Villa at 785 IBIZA LOOP, VENICE
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36 photos

$389,000

785 IBIZA LOOP
VENICE, FL 34292
Listed by Frances Smith · PREMIER SOTHEBYS INTL REALTY
Bedrooms
2
Bathrooms
2
Living area
1,496 sqft
Year built
2024

About this home

Experience the perfect blend of modern luxury, thoughtful upgrades and tranquil waterfront living in Palencia, one of North Venice's newer gated communities. Completed in late 2024, this beautifully appointed two-bedroom, two-bath villa with a versatile den featuring elegant glass French doors offers the appeal of nearly new construction with an impressive collection of custom enhancements already in place. Perfectly positioned along an expansive pond, this residence enjoys peaceful water views and an exceptional location directly beside the community clubhouse, resort-style pool and fitness center. Inside, a bright, inviting floor plan showcases ceramic tile flooring throughout, with no carpet, a professionally painted interior and custom ceiling fans in both bedrooms, the main living area and lanai. Impact-resistant windows and doors provide added peace of mind, while insulation in all interior walls offers an additional layer of comfort and sound reduction. Sophisticated motorized dual roller shades offer effortless control of natural light and privacy, transitioning from softly filtered sunlight to room-darkening coverage at the touch of a button. Thoughtful upgrades continue throughout the home, including professionally designed custom closets, two pantries and additional hallway storage. A whole-house generator provides another valuable layer of convenience and preparedness, while professionally sealed grout throughout the home, including the bathrooms, showers and kitchen backsplash, reflects the attention to detail found at every turn. Step outside to the extended screened lanai and adjoining brick paver patio, where picturesque water views create a beautiful setting for morning coffee, outdoor dining or evening relaxation. Additional enhancements include a widened brick paver driveway, gutters, and a garage featuring professionally finished epoxy flooring and freshly painted walls. The outdoor patio also features removable artificial turf over the existing brick pavers, allowing flexibility to suit your personal style. Beyond the residence, Palencia offers a welcoming lifestyle with a community pool, fitness center, dog park and scenic walking path that winds along the pond. Conveniently situated near the gated entrance, the villa offers easy access in and out of the neighborhood. Enjoy the peaceful atmosphere of North Venice without sacrificing proximity to everyday conveniences, including Publix, shopping, dining and Interstate 75. The beautiful Gulf Coast beaches and charming boutiques, restaurants and attractions of historic Venice Island are also just a short drive away. With its nearly new construction, extensive upgrades, exceptional waterfront setting and desirable location beside the community amenities, this remarkable villa offers an opportunity to enjoy the best of Florida living without the wait or added expense of making a new home your own.

Property details

MLS
Stellar MLS
MLS #
MFRTB8557183
Property type
Villa
Subdivision
PALENCIA
Status
Active
Days on market
1
On market date
October 15, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
ISLAND VILLAGE MONTESSORI SCHOOL
1.79 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
567
Student:teacher ratio
14.5:1
District
SARASOTA
MiddleCharter
SKY ACADEMY VENICE
2.95 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
216
Student:teacher ratio
16.6:1
District
SARASOTA
High
VENICE SENIOR HIGH SCHOOL
3.69 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,452
Student:teacher ratio
22.5:1
District
SARASOTA

Walkability

Blended score for VENICE's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

27
Car-dependent
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
13 / 100
Restaurants & cafes1
Grocery stores0
Parks1
Schools1
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in VENICE, from live MLS data.

On the market 1 days -- 133 fewer days than VENICE's current average of 134 days.
For reference, the median list price across 1,555 active listings in VENICE right now is $299,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$2,493/mo
$77,800 down
$311,200 loan
Principal & interest$2,018
Property tax (est.)$324
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 23 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.