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[Address not provided], Nokomis, FL 34275
$995,500 -$100,000 (-9.13%) Price Reduced
[Address not provided], Nokomis, FL 34275View this property at [Address not provided], Nokomis, FL 34275
[Address not provided]NokomisFL34275
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Property Description
Imagine living in Florida in beautiful Nokomis in your new home right behind your forever income Duplex! The extra lot in back of the duplex can afford a brand new home (the lot is 18,000 square feet) and can be made very private for the owner with deeded access to Pine Street. This is a rare opportunity to have a brand new home and solid income from the duplex and garage. The oversized two car garage has a full loft above it for storage or workshop. The projected income figures are very realistic and with the right improvements to the duplex could be even higher than projected. Great Nokomis location close to the beach and waterfront dining at Pops and Pelican Alley very nearby. Briandi's authentic NY Buffalo Wings and fine Italian cuisine is just around the corner on US 41. Nokomis is very close to downtown Venice just three miles south of Bay Point. Truly a great location for all things Venice and Nokomis! The projected income: Unit A $ 1,800.00 per month, Unit B is substantially larger and would rent for $ 2,200.oo per month, The 29 x23 foot garage with full stand up loft would easily rent for $ 800.00 per month for a gross rent total of $ 4,800.00/month or $ 57,600.00 pre year! After expenses and reserves the annual net income is $45,181.00 A little imagination and reconfiguring the units would yield substantially more income at a modest expense. The building is sound and had new roof in 2023. Lots of opportunity with this property in a great location! Owner is motivated and says sell it! This property is easy to show with the Supra Lock Box and a phone call to the listing agent. Boat and RV storage at home on your lot is permitted in Bay Point! The value here is tremendous, considering the new house on the corner of Palm and Bay Point just sold for $ 945,000.00 on one smll corner lot! All reasonable offer will be carefully considered by the owner. If you like the beach and fishing the neighborhood has access to the Lyon's Bay at Bay Point Park and is a short bike ride to Nokomis Beach. If you a walker you can easyly make it to the beach on foot and to the two waterfront restaurants mentioned above. Albee Road has sidewalk and streetlights for easy access! This neighborhood is changing rapidly and the recent price reduction make this a great value. Don't miss out!
Full Property Details
Full Property Details for MLS# N6131963
General
- Price: $995,500
- Taxes: $4,518 (2023)
- Status: Active
- Type: Duplex
- MLS ID: N6131963
- Updated: 4/26/2024
- Added to Site: 32 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fans(s), High Ceiling(s), Kitchen and Family Room Combination, Primary Bedroom Main Floor, Thermostat, Window Treatments
Rooms
Other Rooms
- Laundry: Common Area, Outside
Exterior
- Exterior Features: Garden, Lighting, Sliding Doors, Storage
- Deck/Patio: Enclosed, Porch, Screened, Side Porch
- Porch/Patio/Deck: Enclosed, Porch, Screened, Side Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Boat, Garage Faces Side, Ground Level, RV Parking, Workshop in Garage
Location
- Area: 34275 - Nokomis/North Venice
- County: Sarasota
- Development Name: 34275 - Nokomis/North Venice
- Subdivision: BAY POINT CORR OF
- Driving Directions: In Nokomis from US 41 and Albee Road drive south on the trail past the Nokomis Volunteer Fire Department then the next right is Palm Avenue. The subject property is on your right a few blocks past the church. Vacant and easy to show quickly!
School Information
- Elementary School: Laurel Nokomis Elementary
- Middle School: Laurel Nokomis Middle
- High School: Venice Senior High
Community
- Community Name: 34275 - Nokomis/North Venice
- Community Features: Fishing, Water Access
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Connected, Sprinkler Well, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Stucco
- Roof: Shingle
- Windows: Blinds
- Square Feet: 1,477
- Sq. Ft. Source: Public Records
- Year Built: 1953
Additional Structures
- Other Structures: Storage, Workshop
Lot Features
- Property View: Garden
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 11,000
- Lot Size: 11000
- Lot Dimensions: 100 x 110
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $4,518.66
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 2 BLK 32, CORRECTED PLAT OF BAY POINT
- Flood Zone Info: AE
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- APN: 172110008
- Property ID: 172110008
- Block/Lot/Section: 32
Listed by Ayers and Associates Real Estate
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Schools
Schools serving MLS# N6131963
Rating | Name | Grades | Distance |
---|---|---|---|
150 Miami Ave E, Venice, FL 34285 | PK-5 | 1.7 mi | |
700 Center Rd, Venice, FL 34285 | PK-5 | 4.6 mi | |
2500 Taylor Ranch Trl, Venice, FL 34293 | PK-5 | 7.8 mi | |
200 Field Ave E, Venice, FL 34285 | 6-8 | 2.7 mi | |
705 Center Rd, Venice, FL 34285 | 6-8 | 4.4 mi | |
1900 Center Rd, Venice, FL 34292 | 6-8 | 7 mi | |
1 Indian Ave, Venice, FL 34285 | 9-12 | 2 mi | |
4650 Beneva Rd, Sarasota, FL 34233 | 9-12 | 11.9 mi | |
1 Ram Way, Sarasota, FL 34231 | 9-12 | 12 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 MLS# N6131963
Date
Details
Price
Change
Source
4/26/2024
Price Reduced
$995,500
-9.13%
MLS
3/28/2024
Listed
$1,095,500
14506.67%
MLS
6/24/2010
Sold
$7,500
—
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 MLS# N6131963
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
-100%
-100%
2010
$3,970
—
$256,800
—
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 MLS# N6131963
MLS# N6131963, Nokomis, FL 34275 (MLS# N6131963) is a Duplex property with 0 bedrooms and 0 full bathrooms. MLS# N6131963 is currently listed for $995,500 and was received on March 28, 2024. Want to learn more about MLS# N6131963? Do you have questions about finding other Duplex real estate for sale in Nokomis? You can browse all Nokomis real estate or contact a Coldwell Banker agent to request more information.