1359 WASHINGTON DRIVE
About This Property
Discover your slice of paradise in Gulf View Estates, one of Venice's most sought-after "Hidden Gem" communities. This beautifully updated 3-bedroom, 2-bath custom home sits on an 80x100 corner lot offering a serene private waterview setting and the ideal Florida lifestyle.
Enjoy relaxing or entertaining on the oversized 38x13 screened lanai overlooking the sparkling pool and tranquil water area. Inside, the open, split-bedroom floor plan is light and bright with soaring ceilings and multiple sliding glass doors that bring the outdoors in. The spacious owner's suite features direct lanai access, a large walk-in closet, and an en-suite bath with a double-sink vanity, walk-in shower, and private water closet.
The chef's kitchen is a delight with solid oak cabinetry, quartz countertops, custom tile backsplash, stainless steel appliances, a walk-in pantry, and a cozy breakfast nook with bay window views. A formal dining room with a tray ceiling adds elegance for entertaining. One guest room even opens directly to the lanai, making it perfect for a home office or den.
Recent updates include a new roof (2020) and new HVAC (2024) for added peace of mind. Additional features include retractable hurricane screens, an interior laundry room, and a side-entry 2-car garage with a laundry tub and extra storage.
All this is located in Gulf View Estates, a friendly, deed-restricted community with LOW HOA fees of just $325/year and NO CDD fees. You're only 5 minutes to Manasota Key Beach and moments from Venice's shopping, dining, golf, and entertainment-including CoolToday Park, home of the Atlanta Braves Spring Training!
Live the Florida lifestyle you've been dreaming of-schedule your private showing today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017