Furnished Condo in Bird
744 WHITE PINE TREE ROAD 103 Venice, FL 34285
744 WHITE PINE TREE ROAD 103, Venice, FL, 34285
$175,000
Pending
For Sale
$175,000
Pending
Move-in ready, convertible condo with updated features and amenities.
Property Size888 SF
Days on Market864
Property Features for 744 WHITE PINE TREE ROAD 103
General Information
- Standard status
- Pending
- Size
- 888 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1983
Listing agency
ZENNER REALTY
(941) 412-5309
Listed by
Kathy Scanlon · License #3461552
(941) 412-5309
Source
Exitrealty
Added: Mar 9, 2024 Updated: Jul 10 at 1:05PM Checked: Jul 21 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ZENNER REALTY
Investment Insights
Based on property information with market context.
This furnished, first-floor condo in Bird Bay Village features 2 bedrooms and 2 bathrooms. The unit has an open-concept kitchen with stainless steel appliances. Hardwood floors and modern furniture are present throughout. Both bathrooms include updated vanities and ceramic tile. The guest bedroom offers ample sunlight and open space, and includes a Murphy bed. The AC and hot water heater were replaced in 2021. A washer and dryer are included in the unit. The condo is conveniently located next to the Phase V pool. Covered carport parking is located a short walk away, with extra storage space available outside the front door for bikes and other items. Bird Bay Village is situated approximately 2 minutes from the Isle of Venice and adjacent to the Bird Bay Shopping Center. It is located across from Restaurant Row at Bird Bay Plaza. The Legacy Trail, a dedicated bike path extending to Sarasota, is adjacent to Bird Bay Village. Bird Bay also features a fitness center, library, clubhouse, pickleball courts, swimming pool, and tennis courts.
Key Highlights
- Furnished, move‑in ready 2 bed, 2 bath first‑floor condo in Bird Bay Village
- Upgraded kitchen with stainless steel appliances and updated bathrooms
- Newer AC and Hot Water Heater (2021)
Local Financial Insights For Apartment 5plus
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 | $16.4k | $18.48 |
| − Vacancy | −$1.7k | −$1.92 |
| EGI | $14.7k | $16.56 |
| − OpEx | −$6.6k | −$7.45 |
| NOI | $8.1k | $9.11 |
888 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$115.5K
$101.1K – $134.8K
NOI $8,087 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.4K
$220.8K – $294.4K
NOI $17,666 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Move-in ready, convertible condo with updated features and amenities.
Where is this residential income property located?
The property is located at 744 WHITE PINE TREE ROAD 103 Venice, FL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Furnished, move‑in ready 2 bed, 2 bath first‑floor condo in Bird Bay Village; Upgraded kitchen with stainless steel appliances and updated bathrooms; Newer AC and Hot Water Heater (2021)
