Skip To Content
    Return to Previous Page

    605 Osceola Road

    Nokomis, FL 34275
    • $1,575,000
    • STATUS: Active
    • ON SITE: 40 days
    • MLS #: A4480410
    UPDATED: 53 min ago
    $1,575,000
    • 0
      BEDS
    • 1.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $131
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    The property consists of 16 total units, in 8 solid masonry buildings, on one parcel of approximately 1.65 acres of land and is ideally positioned within 10 minutes of Casey Key, Venice Beach, Nokomis Beach & Main Street on Venice Island. The property features a favorable unit mix of 75% Two Bedroom units with washer/dryer hookups in all units and all Two Bedroom units are equipped with a large screened-in lanai. Six of the buildings are fitted with metal roofs and two buildings with shingle roofs. The property sits within steps of the new Legacy Trail extension that is currently in progress, and will connect Downtown Sarasota, Venice and North Port. Additionally, within a 3-5 mile radius of the subject property there is a new Sarasota Memorial Hospital Development currently in progress, as well as a New Amazon Distribution Center. All said, the property is an excellent value-add opportunity with strong upside potential by implementing a strategic interior renovation! Please view the property Offering Memorandum for full details including financials.

    Monthly Payment Calculator




    © 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 2020-11-23T19:40:38.703.
    www.memoryhopkinsrealestate.com/homes/110971875
    Print Image

    605 Osceola Road Nokomis, FL 34275

    • Price: $1,575,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: A4480410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.65
    Acres
    12,000
    SQFT
    $131
    $/SQFT
    1974
    Built
    Neighborhood:
    Nokomis
    County:
    Sarasota
    Area:
    Nokomis/North Venice
    Property Description
    The property consists of 16 total units, in 8 solid masonry buildings, on one parcel of approximately 1.65 acres of land and is ideally positioned within 10 minutes of Casey Key, Venice Beach, Nokomis Beach & Main Street on Venice Island. The property features a favorable unit mix of 75% Two Bedroom units with washer/dryer hookups in all units and all Two Bedroom units are equipped with a large screened-in lanai. Six of the buildings are fitted with metal roofs and two buildings with shingle roofs. The property sits within steps of the new Legacy Trail extension that is currently in progress, and will connect Downtown Sarasota, Venice and North Port. Additionally, within a 3-5 mile radius of the subject property there is a new Sarasota Memorial Hospital Development currently in progress, as well as a New Amazon Distribution Center. All said, the property is an excellent value-add opportunity with strong upside potential by implementing a strategic interior renovation! Please view the property Offering Memorandum for full details including financials.
    Exterior Features

    Carport Yn No Construction Materials Block Exterior Features Other Foundation Details Slab Patio And Porch Features Screened Pool Private Yn No Roof MetalShingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances RangeRange HoodRefrigerator Cooling Central Air Fireplace Yn No Flooring Tile Furnished Unfurnished Heating Central Laundry Features Inside Levels One Sewer Septic Tank Water Source Well

    Property Features

    Additional Parcels Yn No Annual Net Income 104993.00 Association Yn No Cdd Yn No DPR No Flood Zone Code Ae Garage Yn No Lease Term 12 Months New Construction Yn No Property Sub Type Multi-Family Realtor Info Brochure AvailableConfidentiality Letter RequiredNo Sign Senior Community Yn No Special Listing Conditions None Sw Subdiv Community Name Nokomis Tax Annual Amount 17764.74 Tax Year 2019 Total Num Buildings 8 Utilities Cable ConnectedElectricity Connected Zoning Rmf1


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of The Multifamily Firm 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 2020-11-23T19:40:38.703.
     
    https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4480410-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4480410-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_A4480410-2.jpg
    Logo
    Memory Hopkins Real Estate
    93B Orange St.
    St. Augustine FL, 32084