NEW ROOF in 2025! Welcome to Hourglass Lakes, the "Hidden Gem" of
South Venice! From the moment you arrive in this charming, all-ages
community of just 80 villas, you'll feel just how special it truly
is. Tucked toward the back of the neighborhood, this WATERFRONT
two-bedroom, two-bath villa with a spacious two-car garage offers
both privacy and comfort. Enjoy your morning coffee in the screened
and gated courtyard just off the kitchen and primary suite with
rebuilt deck in October 2026. An adorable patio sits right off the
dining area in the great room! A bright Florida room, connected to
both the living room and primary suite with sliding glass doors,
adds even more flexible space to enjoy. The home's split-bedroom
layout places the primary and guest suites on opposite ends of the
home for maximum privacy. A hidden pocket door creates a secluded
guest area with its own bath-perfect for visitors. Storage is
plentiful, featuring a coat closet in the foyer, linen closets in
both bathrooms, a generous walk-in closet in the primary suite, a
roomy guest closet, and even attic access with pull-down stairs.
The oversized, two-car garage includes a utility sink, space for a
workbench or storage, and a conveniently located utility nook
housing the HVAC system and water heater. Inside, the laundry/mud
room offers additional cabinetry and ample space. The eat-in
kitchen is well-equipped with abundant cabinet storage, LED
lighting, a new stainless steel dishwasher, new SS stove & range
hood garbage disposal, side-by-side fridge, and a stainless steel
range hood. Much of the interior has been freshly painted as well!
Outside, adjustable Bahama shutters provide shade while still
letting in natural light and views. The covered, screened front
entry is great for protecting visitors and deliveries from the
elements. The low HOA fee includes access to the private clubhouse
with a heated (and summer-cooled) pool and a spa, along with
professional management and landscaping services! Residents enjoy
an active lifestyle with clubs, games, social events, and regular
gatherings. Located just a few miles from Manasota Key, Englewood,
and Venice beaches, you'll have easy access to dining, shopping,
golf, nature spots, medical facilities, and more. Come see for
yourself-schedule your showing today and discover your new Venice
retreat in Hourglass Lakes!
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%.
How much can I actually make?
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.
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