509 Shore Road, NOKOMIS, FL

$3,800,000

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6,530

Square feet

1.43

Acres

About 509 Shore Road

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. No flooding from recent storm! Minor damage to car port and fencing due to high winds. 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 gross 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.

Features of 509 Shore Road

MLS® # A4619352
Price $3,800,000
Bathrooms 0.00
Square Footage 6,530
Acres 1.43
Year Built 1978
Type Commercial Sale
Sub-Type Multi-Family
Status Active

Community Information

Address 509 Shore Road
Area Nokomis/North Venice
Subdivision ACREAGE & UNREC
City NOKOMIS
County Sarasota
State FL
Zip Code 34275

Amenities

Is Waterfront No
Private Pool No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heating Central, Electric
Cooling Central Air, Mini-Split Unit(s)
Fireplace No

Exterior

Roof Metal, Shingle
Foundation Slab

Additional Information

Date Listed August 6th, 2024
Days on Market 121
Zoning RMF1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHARRY ROBBINS ASSOC INC

Listing Map

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