800 RIVIERA STREET
About This Property
This exceptional 3-bedroom, 2-bath, nearly 2,400 sq ft, pool home in the highly sought-after Venezia Park neighborhood is more than just a piece of real estate-it's an opportunity to craft your dream coastal lifestyle. Situated on a prime corner lot, this property represents a rare blank canvas awaiting your vision. Whether you're an investor looking to rebuild or a homeowner dreaming of a custom-built sanctuary, this location offers unparalleled potential.
Just steps from downtown Venice's vibrant scene, you'll enjoy immediate access to world-class dining, boutique shopping, cultural attractions, and the iconic beachfront restaurants like Sharky's and Fins. Imagine hopping on a bike or golf cart to explore the island's unique charm, browsing the weekend farmers market, or enjoying impromptu entertainment just outside your door.
This property is being sold for land value, presenting an extraordinary opportunity to create something truly extraordinary. With medical facilities nearby and the perfect balance of relaxation and convenience, you'll be at the heart of everything that makes Venice Island special. Whether you envision a sleek modern retreat or a sprawling coastal estate, the possibilities are limitless.
Your future home awaits in one of the most desirable locations on Florida's Gulf Coast-a place where every day feels like a vacation and every sunset tells a story.
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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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Relisted | $565,000 | |
| Relisted | |||
| May 20, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Relisted | $565,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017