$410,000

$243/sq ft

$30,000
Price Decreased

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Overview

Bedroom

4

Year Built

1973

Sqft

1686

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Turnkey Venice Duplex | 9.4% Cap Rate | No Flood Zone | Portfolio Deal Available Why gamble on the stock market when you can lock in steady returns with this cash-flowing duplex in the heart of Venice Gardens? 544 Briarwood Rd is a fully occupied, income-producing duplex offering a strong 9.4% cap rate and no rental restrictions, making it a perfect fit for both seasoned investors and owner-occupants. Each unit includes 2 bedrooms and 1.5 bathrooms, with secure, long-term tenants already in place. Recent improvements include a new roof, updated flooring, fresh interior paint, and refreshed bathroom vanities and fixtures—delivering peace of mind and minimal upkeep for years to come. This property brings in $42,900 in annual gross income with net operating income of $41,280, and annual expenses are impressively low at just $1,620. Located outside of the flood zone, with individual utility metering and solid block construction, this is the type of reliable asset that rarely hits the market. Whether you're building your portfolio or looking to live in one unit while renting the other, this is your chance to own a high-performing duplex in one of Venice’s most convenient and stable neighborhoods. 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 of 460, 528,and 544 Briarwood Road. Income opportunities like this are limited—secure it while you can!

Property Details

MLS#

A4660436

Address

544 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

$4,259

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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Boris Gelfand