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785 IBIZA LOOP

House For Sale
$389,000

BTC: 4.78121927

ETH: 159.95065789

New
2 bds
2 ba
1,496 sqft

Overview

Experience the perfect blend of modern luxury, thoughtful upgrades and tranquil waterfront living in Palencia, one of North Venice's newer gated communities. Completed in late 2024, this beautifully appointed two-bedroom, two-bath villa with a versatile den featuring elegant glass French doors offers the appeal of nearly new construction with an impressive collection of custom enhancements already in place. Perfectly positioned along an expansive pond, this residence enjoys peaceful water views and an exceptional location directly beside the community clubhouse, resort-style pool and fitness center. Inside, a bright, inviting floor plan showcases ceramic tile flooring throughout, with no carpet, a professionally painted interior and custom ceiling fans in both bedrooms, the main living area and lanai. Impact-resistant windows and doors provide added peace of mind, while insulation in all interior walls offers an additional layer of comfort and sound reduction. Sophisticated motorized dual roller shades offer effortless control of natural light and privacy, transitioning from softly filtered sunlight to room-darkening coverage at the touch of a button. Thoughtful upgrades continue throughout the home, including professionally designed custom closets, two pantries and additional hallway storage. A whole-house generator provides another valuable layer of convenience and preparedness, while professionally sealed grout throughout the home, including the bathrooms, showers and kitchen backsplash, reflects the attention to detail found at every turn. Step outside to the extended screened lanai and adjoining brick paver patio, where picturesque water views create a beautiful setting for morning coffee, outdoor dining or evening relaxation. Additional enhancements include a widened brick paver driveway, gutters, and a garage featuring professionally finished epoxy flooring and freshly painted walls. The outdoor patio also features removable artificial turf over the existing brick pavers, allowing flexibility to suit your personal style. Beyond the residence, Palencia offers a welcoming lifestyle with a community pool, fitness center, dog park and scenic walking path that winds along the pond. Conveniently situated near the gated entrance, the villa offers easy access in and out of the neighborhood. Enjoy the peaceful atmosphere of North Venice without sacrificing proximity to everyday conveniences, including Publix, shopping, dining and Interstate 75. The beautiful Gulf Coast beaches and charming boutiques, restaurants and attractions of historic Venice Island are also just a short drive away. With its nearly new construction, extensive upgrades, exceptional waterfront setting and desirable location beside the community amenities, this remarkable villa offers an opportunity to enjoy the best of Florida living without the wait or added expense of making a new home your own.

Location

Details

Type:
Residential
Parking:
Driveway / Garage Door Opener
Year Built:
2024
Lot:
0.10 Acres
Heating:
Central / Electric
Price/sqft:
$260
Cooling:
Central Air
HOA:
$312

Valuation

Our model vs. what's actually selling nearby.
Estimate
$399,945
$360K – $465K
Confidence Low
List vs. estimate
$10K below estimate
List $389,000 · -2.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$260
-0.3% vs. city median $260
Based on
152 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,015
2025
HOA
$312/mo
Common Area Taxes, Community Pool, Maintenance Grounds
View
Water
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Freezer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Driveway

    • Garage Door Opener

    Property

    • Levels: One

    • Exterior Features: Sidewalk / Sliding Doors

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 0399020202

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Villa

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Fiber Optics

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $312

    • HOA Frequency: Monthly

    • Annual tax amount: $5,015

  • Source details

    • MLS ID: TB8557183

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Patio And Porch Features: Rear Porch / Screened

    • Window Features: Blinds / Storm Window(s)

    • Direction Faces: North

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1496

    • Water Source: Public

    • Subdivision Name: PALENCIA

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: PREMIER SOTHEBYS INTL REALTY