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- MLS#A4480410
- TypePending
- CountySARASOTA
- CityNokomis
- AreaNokomis-North Venice
- NeighborhoodNokomis
- Zip34275
- StyleMulti-Family
- Year Built1974
- Taxes17764
- Price$ 1,575,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage12000
- Lot Size1.65 Acres
Listing Provided Courtesy Of:
THE MULTIFAMILY FIRM LLC
Property Description
The property consists of 16 total units, in 8 solid masonry buildings, on one parcel of approximately 1.65 acres of land and is ideally positioned within 10 minutes of Casey Key, Venice Beach, Nokomis Beach & Main Street on Venice Island. The property features a favorable unit mix of 75% Two Bedroom units with washer/dryer hookups in all units and all Two Bedroom units are equipped with a large screened-in lanai. Six of the buildings are fitted with metal roofs and two buildings with shingle roofs. The property sits within steps of the new Legacy Trail extension that is currently in progress, and will connect Downtown Sarasota, Venice and North Port. Additionally, within a 3-5 mile radius of the subject property there is a new Sarasota Memorial Hospital Development currently in progress, as well as a New Amazon Distribution Center. All said, the property is an excellent value-add opportunity with strong upside potential by implementing a strategic interior renovation! Please view the property Offering Memorandum for full details including financials.
Price History | |
---|---|
10/13/2020 | Listed $1,625,000 |
11/2/2020 | 4% - $1,575,000 |
General Features
Appliances | Range, Range Hood, Refrigerator |
---|---|
Construction Materials | Block |
Cooling | Central Air |
Exterior Features | Other |
Flooring | Tile |
Heating | Central |
Lease Term | 12 Months |
Levels | One |
MLS Area | 34275 - Nokomis/North Venice |
Patio/Porch Features | Screened |
Property SubType | Multi-Family |
Property Type | Residential Income |
Roof | Metal, Shingle |
Sewer | Septic Tank |
Special Listing Conditions | None |
Status | Pending |
Subdiv Community Name | Nokomis |
Subdivision Name | NOKOMIS |
Total Num Buildings | 8 |
Total Units | 16 |
Township | 39S |
Utilities | Cable Connected, Electricity Connected |
Year Built | 1974 |
Zoning | RMF1 |
Interior Features
Furnished Y/N | Unfurnished |
---|---|
Laundry Features | Inside |
Living Area | 12000.00 |
Unit Count | 2 |
Exterior Features
Building Area Total | 14411.00 |
---|---|
Foundation Details | Slab |
Lot Size Acres | 1.65 |
Lot Size Square Feet | 71849 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool