12 Units in Nokomis Florida

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30802483
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 12 Units
Building Size (RSF): 11,483 SF
Gross Building Area: 12,511 SF
Gross Land Area: 0.55 Acres
Sale Price: $1,900,000
Unit Price: $158,333.33 Per Unit
Property Use Type: Investment
Usable Size (USF): 11,483 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2022

Overview / Comments

12 units – 6 Duplexes. 6 - 2BR/2BA units plus 6-2BR/1BA units. Bring your handyman with you. 2 of the 6 units have new roofs, the others will be done. All units have tile floors. 1 unit at present is vacant. All have separate electric meters, one water meter serves all units and is paid by the owner. Rents currently are $800., $950., and $1,050 per month. They should be between $1,200 - $1,300 per month. Presently zoned RMF/3 could be changed to commercial. 3 separate parcels total .5539 of an acre, (or just over a half-acre). Total taxes all 3 units
$14,275. Call Peggy Wellman (941-374-0811) or Dan (941-302-2354.)

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Taxing Authority: Sarasota County
Tax ID/APN: 0171020033, 0171020072, 0171020034
Zoning: RMF3
Percent Occupied: 99%
Property Located Between: US 41 & Avenida De Bahia
Highway Access: US 41
Airports: SRQ
Site Description: 3 parcels
Total Number of Buildings: 6
Property Condition: Poor
Number of Stories: 1
Year Built: 1981
Roof Type: Gable
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 24
Sprinklers: None
Heat Type: Electricity
Heat Source: Wall Units
Fuel: Electric
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: RMF/3 could be rezoned to commercial
Lot Frontage: 541
Lot Depth: 143
Water Service: Municipal
Sewer Type: Septic
Legal Description: Lots 1, 2, 3, 4, 5 & 6 Blk A Nokomis Heights

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,031 32,723 62,157
Median Age: 54.15 63 61.35
Households: 2,529 17,320 31,898

Contact

Photograph of Listing Agent

Dan J Page

MICHAEL SAUNDERS & COMPANY
MFCRE Member
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