1488 Jupiter Road
Description
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;...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.
- Listed by: Craig McCoy 941.303.3609 CraigHPMcCoy@gmail.com Brokerage DRE #1047042 • PREFERRED SHORE LLC
Location
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$2,252 per month
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1Property Information for 1488 Jupiter Road
- Taxes: $2,623 / year
- MLS Type: Residential / Single Family Residence
- County: Sarasota County
- Subdivision Name: SOUTH VENICE
- Township: 39S
- View: Trees/Woods
- Waterfront: No
- Furnished: Unfurnished
- Stories: 1
- Year Built: 1991
- Lot Size: 0.37 AC / 16,000 SF
- Building Area Source: Public Records
- Building Area Total: 1665.0
- Building Area Units: Square Feet
- Community Features: Dock, Fishing, Gulf/Ocean Front, Intracoastal Waterway, Private Boat Ramp, Water Access, Association Recreation - Owned, Deed Restrictions, Golf Carts OK, Park, Playground, Tennis Court(s)
- Direction Faces: South
- Directions: rt41 to Aligator road, accross from diner, head west left on shamrock, quick right on lemon bay dr, left on Egret right on Falcon and right on Jupiter rd. down on right house witth vacant lot on left
- Elementary School: Taylor Ranch Elementary
- Middle Or Junior School: Venice Area Middle
- High School: Venice Senior High
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Road Frontage Type: Street Paved
- Senior Community: No
- SW Subdiv Community Name: South Venice
- Unit Number: No
- Street Number: 1488
- Street Name: JUPITER
- Street Suffix: ROAD
- State: FL
- City: VENICE
- Carport: No
- Garage: No
- Parking Features: Off Street, RV Parking
- Association Approval Required: No
- Association Fee Includes: None
- Association Fee Requirement: None
- Association: No
- CDD: No
- Tax Book Number: 6-63
- Tax Legal Description: LOTS 5127 THRU 5130 SOUTH VENICE UNIT 20
- Tax Lot: 5127
- Tax Year: 2025
- Additional Parcels: No
- Additional Water Information: Access to deeded Gulf coastal beach via ferry, deeded boat launch, optional HOA/community center. $200 pass required to access ferry or boat launch Located 1000 feet west on Intracoastal Waterway. Passes optional.
- Lot Features: City Lot, Level, Oversized Lot
- Lot Size Dimensions: 160 x 100
- Parcel Number: 0457020037
- Total Acreage: 1/4 to less than 1/2
- Water Access: No
- Water Body Name: GULF OF AMERICA
- Water Extras: Boat Ramp - Private
- Water Extras: Yes
- Water: Boat Ramp - Private
- Zoning: RSF3
- Zoning Compatible: Yes
- Living Area: 997
- Lot Dimensions: 160 x 100
- Year Built Numeric: 1991
- Accessibility Features: Grip-Accessible Features
- Amenities Additional Fees: Ferry and dboat launch use $200 ea annual
- Association Amenities: Park, Pickleball Court(s), Playground
- Flood Zone Code: AE
- Flood Zone Date: 03-27-2024
- Flood Zone Panel: 12115C0341G
- Home Warranty: No
- Homestead: Yes
- New Construction: No
- Property Attached: No
- Property Condition: Completed
- Public Survey Range: 19E
- Public Survey Section: 32
- Dock YN: No
- Sewer: Septic Tank
- Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
- Water Source: Well
- Construction Materials: Block, Stucco
- Exterior Features: Lighting, Rain Gutters
- Fencing: Chain Link, Wood
- Foundation Details: Slab
- Levels: One
- Other Structures: Shed(s)
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Security Features: Security Lights, Smoke Detector(s), Touchless Entry
- Spa: No
- Waterfront Features: Gulf/Ocean Front
- Waterfront Feet Total: 0
- Number Of Stories: 1
- Bedrooms Total: 2
- Bathrooms Full: 2
- Additional Rooms: Bonus Room, Florida Room
- Appliances: Bar Fridge, Convection Oven, Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer
- Cooling: Central Air
- Fireplace Features: Electric, Living Room
- Fireplace: Yes
- Flooring: Luxury Vinyl, Tile, Vinyl
- Heating: Electric
- Interior Features: Accessibility Features, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
- Laundry Features: Corridor Access, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Room Count: 9.0
- Water View: No
- Window Features: Shutters, Thermal Windows
- Bathrooms Half: 0
- Pets Allowed: Yes
Property History for 1488 Jupiter Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Sep 4, 2026 | Listed (Active) MFRMLS #A4705191 | $400,000 | — |
