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509 Shore Road, Nokomis, FL 34275
$3,800,000
509 Shore Road, Nokomis, FL 34275View this property at 509 Shore Road, Nokomis, FL 34275
509 Shore RoadNokomisFL34275
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Property Description
This is a package deal. Located at the core of Nokomis, FL, on 509 Shore Rd, this distinctive investment bundle offers an exceptional chance to merge comfort, elegance, and the ability to generate income, all a stone's throw away from the enticing Nokomis Beach. Envision owning a set of 5 structures, which include 3 delightful duplexes and 2 independent single-family residences, all reflecting the charm of Florida's architectural beauty and way of life. This estate provides not just a living space, but a passageway to a lifestyle many covet and a golden opportunity for any investor. For those with a vision for value and an eye for potential, the included vacant lot opens the door to endless possibilities. Whether you're contemplating expanding your real estate portfolio or dreaming up your next luxury build, this spot offers the perfect canvas. The shared pool is a serene oasis that promises relaxation and leisure, a focal point where tenants can unwind in the warmth of the Florida sun. Off-street parking adds an extra layer of convenience, ensuring ease of access for you and your guests. But let's talk numbers: with a track record of generating over $23,500 in net income monthly, these properties stand out as a powerhouse in the realm of Airbnb and rental investments. Its ability to consistently perform in the rental market speaks volumes of its appeal to both short-term vacationers and long-term residents alike. Don't miss out on this exceptional opportunity to own a piece of Florida's paradise, paired with a proven, substantial income stream. Let 509 Shore Rd be your next smart investment and your portal to the exquisite Nokomis lifestyle.
Full Property Details
Full Property Details for 509 Shore Rd
General
- Price: $3,800,000
- Taxes: $8,227 (2023)
- Status: Active
- Type: Commercial Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4619352
- Updated: 8/7/2024
- Added to Site: 35 day(s) ago
Interior
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- Flooring: Ceramic Tile, Engineered Hardwood
Location
- Area: 34275 - Nokomis/North Venice
- County: Sarasota
- Development Name: 34275 - Nokomis/North Venice
- Subdivision: ACREAGE & UNREC
- Driving Directions: Headed South on N Tamiami Trl, turn right on Albee Rd, turn right on Shore Rd, and turn left on the property after the sign. Parking lot in the back.
Community
- Community Name: 34275 - Nokomis/North Venice
Heating & Cooling
- Cooling Type: Central Air, Mini-Split Unit(s)
- Heating Type: Central Individual, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- # Buildings: 5
- Exterior Const.: Block, Stucco, Wood Frame
- Roof: Metal, Shingle
- Windows: Impact Glass/Storm Windows
- Square Feet: 6,530
- Sq. Ft. Source: Public Records
- Year Built: 1978
Lot Features
- Lot Size (Acres): 1.43
- Lot Size (Sq. Ft.): 62,142
- Lot Size: 1.4266
- Frontage: Access Road
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $8,227
- Tax Year: 2023
Disclosures and Reports
- Ownership: Sole Proprietor
- Special Conditions: None
- Legal Description: BEG AT NE COR OF SEC 35-38-18, TH S ALG SEC LINE S 01 W 2393.2 FT TO NE COR OF AHO TRACT TH CONT SAME COURSE 75 FT FOR POB TH N 89-43 W 203 FT TH N 02-55 E 75 FT TH N 89-43 W 104.7 FT M/L TO NW COR OF AHO TRACT TH S 02-55 W 95.18 FT TH S 09-43 E 307.7 FT M/L TO E LINE OF SAID SEC 35, TH N 20 FT TO POB, LESS ELY 25 FT FOR COUNTY RD, SUBJ TO 4721 C-SF UTILITY ESMT TO COUNTY DESC IN ORI 2005282465
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint
- APN: 168160031
- Property ID: 168160031
Listed by Harry Robbins Assoc Inc
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Schools
Schools serving 509 Shore Rd
School District:Sarasota County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1900 Laurel Rd E, Nokomis, FL 34275 | PK-8 | 2.4 mi | |
1 Indian Ave, Venice, FL 34285 | 9-12 | 3.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Shore Rd
Date
Details
Price
Change
Source
8/06/2024
Listed
$3,800,000
379900%
MLS
12/11/2019
Sold
$1,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Shore Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,227
48%
$596,500
50%
2021
$5,558
-30%
$398,600
-29%
2022
$7,908
42%
$563,000
89%
2021
$5,558
35%
$298,000
18%
2019
$4,126
1%
$251,900
6%
2018
$4,076
14%
$236,659
14%
2017
$3,573
15%
$207,400
25%
2016
$3,095
-1%
$166,300
1%
2015
$3,125
5%
$164,200
17%
2014
$2,985
10%
$140,118
10%
2013
$2,723
—
$127,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Shore Rd
509 Shore Road, Nokomis, FL 34275 (MLS# A4619352) is a Commercial Multi-Family property. 509 Shore Road is currently listed for $3,800,000 and was received on August 06, 2024. Want to learn more about 509 Shore Road? Do you have questions about finding other Commercial 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.