tomo logo

$815,000

Beds
6
Baths
3.0
sq ft
2,622

1782 Coconut Dr, Venice, FL 34293

1782 Coconut Dr

VENICE, FL 34293

  • 1 day on market
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*

Details

Property type

Single Family Residence

Lot size

8,800 sq ft

Price per sq ft

$311

Year built

1972

Annual property taxes

$6,454

HOA

No

Price History

02/25/2025
StellarMLS

StellarMLS #TB8350694

Listed
$815,000
+1.88%
01/02/2025
StellarMLS

StellarMLS #U8224946

Removed
$800,000
08/15/2024
StellarMLS

StellarMLS #U8224946

Price change
$800,000
-1.84%

Schools & Community

Elementary school: 

Garden Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

Seller’s Loan History

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

Lender

Celtic Bank Corporation

Loan start date

March 2023

Original loan amount

$722,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Commercial, 25 year

Seller

J Margarette Inc

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: 02/26/2025 at 9:25 AM

Listing updated: 02/26/2025 at 6:57 AM

Listed by: Paul Sturdgess-Hayes, DENNIS REALTY & INVESTMENT COR Phone #: (352) 606-3911

MLS: StellarMLS #TB8350694

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