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38 PLUMOSA DRIVE
About This Property
Ideally located, you can walk or bike into charming downtown Venice, filled with boutique shops, dining, and vibrant local culture. The beautiful Gulf beaches are just over a mile away and the renowned Legacy Trail is practically right outside your back door – perfect morning rides or evening strolls.
This home has been COMPLETELY RENOVATED, including a NEW ROOF and HVAC and is offered TURNKEY furnished, allowing you to step right into the Florida lifestyle without lifting a finger. Even better – NO HOA fees and no dock fees, giving you the freedom to truly enjoy your property without restrictions.
Nestled in the heart of quaint downtown Venice, this is a rare opportunity to own a piece of paradise where boating, beach life and walkability all come together seamlessly.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 22, 2026 | Price Decreased |
$400,000
↓ $40K
(9.1%) | |
| Price Decreased | |||
| Dec 19, 2025 | Price Increased |
$440,000
↑ $30K
(7.3%) | |
| Price Increased | |||
| Aug 24, 2025 | Price Decreased |
$410,000
↓ $50K
(10.9%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by RE/MAX PALM REALTY OF VENICE | $460,000 | |
| Listed by RE/MAX PALM REALTY OF VENICE | |||
| Nov 20, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017