$1,250,000

$100k REDUCTION, TAKE ADVANTAGE OF THIS ONCE-IN-A-LIFETIME INVESTMENT OPPORTUNITY! The value is in the property land, and great location, Step into island living at its finest with this magnificent quadruplex property located in gorgeous Venice, FL! This 4-unit INVESTMENT property boasts a total of 8 bedrooms and 8 bathrooms, and a communal laundry area making it the perfect investment for those seeking to rent out the units monthly annually, or seasonally. Located just steps away from the stunning Venice Beach and the vibrant downtown Venice area, this property offers endless possibilities for dining, shopping, and entertainment. This property is perfect for in-laws or extended families as well, with numerous upgrades that have been made over the past few years, totaling over $150K (paperwork available upon request). The bulk of these upgrades was for the renovation of Unit 506 in 2017 and the entire gable roof in 2021, plus the replacement of multiple water heaters and AC units, a few windows, etc. The main unit which the owners only lived in seasonally has been completely renovated & updated and also has a widow's walk where you can relax and take in sunsets. With a two-car carport and parking for an additional five cars, this property provides ample parking space for all your guests. And, with its close proximity to downtown Venice (just three blocks away), you'll be in the heart of the action in no time. Don't miss out on this amazing opportunity to own a piece of paradise! Contact us today to view this fantastic property! Rents are under current value and need to be raised.