$291.03 Per Sq Foot $23,352 est/mo Sourced by Back At You

330 Tamiami Trl N,NOKOMIS, FL 34275

NOKOMIS FL, 34275

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Description

Located approximately 2 miles from Gulf of Mexico beaches Addy’s Villas is a prospering vacation rental business. Nokomis is a charming coastal community situated on the Gulf of Mexico, offering easy access to beautiful beaches, boating opportunities, and a variety of restaurants. For those interested in boating, Nokomis offers access to the Intracoastal Waterway, allowing visitors to explore the picturesque water channels, go fishing, or embark on boating excursions. The nearby Dona Bay and Roberts Bay also provide excellent opportunities for kayaking and paddleboarding. Many use options including: commercial, mixed use, office, multi-family, storage, vehicle/RV condos, and current use as vacation rentals with ability to expand number of units. Trip Advisor ratings are 5.0 with many reviews. Strong positive reviews on other websites too. Local area includes a wide variety of restaurants, Venice Island shopping, golf courses, boating opportunities, fishing, 2 state parks, The Legacy Trail for hiking and biking, Venice Little Theatre, plus much more. Property includes: 10 Villas, 2 Cottages, 1 Studio, 3 Efficiencies, workshop and 4 Bedroom 2.5 Bath owner’s quarters. Amenities include: Heated swimming pool, picnic/grilling area, laundry (free to guests), free wi-fi, cable tv, and free parking. Efficiencies have kitchenettes and all other accommodations have full kitchens, ideal for vacation rental/ air bnb marketplace. Property is being sold at a capitalization rate of 6 with the owners 2,026 square foot, 4 bedroom, 2.5 bathroom, 2 stall garage home not currently being rented (not included in cap rate). One unit is rented annually at a below market rate; the on-site manager unit is not being rented. There are strong 2023 advance bookings! The property also has a potential to be modified to include additional units as per the Nokomis Revitalization Plan. Units are licensed as hotel/motel and as condominiums, so selling units individually is also an option. Huge growth in area, repeat clientele, great upside potential and diverse operational opportunities. Property is located outside of the 500 year flood zone. See property website for additional photos and information. We have a full team of professionals familiar with the property and willing to discuss option and modification possibilities. Owner financing at below market rate possible with 1/3 down.

Details

MLS#A4563540
Listing TypeFor Sale
StyleHospitality
Sub-TypeFor-sale
StatusActive
Year1953
Days On Site466
Listing Provided ByFLORIDA HOME TEAM LLC | John Ask
Buying Commision2%
Listing Commission2%

Features

SQ Feet684
Story(s)1
ZoningRMF1
Acreage2.40

Market Activity 34275

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of June 19, 2024 at 9:04:51 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountySarasota
CityNOKOMIS
Zip Code34275
Area34275 Nokomis | North Venice
Community NameADDYS NOKOMIS VILLAS
Listing VS Median (in ADDYS NOKOMIS VILLAS)
Price:
$4,350,000
low | high
Med:
$4,350,000
50% of Average
SqFt:
684
low | high
Med:
684
50% of Average
$ / SqFt:
$6,360
low | high
Med:
$6,360
50% of Average
On Site:
466
low | high
Med:
466.000000
100% of Average
Sourced by Back At You
Listing Updated: May 26, 2024 at 11:05:13 AM PDT