Address
125 & 127 Avenida De Bahia, NOKOMIS, FL
Price
$ 1,300,000
Property Attributes
  • MLS#A4601679
  • TypePending
  • CountySARASOTA
  • CityNOKOMIS
  • AreaNokomis-North Venice
  • NeighborhoodNokomis Heights
  • Zip34275
  • StyleMulti Family
  • Year Built1976
  • Taxes$ 5702
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5092
  • Lot Size0.25 Acres
Data Source:
Stellar MLS
Property Description

A unique 8-plex property in Sarasota County can be your next savvy investment opportunity! 5 of the 8 units have been partially updated (paint & some new appliances) with rents hovering at or above market rate. The other three units are ready for a rent bump from the next owner. Monthly gross income of $7,610! New exterior paint for both buildings and new exterior lights above each door. Two separate properties and buildings, each sharing a parking lot. Property is on well and septic, and both systems have been serviced in the past 6 months. Septic tank replaced 8/2017. 6/8 central air units were replaced in 2019. Please notify sales agent prior to any property interaction, as all units are filled.

Price History
3/1/2024 Listed $1,300,000

General Features

Interior Features Kitchen/Family Room Combo,Thermostat
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available,Electricity Connected
Roof Shingle
Exterior Features Fenced
Zoning RMF3
Construction Materials Stucco
Pets Allowed Yes
Year Built 1976
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Additional Parcels Description 0171020036
County Sarasota
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name NOKOMIS HEIGHTS
Garage Y/N No
Status Pending
Directions Continue Southbound on Tamiami Trail through Laurel/Nokomis,turning right on Avenida de Bahia. The assemblage is located on the left-hand side with a small parking lot in front
ModificationTimestamp 2024-06-05T13:13:09.813Z
City NOKOMIS
Buyer Agent Compensation 2.5%
Disclosures Seller Property Disclosure
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 8
MLS Area 34275 - Nokomis/North Venice
Lot Size Units Square Feet
Lot Size Square Feet 10710
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 5702
Additional Parcels Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4601679
Days on Market 95
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Tax Lot 9
Legal Description LOT 9 & WLY 1/2 OF LOT 8 BLK A NOKOMIS HEIGHTS
Water Access Y/N No
Water View Y/N No
Flood Zone Code AE

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None
LivingAreaSource Public Records

Exterior Features

Parking Features Open
Water Source Well
Lot Size Area 10710
Foundation Details Slab
Number of Buildings 2
Spa No
Lot Size Acres 0.25
Road Surface Type Asphalt
Number of Lots 2
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 34275

Price
AVG $650K
$1.3M
Taxes
AVG $4,200
$5,702
Visits
AVG 772
682
Data Provided by Inside Real Estate®
Year Built
AVG 2006
1976

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