1782 Coconut DRIVE, Venice, FL, 34293 | $815,000

Are you looking for an opportunity to own a property and business, then this could be the one! Stop the car! Situated in the heart of Venice, which is often referred to as the "Sharks Tooth Capital of the World", and hosting a plethora of amenities, beaches, historical points of interest and museums, this reputable 6 Bedroom Assisted Living Facility, licensed for 8 residents that is turnkey and ready for its new Owner. Do you have a passion for assisting Seniors, enjoy seeing others thrive from the care and support that you offer them, then this opportunity to begin or add this home to a portfolio could be the prospect you hoped for. As you approach the home, the exterior of the home is framed by the beautiful tree, and red blush of the flowers that welcome you to the entrance of the home. As you step inside, you are welcomed to a screened lanai, which, on a Spring morning, is an ideal spot to enjoy a morning beverage or breakfast before starting out the day! The interior of the home is bright, which allows the light to infiltrate the room. With ample space and seating for the residents of this home, and a separate dining area, there is much scope for entertaining, and enjoying the ambience of this home. The well-equipped kitchen area, with the soft warm tones of the wood cabinetry and stainless-steel appliances makes for a perfect place to prepare meals, bake cakes and cookies or entertain. As you walk through the home, you are drawn to the eclectic mix of laminate wood flooring, celebrating the different wood textures throughout the home. The spacious bedrooms provide for great accessibility, furnishings and the bathrooms facilitate accessibility with the roll in showers. The homelike feel is in abundance. Just when you thought you had seen it all! As you utilize the French doors from the kitchen, you are transported to an outside oasis with a gorgeous, paved area with a Gazebo for those summer evenings, framed by the palms that create additional privacy and shade. Need storage, then be sure to check out the shed!. The Assisted Living is licensed for *8* Residents with the Agency for Health Care Administration, and is in good standing. With a portable generator, this property is compliant with the Emergency Management Planning. *Income Generating* The roof is 5 Years Old, and the Seller has made some great updates to this home! This investment opportunity is waiting for you! Call today to schedule a tour! *Please maintain the privacy of residents and staff at the facility, by scheduling an appointment - please do not approach the property*

Features

  • Rooms: 4
  • Bedrooms: 6
  • Baths: 3 full
  • Laundry: Inside
  • Style: Ranch, Traditional
  • Year Built: 1972
  • Garage: Converted Garage, Off Street
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,622
  • Acreage: 0.2
  • Est. Taxes: $6,454
  • Elem. School: Garden Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: TB8350694
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8350694/1782coconutdrive_venice_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/13/2025 2:06:28 PM)
Listing courtesy of DENNIS REALTY & INVESTMENT COR   Phone: 352-606-3911

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1782 Coconut DRIVE, Venice, FL, 34293

$815,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $652,000 $652,000 $652,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.109% 6.764% 6.581%
Monthly Tax Payment $538 $538 $538
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,068 $4,175 $5,635
Total Monthly Payment $4,698 $4,805 $6,265

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.