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807 NECTAR ROAD
About This Property
Recent improvements include a brand-new roof, new air conditioning system, a newly installed septic system with drainfield, replacement of the original cast iron drain lines with new PVC plumbing, brand-new luxury vinyl plank flooring throughout, fresh interior paint, an updated kitchen featuring new cabinetry, quartz countertops, and stainless-steel appliances (refrigerator not included), along with beautifully renovated bathrooms showcasing quality tile work and updated fixtures. These are the kinds of improvements buyers hope to find but rarely encounter in one home.
Inside, the bright, open living and dining area is enhanced by vaulted ceilings and abundant natural light, creating a comfortable space for everyday living and entertaining. The enclosed Florida room provides valuable flexibility and can easily serve as a home office, craft room, reading room, fitness area, or additional living space to suit your needs.
Situated on a spacious corner lot, the property offers a generous yard with room to create your own outdoor retreat, whether you envision a garden, expanded patio, outdoor entertaining space, or other future enhancements. A one-car garage and interior laundry room add to the home's everyday functionality.
Located in South Venice, you'll enjoy convenient access to Venice Beach, Nokomis Beach, Shamrock Park & Nature Center, the Legacy Trail, local golf courses, shopping, dining, and Historic Downtown Venice. Sarasota's renowned arts and cultural attractions, waterfront dining, entertainment, and additional shopping destinations are also within easy reach, providing the best of Florida's Gulf Coast lifestyle.
Combining extensive recent improvements, flexible living spaces, and a location close to beaches, recreation, shopping, and dining, 807 Nectar Road represents an outstanding opportunity to own a home where many of the most significant and costly updates have already been completed. Simply bring your furnishings, add your personal style, and enjoy all that South Venice has to offer.
Information is believed to be accurate but is not guaranteed. Please note there may be a gopher tortoise on the property. Buyers and agents are encouraged to verify all facts and information material to their purchase decision.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$304,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by RESULTS REAL ESTATE INC | $309,900 | |
| Listed by RESULTS REAL ESTATE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017