Views
Address
605 OSCEOLA ROAD Nokomis, FL
Price
$ 1,625,000
Property Attributes
  • MLS#A4480410
  • TypeIncome
  • CountySARASOTA
  • CityNokomis
  • AreaNokomis-North Venice
  • NeighborhoodNokomis
  • Zip34275
  • StyleMulti-Family
  • Year Built1974
  • Taxes17764
  • Price$ 1,625,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage12000
  • Lot Size1.65 Acres
Listing Provided Courtesy Of:
THE MULTIFAMILY FIRM LLC
Property Description

The property consists of 16 total units, in 8 solid masonry buildings, on one parcel of approximately 1.65 acres of land and is ideally positioned within 10 minutes of Casey Key, Venice Beach, Nokomis Beach & Main Street on Venice Island. The property features a favorable unit mix of 75% Two Bedroom units with washer/dryer hookups in all units and all Two Bedroom units are equipped with a large screened-in lanai. Six of the buildings are fitted with metal roofs and two buildings with shingle roofs. The property sits within steps of the new Legacy Trail extension that is currently in progress, and will connect Downtown Sarasota, Venice and North Port. Additionally, within a 3-5 mile radius of the subject property there is a new Sarasota Memorial Hospital Development currently in progress, as well as a New Amazon Distribution Center. All said, the property is an excellent value-add opportunity with strong upside potential by implementing a strategic interior renovation! Please view the property Offering Memorandum for full details including financials.

Price History
10/13/2020 Listed $1,625,000

General Features

Appliances Range, Range Hood, Refrigerator
Construction Materials Block
Cooling Central Air
Exterior Features Other
Flooring Tile
Heating Central
Lease Term 12 Months
Levels One
MLS Area 34275 - Nokomis/North Venice
Patio/Porch Features Screened
Property SubType Multi-Family
Property Type Residential Income
Roof Metal, Shingle
Sewer Septic Tank
Special Listing Conditions None
Status Active
Subdiv Community Name Nokomis
Subdivision Name NOKOMIS
Total Num Buildings 8
Total Units 16
Township 39S
Utilities Cable Connected, Electricity Connected
Year Built 1974
Zoning RMF1

Interior Features

Furnished Y/N Unfurnished
Laundry Features Inside
Living Area 12000.00
Unit Count 2

Exterior Features

Building Area Total 14411.00
Foundation Details Slab
Lot Size Acres 1.65
Lot Size Square Feet 71849

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 34275

Price
AVG $1.05M
$1.63M
Taxes
AVG $8,077
$17,764
Visits
AVG 294
28
Year Built
AVG 1972
1974

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