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330 Tamiami Trail N
Nokomis, Florida FL 34275-2132
$4,350,000 Price
Active Status
684 SqFt
2.400 Acres
A4563540 Listing ID
Addys Villas In Nokomis is located approximately 2 miles from Gulf of Mexico beaches Addy’s Villas is a prospering vacation rental business. Trip Advisor ratings are 5.0 with 155 reviews. Strong positive reviews on other websites too! Local area includes a wide variety of restaurants, Venice Island shopping, golf courses, boating opportunities, fishing, 2 state parks, The Legacy Trail for hiking and biking, Venice Little Theatre, plus much more. Property includes: 10 Villas, 2 Cottages, 1 Studio, 3 Efficiencies, workshop and 4 Bedroom 2.5 Bath owner’s quarters. Amenities include: Heated swimming pool, picnic/grilling area, laundry, free wi-fi, cable tv, and free parking. Efficiencies have kitchenettes and all other accommodations have full kitchens, ideal for vacation rental/ air bnb marketplace. Property is being sold at a capitalization rate of 6 with the owners 2,026 square foot, 4 bedroom, 2.5 bathroom, 2 stall garage home not currently being rented (not included in cap rate). One unit is rented annually at a below market rate; the on-site manager unit is not being rented. The property also has a potential to be modified to include additional units as per the Nokomis Revitalization Plan. Units are licensed as hotel/motel and as condominiums, so selling units individually is also an option. Huge growth in area, repeat clientele, great upside potential and diverse operational opportunities. Property is located outside of the 500 year flood zone. The company website can be accessed to see interior photos and learn more property details.
Schedule Showing Virtual Tour
Status Active
County Sarasota
Subdivision Addys Nokomis Villas
Year Built 1953
Property Type Commercial Sale
Commercial Sale
Property Sub Type Hotel/Motel

Primary Features

County: Sarasota
Property Sub Type: Hotel/Motel
Property Type: Commercial Sale
Subdivision: Addys Nokomis Villas
Year Built: 1953
Zoning: RMF1

Interior

Building Area Units: Square Feet
Building Features: Bathrooms, Dumpsters, Furnished, Kitchen Facility, Lit Sign on Site
Cooling Type: Central Air
Levels: One
Living Area Meters: 63.55
Stories Total: 1

External

Construction Materials: Block
Foundation Details: Slab
Front Footage: 185
Lot Size Dimensions: 200x549x167x589
Lot Size SqFt: 104475
Lot Size Square Meters: 9706
Other Structures: Garage(s), Storage
Parking Features: Parking Spaces - 1 to 5
Property Condition: Completed
Road Frontage Type: Divided Highway, Main Throrughfare, State Road, Turn Lanes
Road Responsibility: Private Maintained Road
Road Surface Type: Concrete
Roof: Shingle
Total Acreage: 2 to less than 5
Total Number of Buildings: 9
Vegetation: Mature Landscaping
Water Access: no
Water Extras: no
Water View: no
Waterfront: no

Location

Building Area Source: Public Records
Building Area Total: 14947
Complex Development Name: Addy's Nokomis Villas
Country: US
Flood Zone Code: AE
Flood Zone Panel: 12115C0239F
MLS Area Major: 34275 - Nokomis/North Venice
Number Of Lots: 17
Township: 38

Financial

Current Price: 4350000.00
Sale Includes: Building(s) and Land,Furniture/Fixtures,Leases
Special Listing Conditions: None
Tax Annual Amount: 20569
Tax Lot: 1-17
Tax Year: 2022

Zoning Info


Listed by: Florida Home Team Llc 941-486-0012.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. 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 consumer 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Friday, March 24th, 2023 at 09:21:45 AM.

Contact - Listing ID A4563540

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WALT BETHEL

2815 Tamiami Trail
Punta Gorda, FL 33950
Phone: 8639901748
Phone Alt: 8639901748

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