1488 Jupiter Road, Venice, FL 34293
Local realty services provided by:ERA Advantage Realty, Inc.
Listed by: craig mccoy
Office: preferred shore llc.
MLS#:A4705191
Source:MFRMLS
Price summary
- Price:$400,000
- Price per sq. ft.:$240.24
About this home
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....
Contact an agent
Home facts
- Year built:1991
- Subdivision & Development:SOUTH VENICE
- Listing ID #:A4705191
- Added:1 day(s) ago
- Updated:September 06, 2026 at 03:40 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl, Tile, Vinyl
- Dining Description:Eat In Kitchen, Living Room/Dining Room Combo
- Kitchen Description:Bar Fridge, Convection Oven, Dishwasher, Eat-in Kitchen, Kitchen Reverse Osmosis System, Kitchen/Family Room Combo, Microwave, Refrigerator
- Bedroom Description:Walk-In Closet(s)
- Living area:997 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1991
- Building area:997 sq. ft.
- Lot area:0.37 Acres
- Lot Features:Level, Oversized, Paved
- Construction Materials:Block, Stucco
- Exterior Features:Lighting, Rain Gutters
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Venice Senior High
- Middle school:Venice Area Middle
- Elementary school:Taylor Ranch Elementary
Utilities
- Water:Water Connected, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$400,000
- Price per sq. ft.:$240.24
- Tax amount:$2,623 (2025)
Features and amenities
- Appliances:Bar Fridge, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, Inside, Laundry Room, Washer, Washer Hookup
- Amenities:Accessibility Features, Built-In Features, Cable Available, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Park, Phone Available, Pickleball Court(s), Playground, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Pool features:Public Pool
Parking
- Parking description:Off Street, RV Access/Parking
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