How do you find the right home in the right location?

Population 17,764	Median Age 68.8 yrs	Household Size: 1.76
Avg Home Value: $140,500	July High: 91.1°F	January Low: 52.1°F

 

Buying a Home in Venice

Venice is located on the west coast of Florida. With a population of nearly 18,000 people, the friendly atmosphere of this Gulf of Mexico coastal retreat will be delighted when you consider buying a home in Venice, Florida.

City Statistics:

The population of the greater Venice area is approximately 84,000. Nearby cities include Sarasota (17.8 miles) and St. Petersburgh (49.8 miles) and Mac Dill Air Force Base, Tampa (51 miles). Venice’s fourteen miles of beautiful white sand beaches and a moderate year-round climate that rarely drops below 70 degrees, make Venice a premiere city in which to accommodate your family. The average seasonal temperature of Venice ranges from the low 60s in the winter to the mid 80s in the summer. The Gulf waters range between 70 degrees in the winter and rise to a high of 89 degrees in the month of August. Average rainfall is fifty-one inches, and rain is most prevalent during the summer months. Another highlight of buying a home in Venice, Florida is the low crime rate. This can offer security to the large senior population who choose to retire in Venice.

Activities:

One unique thing about Venice is that it is one of the few cities on Florida's west coast that is not separated from the Gulf of Mexico by a barrier island. This results in beautiful clear water with abundant waves. Swimming, surfing, fishing and boating are popular area activities for residents and tourists alike. Golf is a popular leisure time activity in Venice. There are a variety of public and private courses in which to play.

Ambiance:

Each August, Venice holds the Shark Tooth and Seafood Festival at Caspersen Beach, which encourages the thousands of visitors and residents to seek sea shells and prehistoric shark teeth on the water front. Another area of interest is the Downtown Historic District, which combines an Italian-style mixture of the past and the present. The buildings conform to an Architectural Review Board to ensure that the buildings harmonize with the northern Italian Renaissance style of the city’s original architecture.

Taxes:

Personal income, salary, dividends, interest, and capital gains are not taxed in Florida, making buying a home in Venice, Florida a much more affordable proposition. Residents living within the corporate limits of Venice pay both city and county taxes on real estate, while owners in unincorporated areas pay only county taxes. As of January 1, permanent residents of Venice are eligible for a $25,000 homestead exemption on their primary residence. Sales tax in Venice is calculated at 7%, but food, medicine, and professional services are exempt.

Real Estate:

The average price of buying a home in Venice, Florida is $140,500, but many houses are available in the range of $100,000 to $300,000. Styles range from luxurious contemporary homes to affordable starter homes and waterfront condos.

Venice is the fastest growing county in Florida. As Florida's seventh largest real estate market, the area is a thriving metropolis that supports a broad-based economy with a wide range of businesses, service industries and light manufacturing. The largest employers are the School Board of Sarasota County, Venice Hospital, and the City of Venice.

Buying a home in Venice, Florida

is not only an investment in a growing community, but a way to enjoy all the natural beauty the area has to offer.

By R. S. Wagner

A REALTOR® is a real estate professional who is a member of the National Association of REALTORS®