tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,629

1550 Royal Rd, Venice, FL 34293

1550 Royal Rd

VENICE, FL 34293

  • <1 day on market
One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. MOTIVATED SELLER! Seller is offering a $10,000 CREDIT AT CLOSING with an acceptable contract by March 17,2025.This beautifully upgraded 3-bedroom, 2-bath home is located just 1.5 blocks from the South Venice Ferry, private beach, and boat ramp. Residents have the opportunity to purchase access from the South Venice Beach Endowment Trust, granting use of the community's boat ramp and ferry service to the private beach—just a short walk away! Conveniently situated just minutes from some of the area's finest beaches, fishing spots, downtown Venice, and the Legacy Trail, this home is also a few miles from Shamrock Park. Recent updates include a brand-new roof and freshly painted interior in 2025, a remodeled primary bathroom in 2023, a newly updated kitchen with granite counters and large pantry in 2022, new AC 2022, new water filtration system 2023, new septic system 2018, all water lines replaced overhead 2023, and tile flooring throughout. The property spans across three lots, offering a spacious, private, and fenced backyard. Lush landscaping features fruit trees, a fire pit, and ample room for a pool, outdoor kitchen, or other recreational additions. The primary bedroom serves as a luxurious retreat, boasting a walk-in closet, a spa-inspired bathroom with a soaking tub and walk-in shower, and plenty of space for your comfort. A dual vanity and soft, dimmable lighting over the tub create the perfect sanctuary to relax and recharge after a day spent enjoying the beach. The home also offers a split layout for the second and third bedrooms, providing privacy and functionality. Best of all, this home has never flooded!! There are no HOA fees or deed restrictions! Don’t miss this one—schedule your private showing today to view this competitively priced home.

Details

Property type

Single Family Residence

Est. home value

$325,673

Lot size

0.28 acres

Price per sq ft

$209

Year built

1973

Annual property taxes

$2,708.28

HOA

No

Price History

03/10/2025
StellarMLS

StellarMLS #A4643709

Listed
$340,000
+195.65%
08/04/2014
StellarMLS

StellarMLS #A3989982

Sold
$115,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$97,573
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$215,227
Cash to seller
$97,573

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

April 2022

Original loan amount

$225,000

Est. remaining balance

$215,227

Interest rate

3.76%

Loan type

New Conventional, 34 year

Seller

Caitlin T Thompson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/10/2025 at 8:15 PM

Listing updated: 03/10/2025 at 5:03 PM

Listed by: Peggy Soublis, TREND REALTY Phone #: (941) 928-3449

MLS: StellarMLS #A4643709

StellarMLS logo

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