500 Park Blvd S APT 33, Venice, FL, 34285 | $243/mo Cash Flow

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500 Park Blvd S APT 33, Venice, FL, 34285 | $243/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Currently Rented+ 2 more

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2 Bath
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Nearby investment properties with comparable prices

Currently Rented+ 2 more

2 Bed
2 Bath
1175 sft

500 Park Blvd S APT 97, Venice, FL, 34285

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Venice at 500 Park Blvd S APT 33, Venice, FL, 34285 offers a 8.82% rental yield on a $339,000 purchase with $2,492/mo rent. Total monthly income registers $2,492/mo, and a $1,659/mo payment leaves $243/mo available for distribution. Annual cash flow reaches $2,911/yr on $112,379 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 117.33% and total cumulative return in cash at $131,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,492/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1970

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Village by the Sea, Aldea Mar, a charming condo community featuring one of the the largest coastal frontage in Venice, with over 500 feet of private deeded beach access. This is a rare opportunity to own a fully turnkey two bedroom, one and a half bathroom villa. The bright and spacious interior lives like a private residence, with vaulted ceilings and an exposed natural wood look ceiling that brings warmth and character to the space. Aldea Mar offers a relaxing coastal lifestyle, including a large heated swimming pool, a putting green, shuffleboard courts, and a welcoming clubhouse for residents and guests. Conveniently located just one mile from the vibrant Venice Historic District, Lake Venice Golf Club, and several scenic island parks, this villa combines comfort with an unbeatable location. Whether you are seeking a full time residence, a seasonal retreat, or an investment opportunity, this home is your chance to join one of the most desirable communities on the Gulf Coast.

Neighborhood Data

Neighborhood data shown for ZIP Code: 34285, Venice, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,982 (100%)
Owner Occupied HU	8,761 (54.8%)
Renter Occupied HU	2,024 (12.7%)
Vacant Housing Units	5,197 (32.5%)
Median Home Value	$418,517
Average Home Value	$567,434