3248 Hercules ROAD
About This Property
Each of the three generously sized bedrooms has been thoughtfully designed, with the primary suite offering a walk-in closet, spacious en suite bathroom with a walk-in shower, and direct lanai access. The two additional bedrooms provide ample space for family or guests, with large closets, custom blinds, and access to a well-appointed second bathroom featuring a full tub and added vanity space. The home's indoor-outdoor appeal is further elevated by an expansive Florida room, which extends to the covered lanai through custom sliding doors. Here, you'll find the private pool, ideal for relaxation and embodying the pinnacle of indoor-outdoor living.
This home has been thoughtfully upgraded to enhance both comfort and value. A new roof was installed in 2022, hurricane-resistant impact windows were added in 2024, and the pool was resurfaced in 2022. Other recent improvements include a front porch screen (2020), vinyl fencing, custom landscaping, seamless gutters (2021), a high-efficiency toilet in the primary bathroom, a 2024 water softener system, a propane pool heater (2020), and a new hot water heater (2020). The entire home was painted in 2020, ensuring a fresh feel.
Nestled in a desirable, HOA-free neighborhood, this property offers the freedom to make it your own. Optional membership in the nearby Venice Gardens association provides access to an outdoor pool open nearly year-round, along with a range of activities including game nights, dance classes, water aerobics, and themed events like tiki nights and craft sales. This prime location allows easy access to the serene shores of Caspersen Beach, the scenic Legacy Trail, and the Venetian Waterway Park, perfect for biking, walking, and soaking in the area's natural beauty. Venice Beach is just 5 miles away, Nokomis Beach is around 7 miles, and historic downtown Venice with its vibrant shopping and dining options is a short 4-mile drive.
With its blend of modern upgrades, inviting spaces, and prime coastal location, this move-in-ready South Venice home presents an exceptional opportunity to embrace the Florida lifestyle fully. Don't miss out on making this stunning property yours!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2024 | Price Decreased |
$450,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Nov 12, 2024 | Listed by KELLER WILLIAMS ON THE WATER S | $459,500 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
| Mar 10, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017