Address
529 SHORE ROAD Nokomis, FL
Price
$ 1,450,000
Property Attributes
  • MLS#A4472202
  • TypePending
  • CountySARASOTA
  • CityNokomis
  • AreaNokomis-North Venice
  • NeighborhoodAcreage & Unrec
  • Zip34275
  • StyleSingle Family Residence
  • Year Built1978
  • Taxes11600
  • Price$ 1,450,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage3541
  • Lot Size0.92 Acres
Listing Provided Courtesy Of:
S & D REAL ESTATE SERVICE LLC
Property Description

Rare income-producing as-is investment opportunity with significant value add in a desirable and growing area. 4 properties include 509, 529, 601 Shore Rd and multifamily vacant lot. Over $65,000 in reservations currently booked! These properties are all well established with glowing reviews on Airbnb and repeat guest stays. The owners website is fully set up and ready for you to take over with ease. There are 3 individual properties totaling 5 total units comprised of: 2-2b/1ba and 3-1b/1ba. Great VALUE ADD with a vacant lot zoned MFR1 with the ability to add a minimum of 3 more units, build up to 2,800 sqft to generate almost double the income. A current “best use” appraisal is available to confirm the value and potential these unique properties give you. Desirably located where renters pay to be, 1/2 a mile, 10 min walk to the beach and close to shops, restaurants and the Legacy Trail. The property is fully fenced with all units and parking inside by each one giving it a secure and private resort feel. Guests can use the heated, saltwater pool year-round. Located in the center for guest convenience, the screened-in pool is completely stand-alone with a paver patio and a sun shelf for lounging inside the pool. All units have been updated within the last 6 months, over $22,000 in renovations have been done. Each one is decorated in its own coastal theme and fully furnished. 5 have a private screened lanai and 1 is open with a waterfall. Easy check-ins with keyless entry. Guests also enjoy high-speed internet, free use beach towels, chairs, umbrellas, and bicycles. Unique income opportunities in this private setting for events such as family reunions, retreats, corporate functions and beach weddings. Currently, a maximum of 23 guests allowed and more after developing the vacant lot. Great investment opportunity to produce income whether you have a property manager or live in one and run your own business while living the wonderful Florida lifestyle!

Elementary School Middle School High School
Laurel Nokomis Elementary Laurel Nokomis Middle Venice Senior High
Price History
7/16/2020 Listed $1,499,000
9/5/2020 4% - $1,450,000

General Features

Additional Parcels Y/N Yes
Additional Rooms Attic
Appliances Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
Community Features Pool
Construction Materials Block, Stucco, Wood Frame
Cooling Central Air, Mini-Split Unit(s)
Elementary School Laurel Nokomis Elementary
Exterior Features Fenced, Hurricane Shutters, Lighting, Outdoor Grill, Sidewalk
Facing Direction South
Flooring Laminate, Tile
Heating Central, None
High School Venice Senior High
Interior Features Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
Junior High Laurel Nokomis Middle
Levels One
MLS Area 34275 - Nokomis/North Venice
Minimum Lease Period 1 Month
Parking Features Guest, Off Street
Patio/Porch Features Covered, Enclosed, Screened
Pool Features Heated, In Ground, Salt Water, Screen Enclosure
Private Pool Yes
Property SubType Single Family Residence
Property Type Residential
Roof Metal, Shingle
Security Features Closed Circuit Camera(s), Security Lights, Smoke Detector(s)
Sewer Septic Tank
Special Listing Conditions None
Status Pending
Subdiv Community Name Nokomis
Subdivision Name ACREAGE & UNREC
Terms Cash, Conventional
Township 38S
Utilities BB/HS Internet Available, Electricity Available, Electricity Connected, Public, Street Lights, Underground Utilities, Water Available, Water Connected
View Pool
Year Built 1978
Zoning RMF1

Interior Features

Furnished Y/N Furnished
Laundry Features Inside, In Garage, Laundry Room
Living Area 3541.00
Total Bedrooms 7

Exterior Features

Building Area Total 5081.00
Fencing Wood
Foundation Details Slab
Lot Features In County, Level/Flat, Street Paved
Lot Size Acres 0.92
Lot Size Square Feet 40517
Number of Lots 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $600K
$1.45M
Taxes
AVG $4,610
$11,600
Visits
AVG 158
989
Year Built
AVG 1997
1978

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