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509 SHORE ROAD

Multi-family For Sale
$3,800,000

BTC: 38.21015586

ETH: 1,165.42610125

188 days
19 bds
6,530 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1978
Lot:
1.43 Acres
Heating:
Central
Price/sqft:
$582
Cooling:
Central Air / Mini-Split Unit(s)
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    Bedrooms and bathrooms

    • Bedrooms: 19

  • Property

    • Pool Private: Yes

    • Exterior Features: Fenced / Lighting / Sidewalk

    Lot

    • Lot: 1.43 Acres

    Other Property Information

    • Parcel Number: 0168160031

    • Zoning: RMF1

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Multi Family

  • Utility

    • Electricity Connected

    • Public

  • Other financial information

    • Annual tax amount: $8,227

  • Source details

    • MLS ID: A4610605

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Room

    • Pool Features: Heated / In Ground / Salt Water

    • Window Features: Impact Glass/Storm Windows

    • Living Area: 6530

    • Water Source: Well

    • Subdivision Name: ACREAGE & UNREC

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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 ©2024-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: HARRY ROBBINS ASSOC INC