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$400,000

For Sale

A day ago

1488 Jupiter Rd, Venice, FL

House

MLS® A4705191

2 Bed

2 Bath

997 sqft

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 997 sqft

Garage

Taxes $2,623

Days Active 2

Lot Size 0.37 Acres

Approx. Age 1991

Avg. Price Per Sqft $401

MLS® Number A4705191

Property Address: 1488 Jupiter Rd, Venice, FL, 34293-6122

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® NumberA4705191

Laundry LevelEnsuite

Central VacNo

FireplaceYes

Acreage

Exterior

Garage

Approx. Age1991

Basement

DrivewayOff Street, RV Access/Parking

Garage Spaces

HeatElectric

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 5, 2026List Date

$400,000List Price

-End Date

Not Sold YetSold Price

For Rent

May 7, 2026List Date

$2,800List Price

Home Appraisal

This property is estimated to sell between: $366,000 and $417,000.

Similar properties in this area sold on average for: $366,207

Expected to sell in 44 days. Similar properties sold in 46 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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