by Global Lifestyle Properties

See Home Value
$575,000
● House - Off Market

505 VILLAS DRIVE

VENICE, FL 34285
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,028 Ft²
$3,513
Est. Monthly
4.48%
Cap Rate

About This Property

Sought-after neighborhood of Golden Beach. This property is being sold for land value only. The exceptional property is a gem, ideally just minutes from the pristine beaches where the breezes and sounds of waves become part of everyday rhythm of life. It's a blank canvas waiting for your vision to unfold, offering the freedom to create anything you desire and more. The location also places you in the heart of everything you need. Within minutes, you have access to vibrant array of shopping, dining and entertainment options. Whether you are in the mood for fine dining, casual cafes or boutique shops, everything is in proximity, offering the ideal balance of relaxation and convenience. Medical facilities are nearby, giving you peace of mind with top-notch care. With such a desired location, this property is ideal for anyone looking to build a custom home. You'll have the freedom to shape the design, materials, and layout to suit your personal style and needs, whether you want a sleek, modern retreat or a sprawling Venice Island estate. It's the opportunity to create a one-of-a-kind sanctuary in one of the most desirable locations on the coast.
Unit Size
2,028 Ft²
Days on Market
138 days
Land Size
0.23 acres
Price per sqft
$320
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #N6135219)

Price History

Date / Event Date Event Price
Mar 26, 2025 Sold
Sold
Mar 4, 2025 In contract -
In contract
Jan 31, 2025 Price Decreased $649,900
↓ $55K (7.8%)
Price Decreased
Nov 8, 2024 Listed by PREMIER SOTHEBYS INTL REALTY $704,900
Listed by PREMIER SOTHEBYS INTL REALTY
Jun 9, 1998 Sold
Sold
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Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 690
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 113

    Dimensions

  • Lot Size Square Feet: 9,900
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOLDEN BEACH UNIT 2
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 2 BLK 12 GOLDEN BEACH UNIT 2

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T03 T03D
  • Census Tract: 002401

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 37B
  • Account Number: 0177160012
  • Subdivision Tract Number: 1143
  • Parcel: 0177-16-0012
  • Block: 12
  • Lot: 2
  • Meridian: SEC 13 TWN 39S RNG 18E
  • Municipality: CITY OF VENICE
  • Latitude: 27.0878
  • Longitude: -82.4533

    Address

  • Full Address: 505 Villas Dr
  • Legal Unit: 2
  • Address - House Number: 505
  • Address - Street Name: Villas
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Venice
  • Carrier Code: C055
  • 4-Digit Zip Code: 3033
  • Zip Code: 34285

Valuation

    Tax

  • Total Area: 2,928
  • Tax Year: 2023
  • Tax Amount: $385,716
  • Tax Rate Code Area: 0300

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 911,730
  • High Value: 1,087,441
  • Low Value: 736,020

    Market Valuation

  • Market Total Value: $623,400
  • Market Land Value: $489,400
  • Market Improvement Value: $134,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,372

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 1998
  • Current Sale Recording Date: Jun 09, 1998
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1998075560
  • Previous Sale Recording Date: Sep 16, 1993
  • Previous Sale Contract Date: Sep 14, 1993
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Golden Beach


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Nearby Rentals

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Unit for rent at 1302 Mango Avenue, VENICE, FL, 34285

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1302 Mango Avenue, VENICE, FL, 34285 Listing by Jane Hunter
Unit for rent at 240 Santa Maria Street, VENICE, FL, 34285

$2,600 /mo

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  • 1,000 ft²
240 Santa Maria Street #225, VENICE, FL, 34285 Listing by Jeremy Myers


Frequently Asked Questions

When was property at 505 Villas Drive built and last sold?
The property at 505 Villas Drive was built in 1967 and last sold on Jun 8, 1998 for $229,000.
How much is this home worth?
The estimated value of the home located at 505 Villas Drive is $0.
What are some comparable homes to 505 Villas Drive?
There are currently no comparable homes to 505 Villas Drive.