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217 Casey Key Rd, Nokomis, FL 34275

$2,245,000

  • For Sale
  • Active
  • Multi-Family
  • 0.42 Acres
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

Live on the Beach for free! 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: $2,245,000
  • Taxes: $16,600 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: A4170705
  • Updated: 12/14/2016
  • Added: 54 day(s) ago

Property History

  • 217 Casey Key Rd, Nokomis, FL
  • Reduced to $2,245,000 on 12/12/16
  • 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: CASEY KEY
  • 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.: $594.23
  • 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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Estimate the Cost

217 Casey Key Rd will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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 $2,245,000 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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