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1488 Jupiter Road

VENICE, FL 34293
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Bed 2

Bed

Bath 2

Bath

SqFt997

Sqft

Acres0.37

Acre(Lot)

BUY FOR $240,000 WITH ASSUMABLE 2.75 RATE INTEREST MORTGAGE (23+ YEARS) ASSUMABLE 2.75 RATE INTEREST MORTGAGE | DUAL-LOT BUILD/HOLD/FLIP | SOUTH VENICE THE FINANCING: $160,000 assumable mortgage at 2.75 rate interest with 23+ years remaining (lender-verified). At $400,000 purchase price, buyer invests $240,000 down and assumes existing note at 2.75 rate interest—significantly below current conventional rates. Lender approval and assumption fee required. Second buildable lot requires refinance to separate; assumable will not allow the separation of the vacant ready to build lot; valued $90–95K, recent 8,000 sqft comparables. INVESTOR CASE: Area rents $2,100–$2,800/month. Includes boat/RV/trailer storage, off-street parking, utilities (electric only), and annual private beach passes . THE PROPERTY: Two merged 8,000 SF parcels (16,000 SF total, one legal description). Deeded community beach via ferry (1,000 ft away). Optional $200/year pass for ferry and private boat launch access. Optional community center membership. Free water and septic service on house lot. THE LAND: Second 8,000 SF lot is fully buildable and zoned for development. Approved for single-family residential. Separates and sells independently if financed and not assumed loan; represents capital recovery path or expansion/hold opportunity. No deed restrictions. THE HOUSE: Fully updated 2–3-bedroom, 2 bath: entire house, all interior rooms under roof with A/C, 1,390 sf. Kitchen: Entire kitchen redone. Granite counters, 18 custom cabinets, under-cabinet LED, recessed lighting. Appliances (avg. 2.5 years): beverage cooler, refrigerator, air fryer/convection oven, slim-profile microwave, dishwasher. Counter seating. Reverse osmosis water treatment (2 years old). Stainless steel euro sink, commercial faucet wand and racks. Flooring & Structure: Engineered hardwood throughout (recently replaced). Roof 7.5 years. A/C system with new compressor (August 2026). 4-season porch with new split A/C unit. Bedrooms & Living: Master with walk-in closet. Garage converted to third bedroom. Flex room/office/living space with barn door privacy. Remote ceiling fans. Recessed TV with ambient backlighting. 5-foot electric fireplace. Opens to counter dining kitchen. Finishes: all windows plantation shutters (exterior). All LED lighting with remote controls. Security lighting (front). New laundry room with washer/dryer and counter. Two new closets added in laundry and bedroom. Outdoor: 16×16 patio. Gated fenced backyard. 10×12 storage shed (to be roofed). Landscaping includes lemon tree and native beach plantings (bougainvillea, beach grass). Easy-care property. Utilities: Free water (well). Free septic. Electric only. New A/C condenser (August 2026). Split A/C for 4-season porch. 2-year-old whole-house eco water treatment system. Flood Zone: AE, bordering X500. Zero documented flood or storm damage history. LOCATION: Intracoastal Waterway proximity and access. Deeded beach and boat launch. Downtown Venice, 5 public beaches, shopping, dining. Sarasota (SRQ) and Punta Gorda (PGD) airports. Medical, commercial, hardware retailers, and municipal services minutes away.

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Detail Ic Property Details

Property Type : Residential

Price : $400,000

AD Id : 91039736

MLS Id : MFRA4705191

Beds : 2

Lot Size : 0.37 Acre

Living Area Size : 997

Tax Amount : 2623.35

Year Built : 1991

County : Sarasota

Subdivision: South Venice

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Accessibility Features, Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments Roof: Shingle Appliances: Bar Fridge, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer Laundry Features: Corridor Access, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Luxury Vinyl, Tile, Vinyl Construction Materials: Block, Stucco
  • Heating & Cooling

    Heating: Electric Cooling: Central Air WaterSource: Well

  • Building Information

    Year Built: 1991
  • Exterior Features

    Lighting, Rain Gutters Construction Materials: Block, Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road

  • Lot Information

    Lot Dimensions: 160x100 Lot Description: City Limits, Level, Oversized Lot, Paved Lot Square Feet: 16000 Lot Acres: 0.37 Lot Size (SqMt): 1486

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$400000

  • Tax Information

    Tax Book Number: 6-63 Tax Lot: 5127 Tax Legal Description: LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20 Annual Tax: $2623.35 Tax Year: 2025 Parcel Number: 0457020037

  • Parking Information

    Off Street, RV Access/Parking

    Homeowners Association Information

    Included Fees: None Included Amenities: Park, Pickleball Court(s), Playground

  • School Information

    Elementary School: Taylor Ranch Elementary Junior High School: Venice Area Middle Senior High School: Venice Senior High
  • Utility Information

    Cable Available, Electricity Connected, Phone Available, Water Connected Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: SOUTH VENICE City: VENICE Direction: rt41 to Aligator road, accross from diner, head west left on shamrock, quick right on lemon bay dr, left on Egret right on Falcon and right on Jupiter rd. down on right house witth vacant lot on left
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Undisclosed Address, Venice, FL, 34293 $400,000 2 2 1,287 0.20 Acre
9080 Caloosa Drive, Venice, FL, 34293 $425,000 3 2 1,600 0.37 Acre
9050 Caloosa Drive, Venice, FL, 34293 $470,000 3 2 1,408 0.27 Acre
9110 Deer Court, Venice, FL, 34293 $1,295,000 4 4 3,969 3.13 Acres
9240 Falcon Court, Venice, FL, 34293 $2,999,900 4 5 5,402 3.21 Acres
10811 Sun Drop Drive, Venice, FL, 34293 $526,155 5 3 2,615 0.15 Acre
10827 Sun Drop Street, Venice, FL, 34293 $552,630 4 3 2,009 0.21 Acre
10852 Sun Drop Street, Venice, FL, 34293 $645,000 4 3 2,035 0.16 Acre
17233 Moonflower Drive, Venice, FL, 34293 $524,000 3 3 2,214 0.15 Acre
10865 Sun Drop Street, Venice, FL, 34293 $750,000 5 3 3,285 0.21 Acre
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ByOwner last updated this listing 09/07/2026 @ 06:20

MLS: MFRMLS #A4705191 LISTED BY: Craig McCoy, PREFERRED SHORE LLC 941-999-1179 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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