Investor Opportunity – Updated Duplex in Venice Gardens | Both sides are rented with annual tenants. LEASES ARE GOOD TILL NEXT DECEMBER! 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, three 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 with 528 Briarwood Road. Opportunities like this don’t hit the market often—act now!
Multi-familyProperty Type
1972Year Built
8,360 sq ftLot Size
$283Est. Price/Sq.Ft.
Listed by Rachel Tritschler• RE/MAX ALLIANCE GROUP
Listed by Rick Tritschler, Jr.• RE/MAX ALLIANCE GROUP
Alert! Investor Opportunity! This duplex property could make a great annual rental times two. Or are you looking to renovate the home of your dreams and rent out the other half. Located close to all that sunny Venice has to offer: sandy beaches, fishing, boating, restaurants, shopping, schools, golf course, and more. And this home is not located in an HOA. With some TLC this could be a perfect Florida get-away or investment opportunity.
Public Records
Apr 1, 1980
Sold
$57,000
$36/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,043 (+3.8%)
$84,100 + $186,900
$271,000
2024
$3,895 (+23.7%)
$92,900 + $167,800
$260,700
2023
$3,148 (+10.9%)
2022
$2,839 (+9.8%)
2021
$2,585 (+8.9%)
2020
$2,374 (+7.7%)
$45,200 + $89,400
$134,600
2019
$2,205 (+9.9%)
2018
$2,007 (+3.6%)
$31,300 + $83,700
$115,000
2017
$1,936 (+8.2%)
$31,300 + $78,700
$110,000
2016
$1,790 (+1.7%)
$30,700 + $64,400
$95,100
2015
$1,760 (−0.6%)
$28,500 + $61,700
$90,200
2014
$1,770 (+9.3%)
2013
$1,620 (+7.8%)
2012
$1,502
Tax history for 460 Briarwood Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,043 (+3.8%)
$84,100 + $186,900
$271,000
2024
$3,895 (+23.7%)
$92,900 + $167,800
$260,700
2023
$3,148 (+10.9%)
2022
$2,839 (+9.8%)
2021
$2,585 (+8.9%)
2020
$2,374 (+7.7%)
$45,200 + $89,400
$134,600
2019
$2,205 (+9.9%)
2018
$2,007 (+3.6%)
$31,300 + $83,700
$115,000
2017
$1,936 (+8.2%)
$31,300 + $78,700
$110,000
2016
$1,790 (+1.7%)
$30,700 + $64,400
$95,100
2015
$1,760 (−0.6%)
$28,500 + $61,700
$90,200
2014
$1,770 (+9.3%)
2013
$1,620 (+7.8%)
2012
$1,502
*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
4
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
8,360 Sq. Ft.
Year renovated
2002
Sq. Ft.
1,566
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Sarasota County
APN
0436060020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 10, 2026.
RMF-1
Multi-Family District
The RMF Districts permit multifamily residential densities, which may take the form of a variety of housing types, including single-family detached, lot line, traditional, patio, villa, atrium, duplex, townhouse, multiplex, or apartment units. These districts are used in areas having convenient access to both collector and arterial streets, and nearby civic and commercial uses, as well as employment opportunities; The RMF Districts are generally used to implement the Comprehensive Plan within those areas shown as Medium Density Residential, High Density Residential, Office Multifamily Residential Areas and Corridors, and Town and Village Centers on the Future Land Use Map, 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, and Developments of Regional Impact. The RMF Districts, 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 Medium Density and High 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:
Community / recreation center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Wastewater treatment
Park & open space
Oct 7, 2024 • Final
Residential roofing
Remove and replace shingles and modified bitumen roofing on a residential building.
Roofing
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.
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Laundry Room Information
Laundry Features: Corridor Access, Inside
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: Living Room/Dining Room Combo, Solid Surface Counters
Appliances: Range, Refrigerator
Flooring: Ceramic Tile
Multi-Family Financial Information
Gross Income: $40,800
Annual Net Income: 39180.00
Annual Expenses: 1620
Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 2
# of Units: 1
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Units: 2
# of Units Occupied: 2
# of Bathrooms: 2
# of Bedrooms: 2
Pro Forma: 1700
Exterior
Building Information
Construction Materials: Block, Concrete
Roof: Shingle
Exterior Features
Patio And Porch Features: Covered, Rear Porch, Screened
Exterior Features: Private Mailbox
Property Features
Universal Property Id: US-12115-N-0436060020-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: Duplex
Zoning: RMF1
Land Information
Total Acreage: 0 to less than 1/4
Lot Information
Lot Size Acres: 0.19
Lot Size Dimensions: 76x110
Road Surface Type: Asphalt, Paved
Lot Size Square Meters: 777
Building Information
MFR_BuildingAreaTotalSrchSqM: 199.37
Financial
Tax Information
Tax Annual Amount: $3,894.87
Tax Year: 2024
Lease / Rent Details
Lease Restrictions YN: 0
Tenant Pays: Electricity, Sewer, Water
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected
Location
HOA Information
MFR_Association2YN: 0
School Information
Elementary School: Garden Elementary
Middle Or Junior High School: Venice Area Middle
High School: Venice Senior High
Location Information
Directions: From I75 take exit 193 heading south on Jacaranda Blvd then turn right onto Center Road then turn left onto Shamrock Blvd then turn right onto Valencia Dr the turn right onto Briarwood Rd. Unit will be on the left.
Community Information
Community Features: Street Lights
Pets Allowed: Yes
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,566
Stories: 1.0
Lot Size: 8,360 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 2002
County: Sarasota County
APN: 0436060020
Home facts updated by county records on Jul 10, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 941-954-5454
Previous Status: Pending
Backups Requested YN: 1
Listing Date Information
Days to Contract: 193
Status Contractual Search Date: 2026-03-16
Listing Price Information
Calculated List Price By Calculated Sq Ft: 258.62
Green Information
Green Verification Count: 0
Home Information
Living Area: 1566
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 145.49
Building Area Total: 2146
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Levels: One
Around this home
Schools
Garden Elementary School
Public K-5 • Assigned • 0.9mi
6/10
Venice Middle School
Public 6-8 • Assigned • 3.5mi
7/10
Venice Senior High School
Public 9-12 • Assigned • 2.6mi
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 107° expected this year, 31 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
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
$422,000 – $511,000
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Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2024. This data may not match public records. Learn more.
Listing provided courtesy of: RE/MAX ALLIANCE GROUP
Listing agent: Rachel Tritschler
Based on information submitted to the MLS GRID as of Sun Sep 20 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.