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508 VALENCIA ROAD

House For Sale
$1,200,000

BTC: 15.09433962

ETH: 509.40056289

20 days
2 bds
2 ba
1,538 sqft

Overview

A remarkable opportunity to own over 1/3 of an acre in the heart of Venice Island. This established property offers the increasingly rare combination of a substantial homesite, existing residence, private pool and an exceptional island location. The existing 2-bedroom, 2 1/2 -bath home provides approximately 1,538 square feet and is livable while offering tremendous potential for renovation, expansion or creating your own custom island retreat. The property is being offered as a land-and-location opportunity for buyers who understand the value of owning one of the larger residential lots on Venice Island. With a private pool, mature setting and ample land, this property offers the opportunity to create something truly special rather than being limited by the smaller lot sizes common throughout the island. Enjoy the quintessential Venice Island lifestyle with easy access to downtown Venice, restaurants, shopping, parks and the Gulf beaches. Bring your architect, builder or renovation vision — opportunities like this are exceptionally hard to replace once they're gone.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1951
Lot:
0.34 Acres
Heating:
Central
Price/sqft:
$780
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$559,500
$274K – $1.1M
Confidence Low
List vs. estimate
$640K above estimate
List $1,200,000 · +114.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$780
+199.6% vs. city median $260
Based on
26 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,624
2025
Pool
In Ground
Pets
Not allowed
All facts and features
  • Flooring

    • Terrazzo

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Washer

    Other interior features

    • Built-in Features

    • Crown Molding

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Sidewalk

    Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: 0176160059

    • Zoning: RSF3

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,624

  • Source details

    • MLS ID: A4708737

    Other facts

    • Construction Materials: Block / Cedar

    • Foundation Details: Slab

    • Fireplace Features: Wood Burning

    • Laundry Features: Laundry Room / Outside

    • Patio And Porch Features: Porch / Screened

    • Pool Features: In Ground

    • Direction Faces: South

    • Other Structures: Shed(s)

    • Fireplace: Yes

    • Living Area: 1538

    • Water Source: Public

    • Subdivision Name: VENICE GULF VIEW SEC OF

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ON THE WATER S