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Maintenance-Free Villa Home with Lanai

1275 BERKSHIRE Circle Venice, FL 34292

1275 BERKSHIRE Circle, Venice, FL, 34292
$344,900
For Sale
$344,900

MULTI_FAMILY - Other - VENICE, FL

Property Size1,503 SF
Lot Size0.10 Acres
Price / SF$229.47
Days on Market9

Property Features for 1275 BERKSHIRE Circle

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
PUD
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Dining Room, Bedroom 1, Laundry Room, Laundry Room, Bathroom 2, Bedroom 2, Bedroom 3
Parking features
Open, Driveway
Window features
Window Treatments
Patio and Porch features
Deck, Patio, Porch
Pets allowed
Cats OK, Dogs OK, Breed Restrictions
Interior features
Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Exterior features
Lighting, Private Entrance, Private Mailbox, Private Yard, Sliding Doors
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Standard status
Active
APN
0401130049
Size
1,503 SF
Lot size
0.10 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
LOT 17A BERKSHIRE PLACE PH 2
Tax Annual Amount
1539

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Water source
Public
Water front features
Pond
Water front
1

Building Details

Year built
1996
Floors in Building
1
Flooring type
Tile - Ceramic, Vinyl
Building materials
Block, Stucco
Roof type
Tile
Architectural style
Other
Listing agency RE/MAX ALLIANCE GROUP
Listed by Gae Stewart · License #541444
Added: Jul 13 Updated: Jul 20 at 9:53PM Checked: Jul 21 at 9:06AM
MLS# N6145004

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This maintenance-free villa home features a gated courtyard with block walls, paver brick patio and walkways, and an open great-room design with volume ceilings and ceiling fans. The layout includes a split-bedroom plan with a spacious primary suite with an ensuite bathroom and walk-in closet. A screened lanai extends the living space and overlooks a lake/pond with views out toward the golf course. Additional living areas include dining and living options within the great room, along with multiple uses for Bedroom 2 (office/den possibilities as described). Bedroom 3 offers sliding glass doors to a private patio area, and laundry is located inside.

The home is situated at the end of the street on a cul-de-sac in Berkshire Place within Waterford. The remarks also note extra guest parking and privacy, with the street backing to a county/city park and wooded land with walking trails.

Recent property updates noted include a tile roof new in 2025, exterior paint in 2024, and an air conditioner installed in 2021. The garage includes an 18-ft wide overhead door, recently replaced.

Key Highlights

  • 1503 sq ft villa home built in 1996 in a maintenance‑free area of Berkshire Place in Waterford
  • 2‑car garage with an 18 ft wide overhead door (recently replaced), plus extra parking on a cul‑de‑sac lot
  • Gated courtyard entry with block walls and paver patio/walkways, plus private yard with pond and golf course views

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $24.3k $16.20
− Vacancy −$2.4k −$1.60
EGI $21.9k $14.60
− OpEx −$6.6k −$4.38
NOI $15.4k $10.22
1,503 SF · lease $16.20/SF/yr · vacancy 9.88% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$219.4K
$192.0K – $256.0K (±1% cap)
NOI $15,360 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$195.5K
$171.1K – $228.1K (±1% cap)
NOI $13,688 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$427.2K
$373.8K – $498.4K (±1% cap)
NOI $29,902 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Spa & Massage Center Dental Office Building Supply Real Estate Agency HVAC Service Auto Repair Shop Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Maintenance-free villa in a gated courtyard community with a screened lanai overlooking a lake/pond and golf course.
Where is this duplex located?
The property is located at 1275 BERKSHIRE Circle Venice, FL.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: 1503 sq ft villa home built in 1996 in a maintenance‑free area of Berkshire Place in Waterford; 2‑car garage with an 18 ft wide overhead door (recently replaced), plus extra parking on a cul‑de‑sac lot; Gated courtyard entry with block walls and paver patio/walkways, plus private yard with pond and golf course views
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