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$715,835Estimated home value

Beds
2
Baths
2.0
sq ft
1,269

803 Higel Dr, Venice, FL 34285

803 Higel Dr

VENICE, FL 34285

  • Off market
    • Price drop $49,000↓
Under contract-accepting backup offers. Now is your opportunity to own this hidden gem in an incredible location right on the historic island of Venice. Being sold TURN-KEY FURNISHED, you can walk to Venice Beach at Chauncy Howard Park, Roberts Bay Marina, Venice Yacht Club, and the public boat ramp at Higel Park, all within minutes from your front door. This is a custom designed midcentury modern courtyard home that showcases a separate private in-law suite. The main residence is flooded with light featuring a spacious living room with a wall of windows overlooking the tropical garden and courtyard. Enjoy rich wood tones with the beautiful wood floors and wood ceilings that run throughout the main house. The kitchen and dining area are the perfect place to entertain family and friends, and the kitchen showcases a built-in refrigerator, contemporary open shelving, under sink R/O system, and beautifully updated countertops and cabinetry. Should you decide to expand and redesign the kitchen space, there are plans that have already been created that give you tons of options. The primary bedroom enjoys access to the courtyard and features a large built-in closet. There is a spacious upgraded bathroom that has sleek contemporary lines and finishes. You will also find a convenient laundry closet right inside. Walk across the breezeway to find the guest suite that has its own private entrance. Once inside you will find another spacious bedroom with built-in storage, a separate mini split A/C unit, and a large bathroom with built-in shower. Just off the bedroom is a private patio overlooking the spacious backyard. The backyard is a blank canvas where you can easily create your own tropical oasis. Add a pool in the existing courtyard space or reconfigure the backyard to accommodate it... the possibilities are endless! There is a designated storage room on the left side of the home that gives you space to store all your extra belongings, and it is perfect for beach chairs and bikes. This lot and home have endless opportunities. There is more than enough room to add to the current structure, or the home could be taken down to accommodate the new construction home of your dreams. The owners have used this as a primary residence, and in recent years it has operated as a lucrative rental investment. NO FLOOD INSURANCE REQUIRED on this desirable location that is just steps to the water. If you are looking to enjoy island life on the island of Venice, this is the home for you!

Details

Property type

Single Family Residence

Est. home value

$715,835

Lot size

7,584 sq ft

Price per sq ft

$513

Year built

1999

Annual property taxes

$7,597

Price History

08/17/2024
StellarMLS

StellarMLS #N6132609

Removed
$650,000
08/10/2024
StellarMLS

StellarMLS #N6132609

Pending
$650,000
-7.01%
06/04/2024
StellarMLS

StellarMLS #N6132609

Price change
$699,000
-3.59%

Schools & Community

Neighborhood: 

The Island

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

$325,220
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$272,780
Cash to seller
$325,220

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2020

Original loan amount

$299,925

Est. remaining balance

$272,780

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Tommy Conaway and Rhonda Conaway

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?

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Status: Off Market

Tomo last checked: 10/04/2024 at 11:30 PM

Listing updated: 08/10/2024 at 5:32 PM

Listed by: Walter Shepherd, COLDWELL BANKER REALTY Phone #: (941) 493-1000

MLS: StellarMLS #N6132609

StellarMLS logo

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