Venice Island Triplex: Coastal Downtown Living with Income Potential! Discover the ultimate blend of historic downtown coastal living and investment opportunity with this three unit triplex on Venice Island. Perfectly positioned to walk or bike ride to the sun-kissed sands of Venice Beach and the vibrant heart of downtown Venice, this property offers the quintessential lifestyle! Zoned RMF (Residential Multi Family) currently has no written rental restrictions for short term rentals. Buyer must verify rental information with City of Venice. This triplex has a (2022) ROOF. Unit 1 welcomes you with a completely remodeled kitchen (2021) and bathroom (2025), creating a sleek and modern living space. Enjoy your front patio pad, perfect for morning coffee or evening grilling. Unit 2 offers an updated kitchen and bathroom (2021), complemented with a patio pad for outdoor enjoyment. Unit 3 offers a studio layout with a functional galley kitchen and full bathroom, plus a one-car garage, perfect for storing your bikes, kayaks, and beach essentials or for a single vehicle. The studio presents an exciting opportunity for remodeling & customization – envision transforming the garage into a luxurious master suite to add to the studio to maximize rental potential! Whether you're seeking a savvy investment property with flexible rental options or a place to call home with income potential, this Venice Island triplex delivers. Imagine the possibilities: annual leases, vacation rentals, or a combination of both! Don't miss your chance to own a piece of paradise. Schedule your private showing today and unlock the potential to start living the modern coastal dream!
LOWEST Priced building on the Island, just two blocks from the beach. This Triplex is Perfectly located within walking distance to both the beach and Venice downtown dining & shopping. Units 1 and 2 have been beautifully renovated. The 3rd unit is currently rented. (Tenant will stay or vacate with notice) Perfect investment with the option of living in the property full-time or seasonal right on the island while leasing out the additional two units. Let the property pay for itself while enjoying Venice Island. Unique Multifamily zoned property gives the opportunity to rent annually, seasonally, and would be an excellent seasonal Airbnb/VRBO. Additional garage space to keep bikes, kayaks, and toys as well as boat parking. No HOA/ Deed restrictions. No Flood insurance is required, in flood zone X.
Stellar MLS as Distributed by MLS Grid #A4509954
Jan 5, 2022
Sold
$605,000
$335/sq ft
Oct 16, 2021
Pending
—
Sep 30, 2021
Price Changed
$632,900
$350/sq ft
Sep 21, 2021
Price Changed
$647,000
$358/sq ft
Sep 7, 2021
Price Changed
$657,000
$364/sq ft
Aug 18, 2021
Listed
$697,000
$386/sq ft
LOWEST Priced building on the Island, just two blocks from the beach. This Triplex is Perfectly located within walking distance to both the beach and Venice downtown dining & shopping. Units 1 and 2 have been beautifully renovated. The 3rd unit is currently rented. (Tenant will stay or vacate with notice) Perfect investment with the option of living in the property full-time or seasonal right on the island while leasing out the additional two units. Let the property pay for itself while enjoying Venice Island. Unique Multifamily zoned property gives the opportunity to rent annually, seasonally, and would be an excellent Airbnb/VRBO cash flow machine without the restrictions of a residential residence. Additional garage space to keep bikes, kayaks, and toys as well as boat parking. No HOA/ Deed restrictions. No Flood insurance is required, in flood zone X.
Public Records
Nov 22, 2021
Sold
$605,000
$335/sq ft
Public Records
Jun 2, 2021
Sold
$385,000
$213/sq ft
Stellar MLS as Distributed by MLS Grid #A4439302
Sep 10, 2019
Listing Removed
—
Jul 25, 2019
Price Changed
*
Jun 20, 2019
Listed
*
Stellar MLS as Distributed by MLS Grid #A4439260
Aug 13, 2019
Listing Removed
—
Jul 25, 2019
Price Changed
*
Jun 20, 2019
Listed
*
Stellar MLS as Distributed by MLS Grid #N6101336
Jan 31, 2019
Listing Removed
—
Oct 22, 2018
Price Changed
*
Oct 18, 2018
Price Changed
*
Jul 27, 2018
Listed
*
Stellar MLS as Distributed by MLS Grid #A4205074
May 1, 2018
Listing Removed
—
Apr 24, 2018
Price Changed
*
Mar 19, 2018
Price Changed
*
Mar 9, 2018
Price Changed
*
Mar 2, 2018
Price Changed
*
Feb 21, 2018
Price Changed
*
Dec 23, 2017
Listed
*
Public Records
Dec 22, 2016
Sold
$300,000
$166/sq ft
Stellar MLS as Distributed by MLS Grid #A4170146
Jan 4, 2017
Listing Removed
—
Nov 20, 2016
Listed
*
Stellar MLS as Distributed by MLS Grid #A4131096
May 25, 2016
Listing Removed
—
Sep 2, 2015
Listed
*
Public Records
Nov 5, 2014
Sold
$200,000
$111/sq ft
Public Records
Dec 1, 1971
Sold
$25,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,973 (+9.6%)
2024
$9,101 (−5.1%)
$336,200 + $268,300
$604,500
2023
$9,588 (+21.1%)
$339,500 + $290,700
$630,200
