$405,000

$259/sq ft

$35,000
Price Decreased

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Overview

Bedroom

4

Year Built

1972

Sqft

1566

Property Type

Duplex

Property Description

Under contract-accepting backup offers. 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!

Property Details

MLS#

A4660407

Address

460 BRIARWOOD

City

Venice

State/county

FL

Zip/Postal Code

34293

Area

Venice Gardens

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$3,894

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

Trees/Woods

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Boris Gelfand