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    529 Shore Road

    Nokomis, FL 34275
    • $1,450,000
    • STATUS: Active
    • ON SITE: 73 days
    • MLS #: A4472202
    UPDATED: 33 min ago
    $1,450,000
    • 7
      BEDS
    • 0.92
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 3,541
      SQFT
    • $409
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1978
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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 4 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 people allowed and an additional 24 people 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!

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-28T22:39:15.757.
    www.buymidflhomes.com/homes/107901754
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    529 Shore Road Nokomis, FL 34275

    • Price: $1,450,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: A4472202
    7
    Beds
    5
    Baths
    1
    ½ Baths
    0.92
    Acres
    3,541
    SQFT
    $409
    $/SQFT
    1978
    Built
    Neighborhood:
    Acreage & Unrec
    County:
    Sarasota
    Area:
    Nokomis/North Venice
    Elementary School:
    Laurel Nokomis Elementary
    Middle School:
    Laurel Nokomis Middle
    High School:
    Venice Senior High
    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 4 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 people allowed and an additional 24 people 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!
    Exterior Features

    Carport Yn No Construction Materials BlockStuccoWood Frame Direction Faces South Exterior Features FencedHurricane ShuttersLightingOutdoor GrillSidewalk Fencing Wood Foundation Details Slab Lot Features In CountyLevel/FlatStreet Paved Parking Features GuestOff Street Patio And Porch Features CoveredEnclosedScreened Pool Features HeatedIn GroundSalt WaterScreen Enclosure Pool Private Yn Yes Roof MetalShingle View Pool Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Additional Rooms Attic Appliances Built-In OvenDishwasherDisposalDryerElectric Water HeaterExhaust FanIce MakerMicrowaveRefrigeratorTankless Water HeaterWasher Cooling Central AirMini-Split Unit(S) Fireplace Yn No Flooring LaminateTile Furnished Furnished Heating CentralNone Interior Features Ceiling Fans(S)Eating Space In KitchenLiving Room/Dining Room ComboOpen FloorplanPest Guard SystemSolid Surface CountersSolid Wood CabinetsSplit BedroomThermostatWindow Treatments Laundry Features InsideIn GarageLaundry Room Levels One Room Count 4 Rooms Master Bedroom (10x12 First) Kitchen (6x12 First) Living Room (10x12 First) Balcony/Porch/Lanai (8x12 First) Sewer Septic Tank Water Source Public

    Property Features

    Additional Lease Restrictions Verify With County. Additional Parcels Yn Yes Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Community Features Pool Disclosures Lead PaintSeller Property Disclosure DPR No Flood Zone Code X Garage Yn No Homestead Yn No Listing Terms CashConventional Minimum Lease 1 Month New Construction Yn No Property Condition Completed Property Sub Type Single Family Residence Realtor Info Docs AvailableNo SignSee AttachmentsSeptic/Sewer Addendum RequiredShort Term Rental AllowedSurvey Available Security Features Closed Circuit Camera(S)Security LightsSmoke Detector(S) Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Nokomis Tax Annual Amount 11600.00 Tax Year 2019 Utilities Bb/Hs Internet AvailableElectricity AvailableElectricity ConnectedPublicStreet LightsUnderground UtilitiesWater AvailableWater Connected Yrs Of Owner Prior To Leasing Re No Zoning Rmf1


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of S & D Real Estate Service Llc.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-09-28T22:39:15.757.
     
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