NOT LISTED FOR SALE

111 Avenida de La Isla Unit A Nokomis, FL 34275

4 Beds
4 Baths
2,626 Sq Ft
0.33 Acres

Last Sold August 15, 2022

Last sale price $570,375 $217 Per Sq Ft

37 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Family Room Off Kitchen
  • Laurel Nokomis School Rated A-
  • No HOA
  • Mini Split Air Conditioners

About This Home

As of August 2022

4 RENTAL UNITS on 2 lots, only 1.4 miles to Nokomis Beach and located west of 41. There is a 2 bedroom/1 bath house, a 1 bedroom/1 bath apartment, a 1 bedroom/1 bath apartment and an efficiency with 1 bath. All of the units have separate electric meters and one water meter serves all 4 of the units. The County water bill runs $55 to 60 per month. These rentals all have newer roofs, newer A/C units, updated bathrooms, paved parking and the 3 apartments have individual storage spaces. The projected net rental income is over $46,000 per year. Rent all 4 units or live in the house and rent the other 3 units. APPOINTMENT ONLY. Please do NOT disturb the tenants.

Last Agent to Sell the Property

Tim Lacey

THE RENTAL COMPANY OF VENICE License #3261250 Listed on: 06/25/2022

Last Buyer's Agent

Tim Lacey

THE RENTAL COMPANY OF VENICE License #3261250 Listed on: 06/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1948

Lot Details

  • 0.33

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,626 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.33 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Nokomis Heights Community
  • Nokomis Heights Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2626
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1948
  • Lot Size Sq Ft: 14280
  • Tenant Pays: Electricity
  • Directions to Property: From Venice, take 41 north to Nokomis, turn left onto Avenida De La Isla. 111 is the second complex on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6121534?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6121534?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.975
  • Price per Sq Ft: 217.2
  • Close to Original List Price Ratio: 0.76152
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 111
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Heat Pump, Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0171020006
  • Additional Parcels: No
  • Flood Zone Code: X500
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4799.65
  • Tax Block: B
  • Tax Book Number: 1-177
  • Tax Lot: 16

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $570,375 -2.5% $217 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $585,000 -15.8% $223 / Sq Ft
07/05/2022 07/05/22 Price Changed $695,000 -7.2% $265 / Sq Ft
06/25/2022 06/25/22 For Sale $749,000 -- $285 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: N6121534

Stellar MLS