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About this home
1782 Coconut Dr is a 1972-built home in Venice Gardens, Venice. Inside you'll find 6 bedrooms, 3 bathrooms, and 2,622 square feet of living space. Listed at $760,000 (about $290/sqft), 583 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Are you looking for an opportunity to own a property and business, then this could be the one! Stop the car! Situated in the heart of Venice, which is often referred to as the "Sharks Tooth Capital of the World", and hosting a plethora of amenities, beaches, historical points of interest and museums, this reputable 6 Bedroom Assisted Living Facility, licensed for 8 residents that is turnkey and ready for its new Owner. Do you have a passion for assisting Seniors, enjoy seeing others thrive from the care and support that you offer them, then this opportunity to begin or add this home to a portfolio could be the prospect you hoped for. As you approach the home, the exterior of the home is framed by the beautiful tree, and red blush of the flowers that welcome you to the entrance of the home. As you step inside, you are welcomed to a screened lanai, which, on a Spring morning, is an ideal spot to enjoy a morning beverage or breakfast before starting out the day! The interior of the home is bright, which allows the light to infiltrate the room. With ample space and seating for the residents of this home, and a separate dining area, there is much scope for entertaining, and enjoying the ambience of this home. The well-equipped kitchen area, with the soft warm tones of the wood cabinetry and stainless-steel appliances makes for a perfect place to prepare meals, bake cakes and cookies or entertain. As you walk through the home, you are drawn to the eclectic mix of laminate wood flooring, celebrating the different wood textures throughout the home. The spacious bedrooms provide for great accessibility, furnishings and the bathrooms facilitate accessibility with the roll in showers. The homelike feel is in abundance. Just when you thought you had seen it all! As you utilize the French doors from the kitchen, you are transported to an outside oasis with a gorgeous, paved area with a Gazebo for those summer evenings, framed by the palms that create additional privacy and shade. Need storage, then be sure to check out the shed!. The Assisted Living is licensed for *8* Residents with the Agency for Health Care Administration, and is in good standing. With a portable generator, this property is compliant with the Emergency Management Planning. *Income Generating* The roof is 5 Years Old, and the Seller has made some great updates to this home! This investment opportunity is waiting for you! Call today to schedule a tour! *Please maintain the privacy of residents and staff at the facility, by scheduling an appointment - please do not approach the property*
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
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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
$760,000
$290 per sq ft
Beds and baths
6 beds, 3 baths
Size
2,622 sq ft
Time on market
592 days
Year built
1972
Monthly payment
About $4,882/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,454 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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