Maintenance-Free Villa Home with
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
(941) 486-8686
Listed by
Gae Stewart · License #541444
(941) 544-3775
Added: Jul 13 Updated: Jul 20 at 9:53PM Checked: Jul 21 at 11:06AM
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.
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
NOI $15,360 @ 7.0% cap · market cap 4.45%
Second Best
Apartment 5plus
$195.5K
$171.1K – $228.1K
NOI $13,688 @ 7.0% cap · market cap 3.97%
Theoretical Best
Office A
$427.2K
$373.8K – $498.4K
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
Similar For Sale Nearby
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