| May 4, 2026 | Withdrawn MFRMLS #A4659393 | $369,900 | — |
| Mar 19, 2026 | Price Change MFRMLS #A4659393 | $379,900 | — |
| Feb 24, 2026 | Price Change MFRMLS #A4659393 | $389,999 | — |
| Jan 14, 2026 | Listed (Active) MFRMLS #A4659393 | $399,999 | — |
| Jan 12, 2026 | Price Change MFRMLS #A4659393 | $399,999 | — |
| Dec 4, 2025 | Temporarily Off Market MFRMLS #A4659393 | $420,000 | — |
| Dec 4, 2025 | Temporarily Off Market MFRMLS #A4659393 | $399,999 | — |
| Nov 20, 2025 | Price Change MFRMLS #A4659393 | $420,000 | — |
| Nov 4, 2025 | Price Change MFRMLS #A4659393 | $429,000 | — |
| Oct 15, 2025 | Price Change MFRMLS #A4659393 | $443,000 | — |
| Aug 29, 2025 | Price Change MFRMLS #A4659393 | $445,000 | — |
| Aug 11, 2025 | Price Change MFRMLS #A4659393 | $449,999 | — |
| Aug 8, 2025 | Listed (Active) MFRMLS #A4659393 | $460,000 | — |
| Aug 31, 2020 | Sold MFRMLS #N6110699 | $205,000 | — |
| Aug 14, 2020 | Sold (Public Record) Public Record #676683456 | $205,000 | +5.0% / yr |
| Jul 6, 2020 | Pending MFRMLS #N6110699 | — | |
| Jun 26, 2020 | Listed (Active) MFRMLS #N6110699 | $215,000 | — |
| May 21, 2020 | Withdrawn MFRMLS #C7427168 | $229,000 | — |
| Mar 17, 2020 | Listed (Active) MFRMLS #C7427168 | $229,000 | — |
| Dec 30, 2009 | Sold (Public Record) Public Record #280340583 | $121,500 | +9.3% / yr |
| Dec 30, 2009 | Sold MFRMLS #D5776157 | $121,500 | — |
| Dec 14, 2009 | Pending MFRMLS #D5776157 | — | |
| Dec 1, 2009 | Listed (Active) MFRMLS #D5776157 | $124,900 | — |
| Feb 2, 2009 | Sold MFRMLS #D5771327 | $22,500 | — |
| Feb 2, 2009 | Sold MFRMLS #D5771205 | $112,000 | — |
| Feb 2, 2009 | Pending MFRMLS #D5771327 | — | |
| Jan 29, 2009 | Sold (Public Record) Public Record #262702589 | $112,000 | — |
| Jan 29, 2009 | Sold (Public Record) Public Record #262702589 | $112,000 | — |
| Dec 26, 2008 | Pending MFRMLS #D5771205 | — | |
| Nov 30, 2008 | Listed (Active) MFRMLS #D5771327 | $45,000 | — |
| Nov 28, 2008 | Listed (Active) MFRMLS #D5771205 | $98,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 09/04/2026 | Listed (Active) MFRMLS #A4705191 | $400,000 |
| 05/04/2026 | Withdrawn MFRMLS #A4659393 | $369,900 |
| 03/19/2026 | Price Change MFRMLS #A4659393 | $379,900 |
| 02/24/2026 | Price Change MFRMLS #A4659393 | $389,999 |
| 01/14/2026 | Listed (Active) MFRMLS #A4659393 | $399,999 |
| 01/12/2026 | Price Change MFRMLS #A4659393 | $399,999 |
| 12/04/2025 | Temporarily Off Market MFRMLS #A4659393 | $420,000 |
| 12/04/2025 | Temporarily Off Market MFRMLS #A4659393 | $399,999 |
| 11/20/2025 | Price Change MFRMLS #A4659393 | $420,000 |
| 11/04/2025 | Price Change MFRMLS #A4659393 | $429,000 |
| 10/15/2025 | Price Change MFRMLS #A4659393 | $443,000 |
| 08/29/2025 | Price Change MFRMLS #A4659393 | $445,000 |
| 08/11/2025 | Price Change MFRMLS #A4659393 | $449,999 |
| 08/08/2025 | Listed (Active) MFRMLS #A4659393 | $460,000 |
| 08/31/2020 | Sold MFRMLS #N6110699 | $205,000 |
| 08/14/2020 | Sold (Public Record) Public Record #676683456 | $205,000 +5.0% / yr |
| 07/06/2020 | Pending MFRMLS #N6110699 | — |
| 06/26/2020 | Listed (Active) MFRMLS #N6110699 | $215,000 |
| 05/21/2020 | Withdrawn MFRMLS #C7427168 | $229,000 |
| 03/17/2020 | Listed (Active) MFRMLS #C7427168 | $229,000 |
| 12/30/2009 | Sold (Public Record) Public Record #280340583 | $121,500 +9.3% / yr |
| 12/30/2009 | Sold MFRMLS #D5776157 | $121,500 |
| 12/14/2009 | Pending MFRMLS #D5776157 | — |
| 12/01/2009 | Listed (Active) MFRMLS #D5776157 | $124,900 |
| 02/02/2009 | Sold MFRMLS #D5771327 | $22,500 |
| 02/02/2009 | Sold MFRMLS #D5771205 | $112,000 |
| 02/02/2009 | Pending MFRMLS #D5771327 | — |
| 01/29/2009 | Sold (Public Record) Public Record #262702589 | $112,000 |
| 01/29/2009 | Sold (Public Record) Public Record #262702589 | $112,000 |
| 12/26/2008 | Pending MFRMLS #D5771205 | — |
| 11/30/2008 | Listed (Active) MFRMLS #D5771327 | $45,000 |
| 11/28/2008 | Listed (Active) MFRMLS #D5771205 | $98,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1488 Jupiter Road
Schools near 1488 Jupiter Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Taylor Ranch 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of PREFERRED SHORE LLC, Craig McCoy
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 2026 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.
