Sold as a Portfolio - The Venice Beach Villas is an owner manager/operated twenty-three-unit hotel, located on two parcels of land, within a five-minute walk of each other. The first parcel is located directly on the Downtown Venice main strip of Venice Avenue, just west of all the popular retail destinations. This location features thirteen total units, in three masonry/concrete block construction buildings. The unit mix for this location consists of One, 2 bedroom / 2 bathroom unit, Three, 2 bedroom / 1 bathroom units, Seven, 1 bedroom / 1 bathroom units, and Two, studio/efficiency units. The Venice Ave location features the main office for both properties, and is equipped with a larger heated in-ground pool. The location is within one block west of the downtown shops & restaurants, and just three blocks east of the luxurious sand on Venice Beach! The second parcel is located just a five-minute walk south of the Venice Avenue location, and features ten total units, in four masonry/concrete block construction buildings. The unit mix for this location consists of One, 2 bedroom / 1 bathroom units, Seven, 1 bedroom / 1 bathroom units, and Two, studio/efficiency units. Menendez features a screened in swimming pool, vibrant landscaping, gazebo, and BBQ area alongside the pool. The location is within two blocks west of downtown Venice, and just three blocks east of Venice Beach. All said, the Venice Beach Villas offering is a tremendous opportunity to acquire a well performing hotel asset with upside, in a strong vacation market, with limited competition DO NOT WALK PROPERTY, DISTURB MANAGEMENT OR GUESTS

  • MLS# U8007869
  • Style Industrial
  • Sub-Type Resale
  • Status Active
  • Year 1952
  • Days On Site 5
SQ Feet 6,197
Story(s) 1
Zoning NHO2
Listing Provided By:
Debbie Mueller  of  RADIANT ASSET MANAGEMENT INC
 
 
 
 
 
 
 
 
 
this listing $2,770,000
968.26%
$259,300 in 34285
this listing 6,197 SqFt
493.87%
1,044 SqFt in 34285
this listing $447 $/SqFt
79.73%
$249 $/SqFt in 34285
this listing 5 on site
88.89%
45 on site in 34285

Location

State FL
County Sarasota
City VENICE
Zip Code 34285
Area 34285 - Venice

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