Wimauma › Riverranch Preserve

5218 Lake Venice Dr

Wimauma, FL 33598
$750,000
3 bed3.5 bath3,057 sqftSingle-family home · built 2022

Listed at $245 per sq ft. Median for single-family homes with 3 bedrooms in Wimauma sold in the last 12 months: $199 per sq ft.

74 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 92% of single-family homes sold in Wimauma
1,026 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 36% above the typical price for a single-family home its size in Wimauma
1,026 single-family home sales · Jan 2024 - Oct 2026
Standout feature
A private pool: 7% of single-family homes listed in Wimauma have one
488 single-family home listings · May 2019 - Oct 2026
Age
Newer than 51% of single-family homes in Riverranch Preserve
42 homes · Jul 2023 - Oct 2026
Compared against 40 similar homes sold within 2.99 mi.

About this property

!!!HUGE PRICE ADJUSTMENT!!!

!!Welcome to 5218 Lake Venice Dr in the gated community of Lake Toscana!! This exceptional 3,057 sq ft home sits on a spacious **0.52-acre homesite with no rear neighbors and beautiful conservation views**, offering privacy, space, and the Florida lifestyle you've been looking for.

The thoughtfully designed floor plan features **3 bedrooms, a den/office, and 3.5 baths**, complemented by 10-foot ceilings and impressive 14-foot tray ceiling accents. The gourmet kitchen is truly a showstopper, featuring a large island, marble countertops, honed marble backsplash, wine cooler, walk-in pantry, and abundant cabinetry. The kitchen flows seamlessly into the main living area, creating the perfect space for everyday living and entertaining.

The spacious primary suite offers a large walk-in closet and private retreat. Step outside to the **expansive screened lanai and saltwater pool**, where you can relax while enjoying peaceful conservation views. The oversized **3-car garage** provides plenty of space for vehicles, storage, and recreational equipment.

Located in **Lake Toscana**, a low-density gated community offering spacious homesites, conservation areas, walking trails, a community pavilion and playground, plus access to the lake and Little Manatee River for fishing, kayaking, and outdoor recreation.

**Now is the time to take another look at 5218 Lake Venice Dr! With the significant price adjustment, private homesite, pool, and exceptional community amenities, this home offers an outstanding opportunity to enjoy the Lake Toscana lifestyle.

!!Schedule your private showing today!!!

Property details

Year built2022
Lot size0.52 ac
HOA fee$227/mo
Parking3-car
Days on market33
MLS#TB8542701
High ceilingsOpen floorplanSolid surface countersSolid wood cabinetsThermostatWalk-in closets
All features →
  • High ceilings
  • Open floorplan
  • Solid surface counters
  • Solid wood cabinets
  • Thermostat
  • Walk-in closets
  • Convection oven
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Water softener
  • Wine refrigerator
  • Carpet flooring
  • Tile flooring
  • Trees or woods view
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Single story
  • Laundry room
  • Public utilities
  • Private pool
  • Garage

The market for homes like this

Single-family homes with 3 bedrooms in Wimauma
i
Median sold price$322,70074 sales · last 12 months
Median price per sq ft$19974 sales · last 12 months
Median rent$2,590/mo81 leases · last 12 months
Median days to lease4881 leases · last 12 months

Wimauma, as its listings describe it

What agents stated on listings, 2019 – 2026i
Community pool86%of 435 listings
HOA fee, median$75/moof 436 listings
Has an association97%of 536 listings
Pets allowed92%of 666 listings
Minimum lease, most common1-2 Years31% of 373 listings · next: 8–12 Months
Lease restrictions75%of 374 listings
Association approval required48%of 370 listings
Private pool7%of 690 listings
Gated34%of 435 listings
Public water · sewer94% · 95%of 465 · 494 listings
Flood zone (A or V)2%of 494 listings
55+ communityNo83% of 545 listings · next: Yes
Homestead share Riverranch Preserve90%of 113 homes · county tax roll
Also stated: waterfront 8% of 545 listings; CDD 90% of 453.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $245 per sq ft, 23% above the $199 median for 3-bedroom single-family homes in Wimauma sold in the last 12 months
74 sales · last 12 months
Time on market
On the market 33 days; 3-bedroom single-family homes in Wimauma took a median of 41 days to sell in the last 12 months
74 sales · last 12 months
Price history
Listed at $779,000 originally; now $750,000, 3.7% lower after at least one price reduction. The most recent: down $29,000 on Sept. 25, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$10,165 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $9,900/yr homesteaded, $10,600/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Wimauma

unincorporated Hillsborough County · Hillsborough County · ZIP 33598 · Wimauma (census-designated place) · Flood zone X
Explore Wimauma →
Homes5,706residential parcels
Median sold price$351,540291 sales · last 12 months
Vs. the prior year+0.4%291 sales this year · 391 sales the prior year
Median rent$2,525/mo90 leases · last 12 months
Homes that changed hands5%291 sales of 5,706 homes
Homestead share69%of 5,706 homes · county tax roll
Single-family homes in Wimauma, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months271$356,005$2,590/mo81 leases
2 bed6Not enough sales yet to report on their own
3 bed · this home74$322,700—
4 bed143$354,990—
5+ bed48$381,490—
All single-family homes · 24 months604$358,995$2,525/mo168 leases
Median price

Wimauma homes sold for a median of $351,540 in the 12 months to Oct. 11, 2026.

291 sales
Price trend

That's 0.4% above the median for the 12 months before, $350,000.

291 sales this year · 391 sales the prior year
What's selling

Single-family detached homes made up 271 of the 291 sales in the same 12 months, at a median of $356,005.

271 of 291 sales

Location

5218 LAKE VENICE DR, WIMAUMA, FL 33598

Nearby homes for sale in Wimauma

Based on information from Stellar MLS® for the period May 30, 2019 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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