510 Parkdale Mews, Unit MEWS

Venice, FL 34285

$1,790,000
Price
—
Beds
4,530 Sq. Ft.
$395 / Sq. Ft.
4,530
Sq. Ft.
$395
per Sq. Ft.

Description

$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...$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.
  1. Listed by Lisa Wilson • BEAR REALTY INC

Property Details for 510 Parkdale Mews, Unit MEWS

Subdivision Name
BAYSHORE ESTATES
Township
39
Carport Spaces
2
Waterfront
No

Location

Listing Courtesy of BEAR REALTY INC, Lisa Wilson
Add your commute
LISTING UPDATED: 05/13/2024 12:56 PM

Property Details for 510 Parkdale Mews, Unit MEWS

StatusActive
MLS #A4610297
Days on Market20
Taxes$10,817 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1976
Lot Size0.22 AC / 9,602 SF
CountySarasota County

Location

Listing Courtesy of BEAR REALTY INC, Lisa Wilson
Add your commute

Building Information for 510 Parkdale Mews, Unit MEWS

Stories-Residences4Year Built1976Building Size-Lot Size0.22 AC / 9,602 SF

Payment Calculator

$10,670 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,769

Property Taxes

$901

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 510 Parkdale Mews, Unit MEWS

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Tamiami Trail N, turn Right onto Tampa Ave, turn right onto Harbor Dr. N., turn left unto Manatee Ct. right onto Narvaezi St., turn left onto Narvaezi St., turn right onto Parkdale Dr.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Limited Service
  • Senior Community: No
  • SW Subdiv Community Name: BAYSHORE ESTATES UNIT 2
  • Unit Number: No
  • Street Number: 510
  • Street Name: PARKDALE
  • Street Suffix: MEWS
  • State: FL
  • City: VENICE
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: E
  • Tax Book Number: 6-97
  • Tax Legal Description: LOT 5 BLK E LESS PART IN PARKDALE EAST CONDO AS DESC IN CB 25/4 BAYSHORE ESTATES UNIT 2, BEING SAME LANDS AS DESC IN ORI 2023098430
  • Tax Lot: 5
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0175090016
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF1
  • Living Area: 4530
Property and Assessments
  • Year Built Numeric: 1976
  • Flood Zone Code: X500
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0327G
  • New Construction: No
  • Public Survey Range: 18
  • Public Survey Section: 12
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Vinyl Siding
  • Exterior Features: Other
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: Yes
  • Heating: Central
  • Interior Features: Ceiling Fans(s)
  • Laundry Features: Common Area
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Net Income: $110,400.00

Property History for 510 Parkdale Mews, Unit MEWS

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 510 Parkdale Mews, Unit MEWS

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Venice Elementary School
PublicPK to 5

Venice Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Student Leadership Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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510 Parkdale Mews, Unit MEWS is a multi-family home for sale in Venice, FL 34285. This property was listed for sale on May 10, 2024 by BEAR REALTY INC, it's currently listed at $1,790,000. It has been on the market for a total of 20 days and was last sold on June 19, 2023. This listing's school district is Sarasota. Nearby schools include Venice Elementary School, Venice Middle School and Venice Senior High School. 510 Parkdale Mews, Unit MEWS is a 0-bed, 0-bath, 4,530 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BEAR REALTY INC, Lisa Wilson

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.