car garage. Sitting on an over sized 16,000 SF lot. This has a potential 10%+ CAP rate return as it sits, with some tlc could be an ideal Vacation Rental/AirBnB/VRBO. South Venice Civic Association is a voluntary HOA for only $60 annually that allows you access to a boat ramp, a ferry to the beach, etc….
Stellar MLS as Distributed by MLS Grid #N5777453
Nov 28, 2012
Sold
$84,999
$18/sq ft
Aug 7, 2012
Listed
$84,999
$18/sq ft
Public Records
May 17, 1991
Sold
$90,000
$19/sq ft
Public Records
Feb 2, 1988
Sold
$92,500
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2018
$2,221 (+8.2%)
2017
$2,053 (+0.5%)
2016
$2,043 (+0.4%)
2015
$2,034 (+0.4%)
2014
$2,026 (+0.2%)
2013
$2,021 (+10.4%)
2012
$1,831
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
1980
Finished Sq. Ft.
3,090
Unfinished Sq. Ft.
0
Total Sq. Ft.
3,090
Year built
1971
Style
Other
County
Sarasota County
APN
0451060117
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2019.
RSF-3
Residential Single-Family District
The RSF Districts permit single-family residential densities, which may take the form of single-family detached or cluster subdivisions; Cluster subdivisions may include lot line, traditional, patio, villa, atrium, duplex, or townhouse units. The nature of the use of property is the same in all RSF Districts, with variation among the RSF-1, RSF-2, RSF-3 and RSF-4 Districts in the requirements for density, lot area and width, and yards; A limited number of nonresidential uses are allowed, subject to the restrictions and requirements necessary to preserve and protect the single-family residential character of the neighborhood; The RSF Districts are generally used to implement the Comprehensive Plan within those areas shown as Low Density, Moderate Density and Medium Density Residential on the Future Land Use Map and on the Barrier Islands where the application of the district would not increase the density of development or hamper hurricane evacuation planning and disaster mitigation efforts. Locations on the Barrier Islands that have existing RSF zoning are acknowledged, and are considered to be consistent with the Future Land Use Map. The RSF-4 District is also used to implement the Comprehensive Plan in the areas shown as Office/Multifamily Residential Area and Corridor on the Future Land Use; The RSF-4 District, while not a primary implementing district, may also be allowed in Regional, Community, Village I, Village II, and Neighborhood Commercial Centers. Appropriate densities within the Low; Moderate or Medium Density Residential areas shall be guided by the density ranges as outlined in Future Land Use Policy 1.1.1, Objective 2.3, and Policy 2.3.1 of the Comprehensive Plan; These densities shall also be determined, in part, by the land use designations and developed residential areas surrounding the parcel.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Venice, FL • 34293
Average low and high temperatures (°F)
71
50
76
55
81
60
86
65
89
72
91
75
92
77
91
77
91
75
86
69
81
61
76
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 2980 Dogwood Rd
$373,590
$21K under list price of $395K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $520K to $675K.