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Lasbury Tracy Realty Inc
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$1,200,000

Coming Soon

508 Valencia Rd, Venice, FL 34285

2 beds Β· 3 baths Β· 1,538 sq ft

Listing courtesy of KELLER WILLIAMS ON THE WATER S Β· MLS# A4708737

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

A remarkable opportunity to own over 1/3 of an acre in the heart of Venice Island. This established property offers the increasingly rare combination of a substantial homesite, existing residence, private pool and an exceptional island location. The existing 2-bedroom, 2 1/2 -bath home provides approximately 1,538 square feet and is livable while offering tremendous potential for renovation, expansion or creating your own custom island retreat. The property is being offered as a land-and-location opportunity for buyers who understand the value of owning one of the larger residential lots on Venice Island. With a private pool, mature setting and ample land, this property offers the opportunity to create something truly special rather than being limited by the smaller lot sizes common throughout the island. Enjoy the quintessential Venice Island lifestyle with easy access to downtown Venice, restaurants, shopping, parks and the Gulf beaches. Bring your architect, builder or renovation vision β€” opportunities like this are exceptionally hard to replace once they're gone.

Facts

Property type
Single Family Residence
Year built
1951
Living area
1,538 sqft
Lot size
0.34 acres
Private pool
Yes
Exposure
South
Furnished
Unfurnished
Flood zone
X
CDD
No
55+ community
No
Annual taxes
$10,624/yr
Listed
Oct 6, 2026
MLS #
A4708737

Virtual tour

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Estimate the monthly payment

Estimate by Lasbury Tracy Realty β€” not a loan offer

Starting figures for 508 VALENCIA RD. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β€” Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure β€” we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.

AssumptionNot applied β€” your down payment is 20% or more.

Estimated total monthly payment

$7,953

$6,068 of that is principal & interest. 24% is taxes, insurance and fees β€” which is why those inputs matter more here than the rate does.

Principal & interest
$6,068
Property taxes
$885
Homeowners insurance
$1,000
Flood insurance
$0
HOA / condo fees
$0
Mortgage insurance (PMI)
$0
Total per month
$7,953

Over the life of the loan

Loan amount
$960,000
Down payment
$240,000
Total interest
$1,224,427
Principal + interest paid
$2,184,427
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above β€” nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Where this home is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar homes

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 8, 2026, 4:27 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]