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$375,000

Beds
3
Baths
2.5
sq ft
1,626

5298 Drew Rd, Venice, FL 34293

5298 Drew Rd

VENICE, FL 34293

  • 6 days on market
This gorgeous 3-bed, 2 1/2 bath (plus bonus loft), 2-car garage home has been updated throughout. NOT FLOOD ZONE!With a NEWER ROOF, a new master bathroom, a new walk-in master closet, new gutters, new fans, a new fence, new paint inside and out, new landscaping, and even new fans, all that's left to do is move in and enjoy years of easy living. The updated kitchen has tons of counter and cabinet space and opens to the dining and living spaces. The loft features a built-in desk and shelves, perfect for an office, reading area, or playroom. The fenced-in backyard is complete with a screened lanai and large deck, plus a large shed for extra storage or work space.Whole house Repipe 2021, new well softener/pump 2020, new plumbing, new water heater 2024, new privacy fence 2024, fridge and dishwasher replaced in the last couple of years, 50 Amp connection installed for home generator shed has an electric half bath in the garage, and a year ago, the septic was pumped in 2/2024.Situated in a vibrant and thriving community, it is minutes away from Manasota Beach and Wellen Park. This property promises a lifestyle filled with abundant sunshine, natural beauty, and coastal charm.FULL PRIVACY! NO HOA OR CDD! GREAT ELEVATION! Nestled in the heart of Venice, this home benefits from its prime location, offering easy access to an array of amenities and attractions. Discover the nearby pristine Gulf beaches, where you can bask in the sun, partake in water activities, or simply relish the tranquility of the ocean. Embark on nautical adventures from the conveniently located marinas, allowing you to explore the region's captivating waterways and nearby islands. Fishing enthusiasts will delight in the world-class fishing opportunities, while golf enthusiasts can indulge in a variety of renowned golf courses. Venice is known for its thriving shopping and dining scene, featuring a diverse range of retail centers, boutiques, and restaurants. Immerse yourself in the vibrant downtown area, boasting charming shops, art galleries, and entertainment venues. The city hosts numerous cultural events, festivals, and community gatherings throughout the year, ensuring there's always something exciting happening. Beyond the city's amenities, this house offers proximity to breathtaking nature parks and preserves. Lose yourself in the beauty of Charlotte Harbor Preserve State Park, where scenic trails, wildlife sightings, and peaceful waterways await exploration. Myakka River State Park is another nearby gem, enchanting visitors with its stunning landscapes and diverse flora and fauna. Nature enthusiasts will find endless opportunities to connect with the outdoors just moments away from this property. Venice also boasts excellent educational institutions, reliable medical facilities, and convenient transportation options. The city's welcoming community and strong sense of belonging make it an ideal place to establish roots and create lasting memories. Do not miss out on this exceptional opportunity to craft your dream home or invest in a prime location. Schedule a showing today and begin envisioning the endless possibilities offered by this remarkable property! Experience the best of Florida living with nearby beaches, golf courses, and outdoor recreational activities just a short drive away. Don't miss out on the chance to own this extraordinary home.

Details

Property type

Single Family Residence

Est. home value

$424,562

Lot size

8,000 sq ft

Price per sq ft

$231

Year built

1996

Annual property taxes

$2,322.5

HOA

No

Price History

01/22/2025
StellarMLS

StellarMLS #N6135960

Listed
$375,000
01/21/2025
StellarMLS

StellarMLS #N6135960

Pending
$375,000
01/16/2025
StellarMLS

StellarMLS #N6135960

Listed
$375,000
+44.23%

Schools & Community

Elementary school: 

Englewood Elementary

Middle school: 

Venice Area Middle

High school: 

Venice Senior High

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

$114,530
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$230,470
Cash to seller
$114,530

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2020

Original loan amount

$255,290

Est. remaining balance

$230,470

Interest rate

3.64%

Loan type

FHA, 30 year

Seller

Michael A Elkins and Stacey L Elkins

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: 01/22/2025 at 5:15 PM

Listing updated: 01/22/2025 at 9:30 AM

Listed by: Regina Melman, RE/MAX PALM REALTY OF VENICE Phone #: (941) 451-2025

MLS: StellarMLS #N6135960

StellarMLS logo

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