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5216 LAKE VENICE DRIVE

House For Sale
$705,000

BTC: 9.12031048

ETH: 287.87260106

New
3 bds
2 ba
3,017 sqft

Overview

Short Sale. NO CDD, and LOW HOA. Discover a rare opportunity to own a nearly new 2023 spacious custom built luxury home located in the highly sought-after gated community of Lake Toscana. This beauty sits on an expansive ½-acre homesite with no rear neighbors. Features 3 bedroom, 2.5 bath, 3 car garage with long circular courtyard driveway, a study/den( that can be invented into a 4th bedroom), great room, dining room, and a media room with a fireplace. The gourmet kitchen anchors the home with generous prep space, walk-in pantry withcustom shelving, large island, custom quartz countertops, stainless steel appliances, upgraded built-in wall oven with a layout designed for gathering. The primary suite/master bedroom is a true escape, featuring a spa-inspired soaking tub, oversized walk-in shower, and spacious walk-in closet. This property also features a Culligan whole-home water treatment system, Vivint smart home security system, interior and garage attic access with wood stairs, chair-height toilets throughout, professionally designed landscaping with mature palm trees. Lake Toscana offers residents enjoy scenic trails, a lakefront pavilion, playground, and direct access to the Little Manatee River for kayaking, fishing, and outdoor recreation. Tucked away in one of Tampa Bay’s most unique conservation communities, conveniently located near shopping, dining, top-rated schools, and easy access to Tampa, St. Pete, and Sarasota.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway / Garage Door Opener / Oversized
Year Built:
2023
Lot:
0.52 Acres
Heating:
Central / Electric
Price/sqft:
$234
Cooling:
Central Air
HOA:
$227

Valuation

Our model vs. what's actually selling nearby.
Estimate
$727,495
$508K – $792K
Confidence Low
List vs. estimate
$22K below estimate
List $705,000 · -3.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$233
+23.8% vs. city median $188
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$643
2025
HOA
$227/mo
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Water Softener

    Other interior features

    • High Ceilings

    • Open Floorplan

    • Pest Guard System

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Circular Driveway

    • Driveway

    • Garage Door Opener

    • Oversized

    Property

    • Levels: One

    • Exterior Features: French Doors / Hurricane Shutters / Irrigation System / Lighting / Private Mailbox / Sidewalk / Sliding Doors / Sprinkler Metered

    Lot

    • Lot: 0.52 Acres

    Other Property Information

    • Parcel Number: U3232209SN0000000042B.0

    • Zoning: AR

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Available

    • Electricity Connected

    • Sprinkler Meter

    • Sprinkler Well

    • Street Lights

    • Underground Utilities

    • Water Available

  • Other financial information

    • HOA: $227

    • HOA Frequency: Monthly

    • Annual tax amount: $643

  • Source details

    • MLS ID: TB8544555

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Other Room

    • Laundry Features: Inside

    • Lot Features: Irregular Lot / Landscaped / Oversized Lot / Sidewalk

    • Patio And Porch Features: Covered

    • Window Features: Blinds

    • Direction Faces: Northeast

    • Architectural Style: Contemporary

    • Fireplace: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3017

    • Water Source: Well

    • Lot Size Dimensions: 90 x 250

    • Subdivision Name: RIVERRANCH PRESERVE PH 3

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: COASTAL PROPERTIES GROUP INTERNATIONAL