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Home for Sale at 509 Shore Road, Nokomis, FL 34275

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509 Shore Road, Nokomis, FL 34275
Listing# A4427557
 
 
 
 
Price: $1,189,000
Sq. Feet: 3541
Type: Residential Income
County: Sarasota
 
 
 
 
    Photo of home for sale at 509 SHORE ROAD, Nokomis FL
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Property Description:
 
 
 
 
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 or possibly a Duplex, 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.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Residential Income
Property Subtype:Multi-Family
Listing Status:Active
Subdivision:Acreage & Unrec
Year Built:1978
Construction Materials:Block, Stucco, Wood Frame
Square Feet:3541
Lot Square Feet:40517
Acres:0.93
Lot Dimension:160x100
Total Acreage:1/2 Acre to 1 Acre
Heating:Central, Wall Units / Window Unit
Cooling:Central Air, Wall/Window Unit(s)
Utilities:Cable Connected, Electricity Connected
 
 
 
 
FEATURES:
 
 
 
 
Exterior Features:Other, Satellite Dish
Pool Features:Heated, In Ground, Salt Water
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$1,189,000
Annual Taxes:$4,076
Tax Year:2018
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Lifestyle, neighborhood, and school data ("Supplemental Data") is provided by the operator of this website as a convenience to users. This Supplemental Data is not provided or reviewed by Mid Florida Regional MLS. The operator of this website updates the Supplemental Data from time to time, but it does not represent, warrant or otherwise promise that the Supplemental Data is current, free from defects, or error-free. All Supplemental Data is provided AS IS with all faults. Users are encouraged to consult their own data sources to confirm the accuracy of all Supplemental Data before using the Supplemental Data as a basis for any decision. Complete list of data sources.

 

Data Last Updated: 03/20/2019, 1:50:17 AM

 

Listing information courtesy of AMERICAN PROPERTY GROUP


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