Active

$675,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2626 sq ft
Overview
  • ID: MFRA4673186
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2626 sq ft
Property Details
Remarks
UNIQUE opportunity to own a multi-family property situated on two large lots west of Hwy 41 and less than two miles to Nokomis Beach. There are two dwellings on the property which provide four rental incomes. One is a duplex with two, 1 bed, 1 bath units. Also on the property is a recently renovated 2 bed, 1 bath home with an adjacent efficiency unit which has also been updated and comes completely furnished. All of the units have separate electric meters and one water meter serves all four units. The county water bill is approx. $80 per month. Roof and AC units are newer and there is ample parking for all. The projected net income is $53,650 for 2025.
Financial Considerations
Price:
$675,000
HOA Fee:
N/A
Tax Amount:
$6604.95
Price per SqFt:
$257.04
Tax Legal Description:
LOTS 16 & 18 BLK B NOKOMIS HEIGHTS
Exterior Features
Lot Size:
14280
Lot Features:
Level
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
4
Heating:
Heat Pump, Ductless
Cooling:
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1948
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
See Sarasota County lease restrictions
Map
  • Address
    111 AVENIDA DE LA ISLA
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