Cash-Flowing Corner Duplex in Venice Gardens-9.0% Cap Rate- Turnkey investment opportunity with strong returns in one of Venice’s most desirable rental pockets. This income-producing duplex in Venice Gardens offers a 9.0% cap rate, no rental restrictions, and long-term tenants already in place, making it a rare low-maintenance cash-flow property in today’s market. The property generates $41,400 in annual gross income, with an estimated net operating income of $39,780 and annual expenses of only $1,620, a high-performing asset built for investors looking for immediate, reliable returns from day one. Built with durable block construction and situated on a corner lot outside the flood zone, this duplex offers both long-term stability and peace of mind. Each unit has separately metered utilities, and recent interior updates help support tenant retention and minimize future maintenance costs. One unit features 3 bedrooms and 1.5 baths, while the second unit offers 2 bedrooms and 1.5 baths, providing strong rental flexibility and upside for future value-add strategies. Whether you're looking to expand your rental portfolio or explore owner-occupancy while building equity, this property checks all the boxes. Income properties like this rarely come available, act fast.
Multi-familyProperty Type
1972Year Built
10,175 sq ftLot Size
$221Price/Sq.Ft.
Listed by Rachel Tritschler• RE/MAX ALLIANCE GROUP
Listed by Rick Tritschler, Jr.• RE/MAX ALLIANCE GROUP
Under contract-accepting backup offers. Great income producing 2 unit duplex right in the heart of Venice. One side offers a 2 bedroom and 1.5 bath with laundry inside and the other is a 3 bedroom 1.5 bath with laundry inside. Both sides have tenants in place and are willing to stay and sign new leases. The roof has been replaced in 2016 and the AC in 2020.
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.
Patio And Porch Features: Covered, Rear Porch, Screened
Exterior Features: Private Mailbox
Property Features
Universal Property Id: US-12115-N-0436070026-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 Features: Corner Lot
Lot Size Acres: 0.23
Lot Size Dimensions: 93x110
Road Surface Type: Asphalt, Paved
Lot Size Square Meters: 945
Building Information
MFR_BuildingAreaTotalSrchSqM: 230.77
Financial
Tax Information
Tax Annual Amount: $4,353.86
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, Water 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 left onto Briarwood Rd. Unit will be on the corner.
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 1,746
Stories: 1.0
Lot Size: 10,175 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: 1997
County: Sarasota County
APN: 0436070026
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: 230
Status Contractual Search Date: 2026-05-01
Listing Price Information
Calculated List Price By Calculated Sq Ft: 231.96
Green Information
Green Verification Count: 0
Home Information
Living Area: 1746
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 162.21
Building Area Total: 2484
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 • 0.8mi
6/10
Venice Middle School
Public 6-8 • Assigned • 3.4mi
7/10
Venice Senior High School
Public 9-12 • Assigned • 2.8mi
7/10
Provided by GreatSchools
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, 29 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
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Venice. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$455,000 – $551,000
Reach more buyers when you sell with Redfin. Plus, you'll save $4,784 in fees.