46
Map
$288,900
↓ $10K (3.3%)
●
House -
For Sale
1509 BANYAN DRIVE
VENICE, FL 34293
2 Beds
1 Bath
1,421 Ft²
$1,675
Est. Monthly
About This Property
PRICE IMPROVEMENT !!!! Seller welcomes all offers.
Welcome to 1509 Banyan Drive, an inviting 2-bedroom, 1 bath home offering an excellent opportunity to own in the heart of Venice. Whether you're purchasing your first home, looking for a seasonal retreat, or adding to your investment portfolio, this property provides flexibility and outstanding access to everything Southwest Florida has to offer. Enjoy being just minutes from charming Downtown Venice, beautiful Gulf beaches, shopping, everyday conveniences, and an impressive selection of local restaurants. The location also provides easy access to the shops, dining, entertainment, and events at Wellen Park, while Siesta Key and Sarasota are close enough for memorable day trips. With its convenient Venice Gardens location and endless possibilities, this home is ready for its next chapter. Schedule your private showing and discover the value, lifestyle, and potential of 1509 Banyan Drive!
Welcome to 1509 Banyan Drive, an inviting 2-bedroom, 1 bath home offering an excellent opportunity to own in the heart of Venice. Whether you're purchasing your first home, looking for a seasonal retreat, or adding to your investment portfolio, this property provides flexibility and outstanding access to everything Southwest Florida has to offer. Enjoy being just minutes from charming Downtown Venice, beautiful Gulf beaches, shopping, everyday conveniences, and an impressive selection of local restaurants. The location also provides easy access to the shops, dining, entertainment, and events at Wellen Park, while Siesta Key and Sarasota are close enough for memorable day trips. With its convenient Venice Gardens location and endless possibilities, this home is ready for its next chapter. Schedule your private showing and discover the value, lifestyle, and potential of 1509 Banyan Drive!
Unit Size
1,421 Ft²
Days on Market
34 days
Land Size
0.18 acres
Price per sqft
$203
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1965
Listed By
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100% Occupancy
N/A (extreme outlier) 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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 days ago (Stellar MLS #A4704192)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$288,900
↓ $10K
(3.4%) | |
| Price Decreased | |||
| Aug 26, 2026 | Listed by LPT REALTY, LLC | $298,900 | |
| Listed by LPT REALTY, LLC | |||
| Apr 22, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Air Conditioning
Parking Details
Has Carport
Interior Details
Full Bathrooms: 1
Interior Features: Crown Molding, Open Floorplan, Vaulted Ceiling(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Window Treatments
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Laminate
Laundry Features: Inside
Rooms: 5
Exterior Details
Square Footage: 1421
Square Footage Source: $0
Year Built: 1965
Building Area Total: 1691
Levels: One
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block
Lot Size Area: 7906
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7906
Lot Size Dimensions: 72 x 118
Tax Lot: 1036
Water Source: Public
Financial Details
Tax Annual Amount: $3,075
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Venice Gardens
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Listed by: Susan Beaver, LLC
LPT REALTY, LLC
Last Updated: 13 days ago
Data Source: Stellar MLS, MLS# A4704192
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
LPT REALTY, LLC
Last Updated: 13 days ago
Data Source: Stellar MLS, MLS# A4704192
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017