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217 Casey Key Rd, Nokomis, FL 34275

$2,395,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 0.42 Acres
  • Updated 2 days ago
217 Casey Key Rd, Nokomis, FL 34275 View this property at 217 Casey Key Rd, Nokomis, FL 34275
217 Casey Key Rd Nokomis FL 34275

Property Description

A rare opportunity directly on the Gulf of Mexico. One of the few properties available fully licensed with motel/hotel zoning. Russell's Retreat has 4 turnkey furnished units that each have one bedroom, one bathroom, living room and kitchen. "Russell's Retreat" is a well established complex with many guests booking year after year. Seller says 2015 showed 90 to 92% occupancy Current gross income is $220,400 and $155,600 net income. A piece of paradise. It is within walking distance to a marina, world class fishing, parks, beaches, and multiple restaurants. Updates include: 2014:New electric panel, new septic system, new plumbing in all 4 units and laundry room, new flooring in all 4 units. 2013: New kitchens, new bathrooms, 2012
New drywall in all 4 units central a/c and hot water heater is less than 5 years old. Usually occupied so do not look in the windows. DO NOT TALK TO THE TENANTS.

Full Property Details for 217 Casey Key Rd

  • Price: $2,395,000
  • Taxes: $16,600 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: A4170705
  • Updated: 12/1/2016
  • Added: 6 day(s) ago

Property History

  • 217 Casey Key Rd, Nokomis, FL
  • Listed at $2,395,000 on 11/28/16

Interior

  • Rooms/Areas: Inside Utility
  • Interior Features: Blinds/Shades, Ceiling Fan(S), Furnished, Smoke Alarm(S), Walk-In Closet, Window Treatments
  • Appliances/Equip: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Master Bathroom: Tub With Shower

Exterior

  • Exterior Features: Balcony/Sun Deck, Mature Landscaping, Outdoor Shower, Patio/Porch/Deck Covered, Rental Apartment, Sliding Doors, Trees/Landscaped

Parking

  • Garage Description: Guest Parking, Open Parking, Parking Pad

Location

  • Area: Nokomis/North Venice
  • County: Sarasota
  • Township: 38
  • Subdivision: NOT APPLICABLE
  • Driving Directions: US 41 to Albee Road, west to Casey Key, north to 217 Casey Key Road,
  • Direction Faces: West
  • Location Details: Level

School Information

  • Elementary School: Laurel Nokomis Elementary
  • Middle School: Laurel Nokomis Middle
  • High School: Venice Senior High

Community

  • Home Owners Assn.: None

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central, Electric

Utilities

  • Utility Description: Cable TV Available, County Water, Electric, Septic

Structural Information

  • # Buildings: 1
  • Architectural Style: Florida
  • Description/Design: 2 Levels, Four Units
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 3,778
  • Sq. Ft. Source: Public Records
  • Year Built: 1979

Unit Information

  • 1 Bed/1 Bath Units: 4

Lot Features

  • Lot Size (Acres): 0.42
  • Lot Size (Sq. Ft.): 18,476
  • Lot Size Range: 1/4 Acre to 21779 Sq. Ft.
  • Lot Dimensions: 77 x 265 x 76 x 248
  • Sidewalks: Yes
  • Zoning: RMF1

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Gulf/Ocean
  • Water Front Type: Gulf/Ocean
  • Water Front Name: GULF OF MEXICO
  • Water Front View: Beach, Gulf/Ocean to Bay
  • Water Front Feet: 76

Financial Considerations

  • Price Per Sq. Ft.: $633.93
  • Tax Amount: $16,600
  • Tax Year: 2016
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: COM AT PT OF INTRS OF S LINE SEC 35-38-18, & GULF TH NWLY ALG GULF 1290.5 FT FOR POB TH CONT NWLY 80 FT M/L TO PT ON LINE PARALLEL & 77.27 FT N OF POB TH E 332 FT M/L TO C/L CASEY KEY RD TH SLY 77.8 FT
  • Flood Zone Info: VE
  • APN: 169070003
  • Section: 35

Listed by ROSEBAY INTERNATIONAL INC

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217 Casey Key Rd will cost you if you:

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  • Put down a % down payment : $
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In the Community

Nearby Schools

217 Casey Key Rd, Nokomis, FL 34275 (MLS# A4170705) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 217 Casey Key Rd is currently listed for $2,395,000 and was received on November 28, 2016. Want to learn more about 217 Casey Key Rd? Do you have questions about finding other Multi-Family real estate for sale in Nokomis? You can browse all Nokomis real estate or contact a Coldwell Banker agent to request more information.

Listed by ROSEBAY INTERNATIONAL INC

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