Contact
Tell us about your needs

234/236 COLONIA LANE E

Multi-family For Sale
$390,000

BTC: 4.37004168

ETH: 195.00000000

-$5K (2025/12/15)
62 days
3 bds
1,449 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Welcome to a rare investment opportunity in the heart of Nokomis, a laid-back waterfront community tucked between Sarasota and Venice on Florida’s Gulf Coast. This versatile 2-UNIT property is perfectly suited for investors, snowbirds, or those looking to live in one unit while generating rental income from the other. The property features a one-bedroom, one-bathroom unit that’s ideal for seasonal or long-term tenants, as well as a spacious two-bedroom, two-bathroom unit perfect for full-time living or rental. Each unit has its own private entrance and utilities, offering flexibility, privacy, and ease of management. A/C (2023), Water heaters (2022), Roof (2013). Located just minutes from Nokomis Beach—Sarasota County’s oldest public beach—residents and guests can enjoy postcard-perfect sunsets, pier fishing, kayaking, and calm, turquoise waters on nearby Casey Key. North Jetty Beach is another local favorite, known for its shelling, swimming, and access to both the Gulf of Mexico and the Intracoastal Waterway. Outdoor enthusiasts will love being near the Legacy Trail, a scenic 10-mile bike path connecting local communities, and Oscar Scherer State Park, where camping, glamping, hiking, and wildlife watching are everyday activities. The Nokomis lifestyle includes casual dining, live music, and fresh seafood at beloved local spots like Pop’s Sunset Grill, Captain Eddie’s Seafood, and Nokomo’s Sunset Hut. Just a few minutes away, Historic Downtown Venice offers even more dining options, charming boutiques, art galleries, and family-friendly attractions. Fans of landscape photography will appreciate the nearby Clyde Butcher Gallery in Venice, where Florida’s natural beauty is showcased. With strong rental demand, NO HOA RESTRICTIONS, and an unbeatable location close to beaches, parks, and popular coastal attractions, this two-unit property offers an excellent opportunity to own a slice of Old Florida charm while building passive income. Whether you choose to rent both units or live in one and lease the other, the potential here is as bright as a Gulf Coast sunset.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$269
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

  • Property

    • Levels: One

    • Exterior Features: Rain Gutters / Sidewalk

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 0405120026

    • Zoning: RMF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,172

  • Source details

    • MLS ID: A4668120

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: None

    • Living Area: 1449

    • Water Source: Public

    • Subdivision Name: NOKOMIS

Similar Homes

270 LAUREL HOLLOW DRIVE UNIT 34 placeholder 270 LAUREL HOLLOW DRIVE UNIT 34
New
For Sale
House
$399,987
2 bds 2 ba 1,412 sqft
270 LAUREL HOLLOW DRIVE UNIT 34
124 SAGO LANE placeholder 124 SAGO LANE
New
For Sale
House
$298,500
2 bds 2 ba 1,400 sqft
124 SAGO LANE
1015 SORRENTO WOODS BOULEVARD placeholder 1015 SORRENTO WOODS BOULEVARD
1 days
For Sale
House
$468,000
3 bds 2 ba 1,996 sqft
1015 SORRENTO WOODS BOULEVARD
928 LAUREL AVENUE placeholder 928 LAUREL AVENUE
1 days
For Sale
House
$460,000
3 bds 2 ba 1,820 sqft
928 LAUREL AVENUE
1234 PINEBROOK WAY placeholder 1234 PINEBROOK WAY
1 days
For Sale
House
$445,000
3 bds 2 ba 1,676 sqft
1234 PINEBROOK WAY
260 SANTA MARIA STREET UNIT 109 placeholder 260 SANTA MARIA STREET UNIT 109
1 days
For Sale
Condo/Co-op
$375,000
2 bds 2 ba 1,008 sqft
260 SANTA MARIA STREET UNIT 109
1345 PINE NEEDLE ROAD placeholder 1345 PINE NEEDLE ROAD
-$10K (2025/12/19)
For Sale
House
$415,000
3 bds 2 ba 1,523 sqft
1345 PINE NEEDLE ROAD
1316 RIDGEWOOD AVENUE placeholder 1316 RIDGEWOOD AVENUE
6 days
For Sale
House
$324,900
2 bds 2 ba 1,160 sqft
1316 RIDGEWOOD AVENUE

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KW COASTAL LIVING III