388 FLAMINGO DR Pending

Venice,FL 34285

$ 550000

2 Beds

2 Baths

1280 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,280 sqft

Price per Sqft $429

Subdivision Golden Beach Unit 2

MLS Listing ID N6135806

Bedrooms 2

Full Baths 2

Construction Status Other Contract Contingencies

HOA Y/N No

Originating Board Stellar MLS

Year Built 1978

Annual Tax Amount $7,793

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Under contract-accepting backup offers. We are in a multiple offer situation. All offers or revisions must be in writing and submitted before 6:00pm 12-10-24.Take advantage of this exceptional opportunity! Venice Florida Home “on the Island” for land value only.
This 2 bedroom, 2 bath home with a 40 ft long pool with sunny Southern exposure in Golden Beach, one of the most desirable neighborhoods in Venice. Membership in Golden Beach Association is optional. To take advantage of the private beach easement and enjoy other special membership benefits the annual fee is only $50.
This home sits on a large lot of over 11,000 sq. ft. and has an extra large one car garage (392 sq, ft.). The large screened lanai features a beautiful 40 ft. swimming pool and a huge deck area plus a sizable covered lanai.
You will enjoy the quiet setting and the private beach access and just a very short distance to the Gulf of Mexico. Prior to storm damage this home could have listed for around $850,000.
The longtime homeowners had just recently installed in 2023: new metal roof ($43,000) and new pool cage ($30,000) which held up nicely during the storms. The current Wright National Flood Insurance policy is grandfathered and transferrable.
Latest annual seasonal rental bookings were over $31,000 net.
Although this home is located in an AE flood Zone, there is a very valuable feature that comes with this particular home;
It is not subject to the FEMA 50 percent Rule for renovating. Flood remediation has already been completed by the owners. Water damaged kitchen, baths, drywall and carpet have been removed which allows you to decide; tear down, or renovate and live in while planning a fabulous new home in one of best neighborhoods anywhere in Florida. Hurry, this special opportunity won't last long. A rare opportunity to get a home for just land value.

Location

State FL

County Sarasota

Community Golden Beach Unit 2

Zoning RSF3

Interior

Interior Features Living Room/Dining Room Combo,Open Floorplan,Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Appliance None

Laundry In Garage

Exterior

Exterior Feature Hurricane Shutters,Lighting,Rain Gutters,Sliding Doors

Parking Features Oversized

Garage Spaces 1.0

Pool Deck,Screen Enclosure

Utilities Available BB/HS Internet Available,Cable Connected,Public,Sewer Connected,Water Connected

Waterfront Description Creek

View Y/N Yes

Water Access Yes

Water Access Desc Beach - Access Deeded

View Water

Roof Type Metal

Porch Deck,Patio,Porch,Screened

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description FloodZone,City Limits

Entry Level One

Foundation Slab,Stem Wall

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Block,Stucco

New Construction false

Construction Status Other Contract Contingencies

Schools

Elementary Schools Venice Elementary

Middle Schools Venice Area Middle

High Schools Venice Senior High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

Special Listing Condition None

View More
Favorite Go Tour