509 Shore Road

Nokomis, FL 34275 View Map $1,089,000 Schedule a Showing
Sq.Ft.3,541
Year1978

Client Concierge

(844) 212-5834
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Status: Active
Property Type:Multi-Family
MLS #:A4427557
Sq. Feet:3,541
On Site:16 Days
Lot Size:0.93 Acres
County:Sarasota
JUST REDUCED BY $36k! What an amazing opportunity to own this immaculately maintained, very well-managed and ever so popular vacation rental destination in the heart of Nokomis, FL! Situated on almost 1 acre of land and completely fenced in, this private, resort-like paradise offers 5 rentable units including 2 duplexes and 1 stand-alone residence with plenty of upside potential. Excellent NOI based on 4 of the units being rented to vacationers almost year-round, with upside potential to rent out the 5th unit that was previously occupied by the Owners. An additional +/-11,200sf (0.26ac mol) of vacant land opens the door for further expansion and development of another stand-alone residence, driving up earning potential even higher!

The sky is truly the limit with this gem of a property! Let your imagination run wild and utilize this property for a variety of different uses including annual rentals, seasonal rentals or continue operating as-is. Currently, this property is utilized as an Airbnb Vacation destination with everything an Owner would need to continue operating it as such. This place has it all! Features include recently updated/renovated private units that are turn-key finished, a new, heated saltwater community pool, bikes, beach chairs, gas grills and more!

Take advantage of this excellent opportunity to own your own slice of paradise while reaping the benefits of rental income with tons of room for increased cash flow. Associated PID's: 0168160034, 0168160039, 0168160031, 0168160033.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:509 Shore Road Nokomis, FL 34275
County:Sarasota
City:Nokomis
Subdivision:Acreage & Unrec
Zip Code:34275

Architecture

Year Built:1978
Stories:1
Construction Type: Block, Stucco, Wood Frame

Features / Amenities

Total Sq. Ft.:3541
Furnished: Turnkey
Exterior Features: Other, Satellite Dish
Pool: Private
Pool Type: Heated, In Ground, Salt Water
Heating And Fuel: Central, Wall Units / Window Unit
Air Conditioning: Central Air, Wall/Window Unit(s)

Property Features

Lot Size: 0.93 Acres / 40517 Sq. Ft.
Waterfront Feet: 0
Flood Zone: AE
Features Utilities: Cable Connected, Electricity Connected
Sewer: Septic Tank
Water Source: Public
Zoning:RMF1
Directions:Turn north on Shore Rd from Albee rd just before the bridge to Casey Key, follow shore until you reach 509 on your left. Yellow house pink flamingos...

Tax and Financial Info

Financing Available: Cash, Conventional
Taxes: 4076
Homestead: No
Realtor Info: No Sign, Owner Motivated, Owner Will Consider financing, Sold As-Is, Tenant Occupied
Square Foot Source: Public Records

Schools

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509 Shore Road Nokomis, FL 34275
 
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Listing Information Last Updated 6/25/2019
Listing provided courtesy of American Property Group.
© 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved.
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Stellar MLS data last updated at June 25, 2019 9:46:45 AM PST.

Property Summary:

Home for sale at .

Description: The property at 509 Shore Road Nokomis, FL 34275 in the Acreage & Unrec subdivision with the MLS# A4427557 is currently listed for $1,089,000 and has been on the market for 15 days.

GeoCoordinates:

27.131578
-82.466491

Listing Price: $1,089,000

You are viewing the MFRMLS listing details of the home for sale at 509 Shore Road Nokomis, FL 34275, which features 0 bedrooms and 0 bathrooms, and 3541 sq.ft. of living area.