NOT LISTED FOR SALE

127 Avenida de Bahia Unit A Nokomis, FL 34275

Estimated Value: $495,000 - $943,000

4 Beds
4 Baths
2,546 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $615,000 $242 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,852/month

Highlights

  • No HOA
  • Walk-In Closet
  • Ceiling Fan
  • Laurel Nokomis School Rated A-
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

As of May 2023

Multiple offers. This is a 4plex with an additional 4plex right next to it. Owner owns both and each 4plex is $625,000. Price reflects any deferred maintenance and is priced for immediate sale. Currently one unit is left vacant for showings. Properties are on a well but county water can be connected as it is there. The current rents have not been updated in a long time and the rental income figures are based on rental property managers quoting a min of 1200 per month per unit and not the current income. Expected net income figure is after property taxes only. The 4plex next door is 125 Avenida De Bahia and the MLS # is: N6125783. Buy both for a total of 8 units at $1,250,000. There are only 3 existing leases remaining over all 8 units as the rest are month to month. Please be discreet when looking at the property and please do not disturb tenants. Roof replaced 10/24/2022. Septic tank & drain field replaced 11/2016. Six of the 8 central air conditioners were replaced in 2018 and 2019.

Last Agent to Sell the Property

Richard Rose

SETTLES REAL ESTATE LLC License #496602 Listed on: 03/16/2023

Last Buyer's Agent

Mia McKeehan

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3262338

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1976

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x143

Home Design

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

Interior Spaces

  • 2,546 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,814 Sq Ft Building
  • Nokomis Heights Community
  • Nokomis Heights Subdivision

Building Details

  • Gross Income $57,611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,676

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2546
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1976
  • Building Area Total: 2814
  • Lot Size Sq Ft: 10710
  • Tenant Pays: Electricity
  • Directions to Property: Turn west on Avenida De Bahia, four plex will be on the left and 127 is the right building.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 1048405
  • RATIO Current Price By Calculate: 241.56
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 127
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 236.53

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: RMF3
  • Parcel Number: 0171020038
  • Additional Parcels: No
  • Lot Dimensions: 75x143
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 995

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 4800

Multi Family

  • Gross Income: 57611
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1
  • Est Annual Market Income: 57611.00

Tax Info

  • Tax Annual Amount: 4676.05
  • Tax Block: A
  • Tax Book Number: 1-177
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Miller Christian and Lund Madison Miller
Bought by
Sanchez Camilo and Lopez Diana Correa
Current Estimated Value
$637,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,115,000
Outstanding Balance
$1,101,554
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
-$464,528
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Camilo $1,165,000 Properties Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Camilo $1,115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $615,000 -1.6% $242 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $625,000 -- $245 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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
2024 $5,702 $450,700 $81,800 $368,900
2023 $5,702 $427,700 $78,900 $348,800
2022 $4,676 $272,200 $80,500 $191,700
2021 $4,145 $199,300 $52,100 $147,200
2020 $4,025 $194,400 $48,700 $145,700
2019 $3,393 $133,300 $27,100 $106,200
2018 $3,622 $168,900 $27,100 $141,800
2017 $3,349 $135,122 $0 $0
2016 $3,391 $146,200 $24,600 $121,600
2015 $3,421 $151,500 $23,600 $127,900
2014 $3,290 $92,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Rose

    SETTLES REAL ESTATE LLC

    (941) 584-0889

    2 in this area

    18 Total Sales

    Richard Rose
    Section Image
  • Mia McKeehan

    Buyer's Agent in 2023

    Mia McKeehan

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 726-0898

    2 in this area

    63 Total Sales

    Mia McKeehan
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6125784

Stellar MLS

APN: 0171-02-0038

Florida Sarasota County Nokomis 34275

127 Avenida de Bahia Unit A, Nokomis, FL

This home is located at 127 Avenida de Bahia Unit A, Nokomis, FL 34275 since 16 March 2023 and is currently estimated at $637,026, approximately $250 per square foot. This property was built in 1976. 127 Avenida de Bahia Unit A is a home located in Sarasota County with nearby schools including Laurel Nokomis School, Venice High School, and Island Village Montessori School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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