705 El Dorado DRIVE, Venice, FL, 34285 | $1,100,000

Very Rare, private canal with direct Gulf access to Roberts Bay. This one of a kind 16, 412 sq ft waterfront homesite offers excellent Bay water views that will entertain you throughout the year. Build your dream home where family memories are made. The former home was removed which offers the owner reduced fees to build a replacement home. This exceptional home site offers a clean slate to create your forever home or use the completed, stamped engineered plans ready for permit. Ideally situated two blocks from Chancy Howard Beach on the Gulf of Mexico and an easy walk to the delight and charm of historic downtown Venice with its shopping, dining, social and cultural amenities. A unique opportunity to control exactly what you want in your dream home. This large home site offers ample space for an Additional Dwelling Unit (ADU) for generational living, care giving or income. Mature Queen Palms line the existing driveway creating an elegant entrance to your estate. The seller had a 24' center hull skiff up to the former dock at high tide, prior to removal when the home was removed. The quiet Cul de sac street offers tranquility on the island. The Venice Yacht Club is a short boat ride away for owners of larger craft.

Features

  • Lot Size: 75 x 184 x 140 x 152
  • Lot Desc: Buildable, Cleared, Irregular Lot, Level, Near Marina
  • View: Water
  • Elem. School: Venice Elementary
  • Middle School: Venice Area Middle
  • High School: Venice Senior High
  • Pet Policy: Yes
  • MLS#: TB8343421
  • Days on Market: 105 days
  • Website: https://www.raveis.com
    /prop/TB8343421/705eldoradodrive_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 5/12/2025 9:47:11 AM)
Listing courtesy of ALTRU REALTY   Phone: 727-202-1127

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

705 El Dorado DRIVE, Venice, FL, 34285

$1,100,000

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 $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.751% 6.666%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,347 $5,635 $7,666
Total Monthly Payment $5,472 $5,760 $7,791

* 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.