$2,350,000
$150K PRICE DROP

509 Shore Rd Nokomis, FL 34275

Estimated payment $14,136/month

Total Views 16,384
-- Bed
-- Bath
3,961 Sq Ft
$593 Price per Sq Ft

Highlights

  • Screened Pool
  • 0.93 Acre Lot
  • Great Room
  • Laurel Nokomis School Rated A-
  • Furnished
  • No HOA

About This Home

Beautifully Updated Income Producing AirBNB/VRBO Property consists of 3 buildings, vacant residential lot & an inground pool located in a quiet neighborhood in walking distance to Beautiful Nokomis Beach! Duplex in front includes 1 bd/1 bth & 2 bd, 1 bth units w/laundry area & rear screened lanais. Beautiful pool area w/screened inground htd saltwater pool w/paver deck. Single story home w/1 bd, 1 bth & duplex in rear features 2 bd, 1 bth & 1 bd/1 bth units. Al Laundry rooms have new pay as you go washers & dryers, storage room for cleaning supplies, bathroom for owners/employees & covered screened area for bikes & storage. All units completely updated, new interior & exterior paint & all are beautifully furnished w/tropical decor. Lush tropical landscaping & new water fountain w/irrigation system. Paver patios & walkways, 3 septic tanks on the property, Keyless entry doors, New mini splits, 2 units w/central air. Property is fenced. Close to waterfront dining, Pelican Alley, Pops Tropi Grill, walk to Harbour Marina, North Jetty, shopping & I75. Property could be sold in conjunction w/MLS# A4583068 (property behind this one).

Listing Agent

Ken Bracher

STARLINK REALTY Brokerage Phone: 239-693-7263 License #631609 Listed on: 09/21/2023

STARLINK REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,164

Year Built

  • Built in 1978

Lot Details

  • 0.93 Acre Lot
  • Fenced
  • Oversized Lot
  • Irrigation

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,961 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Screened Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0168160031

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units
  • Acreage & Unrec Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $34,373
  • Gross Income $209,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,164

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Multi-Family
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 3961
  • Lot Size Acres: 0.93
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 40510
  • Directions to Property: Albee Rd W to North on Shore Rd, property on the left.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Fort Myers
  • Escrow Postal Code: 33907
  • Escrow State: FL
  • Escrow Street Name: College Parkway, Suite 201
  • Escrow Street Number: 7370
  • List Office Head Office Key Nume: 162682602
  • RATIO Current Price By Calculate: 593.28
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 239-693-7263
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 509
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room
  • Living Area Meters: 367.99

Exterior Features

  • Pool Features: Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Fence, Irrigation System
  • Roof: Metal, Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • 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: Cable Available, Public
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

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: RMF1
  • Parcel Number: 0168160031
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 3764

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Total Actual Rent: 15000
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 209072
  • Number Of Units Total: 5
  • Total Num Buildings: 3
  • Unit Count: 5
  • Total Monthly Expenses: 2864

Tax Info

  • Tax Annual Amount: 17163.71
  • Tax Lot: 0

Map

Range of Values:

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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
2024 $8,227 $589,200 $205,200 $384,000
2023 $8,227 $596,500 $220,000 $376,500
2022 $7,908 $563,000 $222,800 $340,200
2021 $5,558 $398,600 $181,000 $217,600
2020 $4,775 $298,000 $124,000 $174,000
2019 $4,126 $251,900 $106,700 $145,200
2018 $4,076 $263,100 $109,100 $154,000
2017 $3,573 $207,400 $99,100 $108,300
2016 $3,095 $166,300 $53,200 $113,100
2015 $3,125 $164,200 $49,700 $114,500
2014 $2,985 $127,380 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Price Changed $2,350,000 -6.0% $593 / Sq Ft
09/21/2023 09/21/23 For Sale $2,500,000 +488.2% $631 / Sq Ft
12/15/2019 12/15/19 Sold $425,000 -14.3% $197 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/21/2019 09/21/19 Price Changed $496,069 -55.3% $230 / Sq Ft
09/06/2019 09/06/19 For Sale $1,109,690 -- $514 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,399,000 Attorney
Warranty Deed $425,000 Attorney
Warranty Deed $299,900 Attorney
Warranty Deed $156,900 Sunbelt Title Agency
Quit Claim Deed -- Attorney
Interfamily Deed Transfer $62,300 Chelsea Title Company
Warranty Deed $156,900 --
Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $879,300 Future Advance Clause Open End Mortgage
Previous Owner $318,750 New Conventional
Previous Owner $154,057 FHA
Previous Owner $259,000 New Conventional
Previous Owner $275,000 Fannie Mae Freddie Mac
Previous Owner $125,520 No Value Available
Source: Public Records

Source: Stellar MLS

MLS Number: A4583075

Stellar MLS

APN: 0168-16-0031