Under contract-accepting backup offers. PRICE ADJUSTMENT! Do not miss this opportunity. Come and see one of Venice Island’s most charming homes on one of the most desirable downtown streets on the island. With an effective built date of 1995, this Mediterranean residence has been tastefully updated while preserving its character and charm. Just a few blocks from downtown Venice and beautiful Venice beaches, take a walk to the nearby Farmer's market on Saturdays, play tennis, basketball, and pickle ball in neighboring courts and enjoy fine dining and wonderful theater productions after a relaxing beach day (do not miss the breathtaking sunsets!). 321 Pedro certainly offers the very Best of both Coastal and Venice Downtown Living. The main house features a thoughtful split floor plan with three bedrooms and two full baths with most windows and French Doors updated as impact resistant assuring safety. Solar panels ensure low utility costs. Architectural details abound: arched doorways, refinished hardwood floors, built-in display shelves and original fireplaces add warmth and sophistication. The living area flows into the sunlit primary suite through French doors and provides a peaceful retreat with its sitting area, cozy fireplace, and a renovated in-suite bath. The spacious, updated kitchen offers granite countertops, stainless steel appliances and abundant cabinetry. A lovely state-of-the-art full bath stands between the second and third bedroom (presently used as an office). French doors open to the private fenced backyard with lush tropical landscaping and a heated swimming pool that invites relaxation year-round. This tranquil space is ideal for reading, entertaining or simply soaking up the Florida sunshine. Enhancing the property, is a two story stand-alone Guest House featuring a small kitchen, a full bath and laundry room on the first floor and a very beautiful and very large second-floor suite offering rows of windows, hardwood floors and wrought iron details (do not miss the ceiling touches). Use it as an art studio, gym, yoga room, game space or in-law or kid-suite. Flooded with natural light, this guest house provides comfort and privacy for the enjoyment of friends and family. 321 Pedro is truly an exceptional property, one that captures the essence of Venice Island living, classic charm, modern upgrades and a perfect location near beaches, dining and shopping. Schedule your private showing today and experience life in this timeless Mediterranean gem in the heart of Venice Island.