$1,200,000
$95K PRICE DROP

112 Colonia Ln E Nokomis, FL 34275

Estimated payment $6,755/month

Total Views 23,734
8 Beds
4 Baths
3,330 Sq Ft
$360 Price per Sq Ft

Highlights

  • No HOA
  • Garden
  • Combination Dining and Living Room
  • Laurel Nokomis School Rated A-
  • Central Heating and Cooling System
  • 2-minute walk to Pocono Trail Preserve

About This Home

RARE INVESTMENT OPPORTUNITY! PUBLIC WATER!
2 DUPLEXS (4 units total) ON ONE PARCEL! PUBLIC WATER! BRAND NEW SEPTIC TANKS WITH BRAND NEW DRAIN FIELDS! NEWER ROOFS! NEWER AC'S! FRESHLY PAINTED! PRIVACY! LAUNDRY IS INSIDE IN THE UNITS.
Unique opportunity to own an Income Property with COMPLETE PRIVACY near 41 in Nokomis. Just minutes from beautiful Nokomis Beach and 5 minutes from all the hustle and bustle of our little cute Venice downtown which include popular restaurants, shops, tennis courts, dog parks, and local art and farmers market on the weekends . With the Legacy Trail right around the corner, it is perfect for all kinds of activities. Property is nestled on a quiet shady tropical street in a great neighborhood. HOME LOCATED 5 minutes away from I-75 and NEW SARASOTA MEMORIAL HEALTH CARE SYSTEM NEW HOSPITAL IN VENICE ! This home features parking, fenced yard, plenty of storage. Enjoy the good life in Paradise. Don't let this great and rare opportunity pass by. Secure your Showings before its gone! NO SITE VISITS WITHOUT THE APPOINTMENT.

Listing Agent

Regina Melman

RE/MAX PALM REALTY OF VENICE Brokerage Phone: 941-451-2025 License #3455400 Listed on: 09/21/2023

RE/MAX PALM REALTY OF VENICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,837

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Garden

Parking

  • Open Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,330 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Schools

  • Laurel Nokomis Elementary School
  • Laurel Nokomis Middle School
  • Venice Senior High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 3,490 Sq Ft Building
  • Nokomis Community
  • Nokomis Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,837

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3330
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 3490
  • Lot Size Sq Ft: 15206
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 324.23
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 360.36
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-451-2025
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 309.37

Exterior Features

  • Exterior Features: Fence, Garden, Lighting, Private Mailbox, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12115C0327F

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Laurel Nokomis Elementary
  • High School: Venice Senior High
  • Middle Or Junior School: Laurel Nokomis Middle

Lot Info

  • Zoning: RMF1
  • Parcel Number: 0405130008
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Total Actual Rent: 9600
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 5837
  • Tax Block: 16
  • Tax Book Number: 1-11
  • Tax Lot: 5

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,755 $738,100 $211,600 $526,500
2024 -- $644,300 $183,700 $460,600
2023 $6,444 $437,000 $147,100 $289,900
2022 $5,837 $356,600 $132,800 $223,800
2021 $5,266 $289,900 $85,700 $204,200
2020 $4,658 $219,000 $45,700 $173,300
2019 $4,641 $228,500 $45,500 $183,000
2018 $4,204 $201,400 $45,500 $155,900
2017 $4,507 $214,291 $0 $0
2016 $4,411 $218,200 $53,500 $164,700
2015 $4,121 $183,400 $43,500 $139,900
2014 $3,865 $146,500 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Price Changed $1,200,000 -7.3% $360 / Sq Ft
10/27/2023 10/27/23 For Sale $1,295,000 0.0% $389 / Sq Ft
09/26/2023 09/26/23 Off Market $1,295,000 -- --
09/21/2023 09/21/23 For Sale $1,295,000 -- $389 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 Milestone Title Services
Warranty Deed $800,000 First International Title
Interfamily Deed Transfer -- None Available
Warranty Deed $162,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $880,000 New Conventional
Previous Owner $117,000 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: N6128407

Stellar MLS

APN: 0405-13-0008