2022
$7,920 (+47.1%)
$334,600 + $164,900
$499,500
2021
$5,383 (+8.7%)
2020
$4,954 (−0.2%)
$228,900 + $67,000
$295,900
2019
$4,966 (+7.8%)
2018
$4,607 (+14.3%)
2017
$4,030 (+5.6%)
$191,600 + $46,400
$238,000
2016
$3,815 (+14.6%)
$190,200 + $47,700
$237,900
2015
$3,329 (−3.3%)
$149,400 + $52,000
$201,400
2014
$3,443 (+5.5%)
2013
$3,264 (+18.8%)
2012
$2,748
Tax history for 420 Armada Rd S
Year
Property tax
Land + Additions
Assessment*
2025
$9,973 (+9.6%)
2024
$9,101 (−5.1%)
$336,200 + $268,300
$604,500
2023
$9,588 (+21.1%)
$339,500 + $290,700
$630,200
2022
$7,920 (+47.1%)
$334,600 + $164,900
$499,500
2021
$5,383 (+8.7%)
2020
$4,954 (−0.2%)
$228,900 + $67,000
$295,900
2019
$4,966 (+7.8%)
2018
$4,607 (+14.3%)
2017
$4,030 (+5.6%)
$191,600 + $46,400
$238,000
2016
$3,815 (+14.6%)
$190,200 + $47,700
$237,900
2015
$3,329 (−3.3%)
$149,400 + $52,000
$201,400
2014
$3,443 (+5.5%)
2013
$3,264 (+18.8%)
2012
$2,748
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
8,125 Sq. Ft.
Year renovated
2005
Sq. Ft.
1,806
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Sarasota County
APN
0176090046
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RMF-3
Residential Multifamily District
The residential, multifamily zoning districts RMF offer a range of lot sizes and housing stock to allow a sustainable mix of multifamily residential development. RMF implements Strategy 1.2.3 of the Comprehensive Plan and allows for Moderate to High Density per the Strategy.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Fire house
Police station
May 1, 2026 • Final
Plumbing
Replace the existing sewer line.
Plumbing
Apr 27, 2026 • Final
Water heater
Remove and replace a water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Description: Studio including kitchen & full bathroom. 1 car garage attached.
# of Bathrooms: 1
Heated Sq. Ft.: 510
# of Garage Spaces: 1
Pro Forma: 1200
Unit Type 2 Information
Unit Type: 1 Bedroom
Description: Unit 1 Middle unit, remodeled kitchen & bathroom. walk in closet, patio area.
# of Bathrooms: 1
# of Bedrooms: 1
Heated Sq. Ft.: 702
Pro Forma: 2300
Unit Type 3 Information
Unit Type: 1 Bedroom
Description: Updated unit, patio area.
# of Bathrooms: 1
# of Bedrooms: 1
Heated Sq. Ft.: 741
Pro Forma: 2300
Exterior
Building Information
Construction Materials: Stucco
Roof: Shingle
Exterior Features
Exterior Features: Private Mailbox
Property Features
Universal Property Id: US-12115-N-0176090046-R-N
Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0
Property Information
Total Num Buildings: 1
CDD Y/N: 0
Property Type: Residential Income
Property Sub Type: Triplex
Zoning: RMF3
Land Information
Total Acreage: 0 to less than 1/4
Lot Information
Lot Size Acres: 0.19
Road Surface Type: Asphalt
Lot Size Square Meters: 755
Building Information
MFR_BuildingAreaTotalSrchSqM: 167.78
Financial
Tax Information
Tax Annual Amount: $9,101.48
Tax Year: 2024
Lease / Rent Details
Terms Of Lease: Other
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected
Location
HOA Information
MFR_Association2YN: 0
Association Approval Required Y/N: 0
Location Information
Directions: From Englewood, head north on Hwy 41 pass by Bonefish Grill on the right. in .6 miles turn left to stay on S Tamiami Trail, drive for 1.5 miles. You will go over the bridge. Left on San Marco Drive .4 miles. Right onto Harbor Dr. S for .5 mile Left on Armada Road.
Community Information
Pets Allowed: Yes
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,806
Stories: 1.0
Lot Size: 8,125 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: 2005
County: Sarasota County
APN: 0176090046
Home facts updated by county records on Jul 10, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-497-6060
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 219
Status Contractual Search Date: 2025-12-02
Listing Price Information
Calculated List Price By Calculated Sq Ft: 373.75
Home Information
Living Area: 1806
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 167.78
Building Area Total: 1806
Building Area Units: Square Feet
Building Area Source: Estimated
Foundation Details: Slab
Levels: One
Around this home
Schools
Venice Elementary School
Public PreK-5 • Assigned • 0.6mi
9/10
Venice Middle School
Public 6-8 • Assigned • 6.2mi
7/10
Venice Senior High School
Public 9-12 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 108° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Venice, FL • 34285
Average low and high temperatures (°F)
70
52
74
57
79
62
82
67
87
75
89
77
90
78
90
78
90
76
85
70
80
63
75
58
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 6.5 hours in December, placing it above the
U.S. average for solar exposure.
9.3 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$666,000 – $806,000
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Based on information submitted to the MLS GRID as of Thu Sep 03 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.