938 THE RIALTO
About This Property
Step inside to discover a beautifully updated interior featuring an open-concept layout ideal for family living and entertaining. The entire second floor is dedicated to the luxurious primary en suite, offering unparalleled privacy. Enjoy dual vanities with granite countertops, a makeup station, spa-like jetted tub, an oversized walk-in tiled shower with dual heads and rain feature, and a closet so large it can double as an office, nursery, or guest space.
Downstairs, the home boasts multiple living and dining areas including a gourmet kitchen with propane gas range, stainless steel appliances, wall oven and microwave, wine rack, granite counters, beverage fridge, and custom cabinetry. A large guest en suite with private bath offers handicap accessibility, while two additional bedrooms share a full bath-with one having its own half bath, functioning almost as a second suite. The formal dining room at the front of the home offers flexibility as a home office or multipurpose space.
Step outside to your private backyard oasis with a HEATED, newly resurfaced SALTWATER POOL (2023) surrounded by a brand-new paver pool enclosure (2024) engineered to withstand 160 mph winds and fitted with no-see-um screens. Additional recent upgrades include:
New Roof (2020)
New Soffit & Fascia (2021)
New Saltwater Pool System with new cell (2024), skimmer (2022), motor (2025), and filter (2023)
New Hot Water Heater (2023)
Updated Electrical (recent)
Dual HVAC Systems (2015 & 2018) with UV filtration and duct cleaning (2022)
Perma-Liner sewer system (2022) with 50-year transferable warranty
Fresh exterior paint & screened-in front porch (2023)
Professional landscaping by Pura Vida Gardens
A back driveway with a grandfathered-in shed, perfect for all your outdoor tools and toys! Countless custom features add to this home's charm and functionality, making this home one-of-a-kind on Venice Island.
Located walking distance to Venice Beach, the Venice Fishing Pier, historic downtown, Venice High School, Legacy Trail and much more; this home places you right in the heart of the island's vibrant coastal lifestyle.
Don't miss your opportunity to own one of the most unique and upgraded homes on Venice Island. Whether enjoying sunset swims or strolling the sandy shores, 938 The Rialto invites you to start living your Florida dream.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Price Decreased |
$997,000
↓ $53K
(5.1%) | |
| Price Decreased | |||
| Aug 16, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$1,100,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017