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Address Not Available By Request

Nokomis, FL 34275
  • $995,500
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: N6131963
UPDATED: 47 min ago
$995,500
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,477
    SQFT
  • $674
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Information

Elementary School:
Middle School:
High School:

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!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-20T06:51:02.267.
www.momentumrealtors.com/homes/148990442
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Address Not Available By Request Nokomis, FL 34275

  • Price: $995,500
  • Status: Active
  • On Site: 52 Days
  • Updated: 47 min ago
  • MLS #: N6131963
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1,477
SQFT
$674
$/SQFT
1953
Built
Neighborhood:
Bay Point Corr Of
County:
Sarasota
Area:
Nokomis/North Venice
Elementary School:
Laurel Nokomis Elementary
Middle School:
Laurel Nokomis Middle
High School:
Venice Senior High
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!
Exterior Features

Additional Water Information This Duplex is just a few blocks from Lyons Bay Park. The park gives you access to Lyons Bay for fishing and kayak launching and swimming. the park is great for waterfront picnics! And is just down the street. Your close to Casey Key boat launchtoo! Attached Garage Yn Yes Carport Yn No Construction Materials BlockStucco Covered Spaces 2 Exterior Features GardenLightingSliding DoorsStorage Foundation Details Slab Garage Dimensions 29x23 Lot Features Flag LotFloodZoneIn CountyIrregular LotLevelNear MarinaNear Public TransitUnincorporated Lot Size Dimensions 100 x 110 Other Structures StorageWorkshop Parking Features BoatGarage Faces SideGround LevelRV ParkingWorkshop in Garage Patio And Porch Features EnclosedPorchScreenedSide Porch Pool Private Yn No Road Frontage Type Street Paved Road Surface Type PavedAsphalt Roof Shingle View Garden Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Yn No Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(s)High Ceiling(s)Kitchen/Family Room ComboPrimary Bedroom Main FloorThermostatWindow Treatments Laundry Features Common AreaOutside Sewer Septic Tank Water Source Public Window Features Blinds

Property Features

Annual Expenses 12419 Annual Net Income 45181 Association Yn No Cdd Yn No Community Features FishingWater Access Down Payment Resource No Est Annual Market Income 60000 Flood Zone Code AE Garage Yn Yes Homestead Yn No Lease Term 12 Months Listing Terms CashConventionalFHAVA Loan New Construction Yn No Ownership Fee Simple Property Attached YN Yes Property Sub Type Duplex Realtor Info As-IsBrochure AvailableOwner Will Consider ExchangeOwner Will Consider financingSurvey Available Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Bay Point Tax Annual Amount 4518.66 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet AvailableCable AvailableElectricity ConnectedSprinkler WellWater Connected Zoning RSF3


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of AYERS AND ASSOCIATES REAL ESTATE: 941-837-2778.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-05-20T06:51:02.267.
 
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