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    903 Albee Road W

    Nokomis, FL 34275
    • $1,800,000
    • STATUS: Active
    • ON SITE: 50 days
    • MLS #: A4498834
    UPDATED: 47 min ago
    $1,800,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,441
      SQFT
    • $523
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1992
    County:

    School Ratings & Info

    Description

    LOCATION ALERT!! This is a rare opportunity to own an income property within a 5 minute walk to the Gorgeous Nokomis Beach. You will fall in love with this well maintained beach area 4-Plex that has positive cash flow. This area is a boater's paradise with a marina and a boat ramp right down the street. You can live in the fully updated larger 2.5 bed/2 bath unit while you rent out the other 3 units for income, or just rent them all and maximize your profits. The AC is only 2 years old. The roof is only 5 years old with a solar system that brings the electric bill down to around $30 per month. There are 4 carports underneath that will comfortably park 4 cars in each. The Flood insurance is only about $600 per year because all the units are on the 2nd story. The floors have been insulated with icynene foam for high efficiency. There is a new Whole House Reverse Osmosis system. The house is hooked up to County Sewer with the option to connect to County Water if you want to. There is a large wooden deck to relax on that wraps around Unit #4 and a small deck outside each of units 1, 2, and 3. There is room for a pool in back and also the potential to close in part of the downstairs and build a 5th unit. This is a unique property for the right person. The property is occupied by tenants and is rented on AirBnB. Make an appointment to see this rare gem today!

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    © 2021 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 2021-06-14T13:41:12.23.
    www.rqemeraldcoastrealestate.com/homes/116451920
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    903 Albee Road W Nokomis, FL 34275

    • Price: $1,800,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: A4498834
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    3,441
    SQFT
    $523
    $/SQFT
    1992
    Built
    Neighborhood:
    Acreage & Unrec
    County:
    Sarasota
    Area:
    Nokomis/North Venice
    Property Description
    LOCATION ALERT!! This is a rare opportunity to own an income property within a 5 minute walk to the Gorgeous Nokomis Beach. You will fall in love with this well maintained beach area 4-Plex that has positive cash flow. This area is a boater's paradise with a marina and a boat ramp right down the street. You can live in the fully updated larger 2.5 bed/2 bath unit while you rent out the other 3 units for income, or just rent them all and maximize your profits. The AC is only 2 years old. The roof is only 5 years old with a solar system that brings the electric bill down to around $30 per month. There are 4 carports underneath that will comfortably park 4 cars in each. The Flood insurance is only about $600 per year because all the units are on the 2nd story. The floors have been insulated with icynene foam for high efficiency. There is a new Whole House Reverse Osmosis system. The house is hooked up to County Sewer with the option to connect to County Water if you want to. There is a large wooden deck to relax on that wraps around Unit #4 and a small deck outside each of units 1, 2, and 3. There is room for a pool in back and also the potential to close in part of the downstairs and build a 5th unit. This is a unique property for the right person. The property is occupied by tenants and is rented on AirBnB. Make an appointment to see this rare gem today!
    Exterior Features

    Additional Water Information You Can Walk To Nokomis Beach in About 5 Minutes. Carport Spaces 8 Carport Yn Yes Construction Materials BlockWood Frame Exterior Features BalconyLighting Foundation Details Slab Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances DishwasherDryerMicrowaveRangeRefrigeratorSolar Hot WaterSolar Hot Water OwnedWasherWhole House R.O. System Cooling Central Air Fireplace Yn No Flooring CarpetVinyl Heating ElectricHeat PumpSolar Sewer Public Sewer Water Source Well

    Property Features

    Additional Lease Restrictions See The Sarasota County Lease Rules Additional Parcels Yn No Annual Net Income 56000.00 Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Seller Property Disclosure DPR No Flood Zone Code Ae Garage Yn No Green Energy Efficient Insulation Green Energy Generation Solar Listing Terms CashConventionalOther Minimum Lease 1 Month New Construction Yn No Num Of Own Years Prior To Lse 0 Pets Allowed Yes Property Sub Type Quadruplex Realtor Info List Agent is Related To Owner Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Not Applicable Tax Annual Amount 12313.00 Tax Year 2020 Total Num Buildings 1 Utilities Bb/Hs Internet AvailableCable AvailableElectricity ConnectedFiber OpticsSewer ConnectedSolar Yrs Of Owner Prior To Leasing Re No Zoning Rmf2


    Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Keller Williams Realty Select.



    © 2021 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 2021-06-14T13:41:12.23.
     
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