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About this home
818 The Rialto is a 1956-built home in South Venezia Park, Venice. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,570 square feet of living space. Listed at $749,900 (about $478/sqft), 34 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Seller will consider buyer concessions. On the island, just blocks to water & all of Venice’s GORGEOUS-pristine beaches (Casperson, Sharkey’s, dog beach & Venice beach are all minutes away). Almost $300K in updating this home. This is an open floor plan home with a massive living room, an additional front family room with beautiful views, 2 bedrooms, both are plenty big for king beds (currently in both). The bedrooms each have large closets with lighting. 2 full bathrooms (both have been redone), PLUS an extra room with a custom built-in bunk-Murphy beds (2 twin xl’s) which is brand new and also used for our office (no closet). Upgrades: new central heating and air (under warranty), new custom pebble tech saltwater sports pool (shallow on both ends for volleyball) with a huge beach area, lighting, water features, auto fill, a super heater (will heat to over 100 @ Christmas), 2 skimmers and a new 100 amp sub-panel installed on pool equipment side. Matching patio area and walk-way installed to the pool. Brand new oversized hurricane windows & doors throughout (the front door is a custom frosted glass hurricane door). Exterior of the home was fully painted with high grade Duration paint. New septic lines installed, new main electrical panel, new hot water heater installed and relocated to outside storage room under the carport. New ceiling fans with remotes and recessed lighting added through the entire home, new frosted glass closet doors in both bedrooms. The bathroom w/ laundry was completely gutted and redone top to bottom (new shower pan, new plumbing in the wall, new toilet, new vanity, new fixtures, new shower enclosure w/gorgeous white tile). Additionally, it includes new custom built-in cabinetry designed and installed specifically for efficient storage, including a clothes bar to hang laundry easily. There is also a MASSIVE walk-in storage room with a frosted glass door and floor to ceiling custom builtins in this area! Brand new appliances (fridge has filtered water and an ice maker in the door) kitchen cabinetry is all SOLID wood, new solid white quartz countertops, new double sink and fixtures! New custom high-end window coverings throughout, (blackout in guest room). New massive heavy duty wood shed @ the back of the property with a work bench. New automatic massive Generac generator installed with an underground 500 gallon propane tank (will run the entire home for over a week if the power goes out)!!! New gutters and downspouts installed on the home. New white vinyl fencing installed around the entire yard with 3 gates! Access to an through alley out back that is huge, most homes on the street build a garage out back and pull into their homes through the alley, or you could build an ADU… options are endless! Massive window installed in the west facing wall in big living room for gorgeous views in the evening! Solar installed so your costs will be LOW with a tiny service fee to FPL monthly. At the end of year 3 you can cancel at NO cost or keep the 20 year contract (with electricity costs continuing to rise this is a huge future savings!).
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$749,900
$478 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,570 sq ft
Time on market
34 days
Year built
1956
Monthly payment
About $4,832/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,552 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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