Commercial property in Venice, Florida 4 bedrooms, 145.58 sq.m. № 2438233

Property description

VENICE ISLAND DUPLEX WITH CONFIRMED DUPLEX REBUILD RIGHTS | GENEROUS 1/3-ACRE CORNER LOT | MINUTES TO BEACH & HISTORIC DOWNTOWN! Discover an exceptional opportunity to own a spacious 14,490-square-foot corner parcel on Venice Island, offering established rental income and exciting redevelopment potential! Zoned RMF1 (Residential Multi-Family), the property permits duplex use by right, and the City of Venice has confirmed in writing that the existing structure may be demolished and replaced with a new two-unit duplex, subject to applicable building regulations, permitting and approvals. Enjoy the income today while considering the possibilities for tomorrow! Situated on a quiet street just minutes from historic Downtown Venice, shopping, dining and beautiful Gulf beaches, this property is located in desirable Flood Zone X, with no reported history of flooding or storm damage. Built in 1953, the duplex offers two residences, each featuring two bedrooms, one bathroom and classic terrazzo flooring.