509 Shore Road

Nokomis, FL 34275

$3,800,000
Price
19
Beds
6,530 Sq. Ft.
$582 / Sq. Ft.
6,530
Sq. Ft.
$582
per Sq. Ft.

Description

This is a package deal. Investors! Here is your opportunity to own a unique portfolio of properties that generate over $23,300 per month. 2-5 minute drive from Nokomis Public Beach. North of Albee Rd & West of the Trail. This is a package sale of 8 income-producing units (3 duplexes, 2 single-family) that are operating as a short-term rental property. The location consists of 5 buildings and 1 vacant lot on 5 adjoining parcels. On site, is a private pool with shared access to rentals on McHill Rd....This is a package deal. Investors! Here is your opportunity to own a unique portfolio of properties that generate over $23,300 per month. 2-5 minute drive from Nokomis Public Beach. North of Albee Rd & West of the Trail. This is a package sale of 8 income-producing units (3 duplexes, 2 single-family) that are operating as a short-term rental property. The location consists of 5 buildings and 1 vacant lot on 5 adjoining parcels. On site, is a private pool with shared access to rentals on McHill Rd. RMF1 zoning. With a private parking lot, covered carport, and driveway parking this provides excellent parking for guests. It is actively listed on Airbnb plus the owners' website for online bookings. The owner's property website is included in the sale. (Duplex) 601 Shore Rd, 3bed/2bath 1,152 heated sq/ft. (Duplex) 509 Shore Rd, 3bed/3bath 2,377 heated sq/ft. (Single-Family) 529 Shore Rd 1bed/1bath 432 sq/ft. (Vacant lot) 11,200 sq/ft of land, is buildable. (Duplex) 914 McHill Rd, 2bed/2bath 1,328 heated sq/ft. (Single-family) 916 McHill Rd 2bed/1bath 1,241 heated sq/ft. Income and expenses are available upon request. Schedule your tour today!
  1. Listed by Isaiah Miller • HARRY ROBBINS ASSOC INC
  2. Listed by Marlin Yoder • HARRY ROBBINS ASSOC INC

Property Details for 509 Shore Road

Subdivision Name
ACREAGE & UNREC
Township
38
Carport Spaces
2
Waterfront
No
Furnished
Turnkey

Location

Listing Courtesy of HARRY ROBBINS ASSOC INC, Isaiah Miller; HARRY ROBBINS ASSOC INC, Marlin Yoder
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LISTING UPDATED: 05/31/2024 03:43 PM

Property Details for 509 Shore Road

StatusActive
MLS #A4610605
Days on Market26
Taxes$8,227 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1978
Lot Size1.43 AC / 62,142 SF
CountySarasota County

Location

Listing Courtesy of HARRY ROBBINS ASSOC INC, Isaiah Miller; HARRY ROBBINS ASSOC INC, Marlin Yoder
Add your commute

Building Information for 509 Shore Road

Stories-Residences8Year Built1978Building Size-Lot Size1.43 AC / 62,142 SF

Payment Calculator

$21,424 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,738

Property Taxes

$686

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 509 Shore Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Headed S on N Tamiami Trl, turn right on Albee Rd W, Drive .8 miles and turn right on Shore Rd, Drive .5 miles and turn left on the property after the sign. Parking lot in the back.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Not Applicable
  • Unit Number: No
  • Street Number: 509
  • Street Name: SHORE
  • Street Suffix: ROAD
  • State: FL
  • City: NOKOMIS
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Legal Description: BEG AT NE COR OF SEC 35-38-18, TH S ALG SEC LINE S 01 W 2393.2 FT TO NE COR OF AHO TRACT TH CONT SAME COURSE 75 FT FOR POB TH N 89-43 W 203 FT TH N 02-55 E 75 FT TH N 89-43 W 104.7 FT M/L TO NW COR
  • Tax Lot: 0
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 0168-16-0039,0168-16-0034,0168-16-0033,0168-16-0023
  • Additional Parcels: Yes
  • Parcel Number: 0168160031
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 5
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF1
  • Living Area: 6530
Property and Assessments
  • Year Built Numeric: 1978
  • Flood Zone Code: X
  • Flood Zone Date: 03-27-2024
  • Flood Zone Panel: 12115C0239G
  • New Construction: No
  • Number Of Lots: 5
  • Property Condition: Completed
  • Public Survey Range: 18
  • Public Survey Section: 35
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Public
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Fenced, Lighting, Sidewalk
  • Foundation Details: Slab
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Metal, Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 19
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace: No
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters
  • Laundry Features: Common Area, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Impact Glass/Storm Windows
Multi Family
Multi-Family Information
  • Annual Net Income: $281,035.00
  • Unit Count: 5
Unit 1
  • Unit Type Baths Total 1: 3
  • Unit Type Beds Total 1: 3
  • Unit Type Description 1: 509 Shore Rd(Duplex)
  • Unit Type Pro Forma 1: 2893
  • Unit Type Type 1: Apartments
  • Unit Type Units Total 1: 2
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: 529 Shore Rd(SFR)
  • Unit Type Pro Forma 2: 2893
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 2
  • Unit Type Beds Total 3: 3
  • Unit Type Description 3: 601 Shore Rd(Duplex)
  • Unit Type Pro Forma 3: 2893
  • Unit Type Type 3: Apartments
  • Unit Type Units Total 3: 2
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Description 4: 916 McHill Rd(SFR)
  • Unit Type Pro Forma 4: 2985
  • Unit Type Type 4: 2 Bed/1 Bath
  • Unit Type Units Total 4: 1
Unit 5
  • Unit Type Baths Total 5: 2
  • Unit Type Beds Total 5: 2
  • Unit Type Description 5: 914 McHill Rd(Duplex)
  • Unit Type Pro Forma 5: 5971
  • Unit Type Type 5: Apartments
  • Unit Type Units Total 5: 2

Property History for 509 Shore Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 509 Shore Road

Taxable ValueLand$222,400Additions-Total$222,400
Tax Record2023$2,986 ($249 / month)
Home Facts
Beds0Lot Size11,200 SqFtStyleResidentialZoningRMF1CountySARASOTAAPN0168-16-0039

Schools near 509 Shore Road

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 11
Charter - 6 to 8
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Island Village Montessori School
CharterK to 11

Student Leadership Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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509 Shore Road is a multi-family home for sale in Nokomis, FL 34275. This property was listed for sale on May 17, 2024 by HARRY ROBBINS ASSOC INC, it's currently listed at $3,800,000. It has been on the market for a total of 26 days and was last sold on October 22, 2021. This listing's school district is Sarasota. Nearby schools include Laurel Nokomis School, Venice Senior High School and Island Village Montessori School. 509 Shore Road is a 19-bed, 0-bath, 6,530 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HARRY ROBBINS ASSOC INC, Isaiah Miller; HARRY ROBBINS ASSOC INC, Marlin Yoder

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.