NOT LISTED FOR SALE

702 Albee Rd W Nokomis, FL 34275

Estimated Value: $656,000 - $732,000

4 Beds
4 Baths
1,934 Sq Ft
$354/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $695,000 $359 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,166/month

71 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Dock made with wood
  • No HOA
  • Laurel Nokomis School Rated A-
  • Canal View
  • Skylights

About This Home

As of April 2024

The very best Opportunity to own for both Investors and Homeowners in this two-unit duplex in creme de la creme location. Gulf Access, not unusual for a Manatee visit. Partially furnished. Live in Unit 1 and rent out or airbnb Unit 2. This duplex is located less than one mile to Nokomis Beach and Casey Key! Walk or bike to the Beach. This is a very well-maintained property: Roof 2022, AC and Ducts 2023, Beautiful new vinyl fencing, new vinyl sidings just installed, 2 Water Heaters 2024, Sea Wall Repaired with Warranty, two carports. Both units boast cozy 2 bedrooms, 2 baths, new skylight, kitchen and washer and dryer. Back faces wood dock with canal to enjoy canoeing, kayaking or small boat through lavish Florida vegetation. Savor your morning coffee on the dock or your lanai. Tenants will want to return year after year to make sun filled memories and endless adventures at: Nokomis Beach, Drum Circle, Yoga, Tiki Bars and award-winning dockside restaurants, North Jetty, Boat & Jet Ski Rentals.

Last Agent to Sell the Property

Lourdes Sabates

COLDWELL BANKER REALTY Brokerage Phone: 941-493-1000 License #3237558 Listed on: 01/18/2024

COLDWELL BANKER REALTY

Last Buyer's Agent

Justin Buffaloe

AMY ROBINSON REAL ESTATE LLC License #3302217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 1971

Lot Details

  • 8,832 Sq Ft Lot
  • Property fronts a canal with brackish water
  • Fenced

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,934 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Awning
  • Sliding Doors
  • Canal Views
  • Laundry Room

Outdoor Features

  • Water access To Gulf or Ocean
  • Fixed Bridges
  • Access to Brackish Canal
  • Seawall
  • Dock made with wood
  • Open Dock
  • Outdoor Storage

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank

Community Details

  • No Home Owners Association
  • 702 Buildings
  • 2 Units
  • Nokomis Gardens Community
  • Nokomis Gardens Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,403

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Brick, Vinyl Siding
  • Fireplace: No
  • Living Area: 1934
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 8832
  • Directions to Property: US41 left on Albee Rd W. Property on Left on corner lot
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046393
  • RATIO Current Price By Calculate: 359.36
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_DockDescription: Dock - Open,Dock - Wood
  • MFR_DockYN: 1
  • Attribution Contact: 941-493-1000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Skylight(s), Thermostat
  • Foundation Details: Block, Concrete Perimeter
  • Street Number Modifier: 702
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 179.67

Exterior Features

  • Exterior Features: Awning(s), Fence, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Concrete, Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Brackish,Gulf/Ocean
  • Water Extras: Bridges - Fixed,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, 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

Schools

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

Lot Info

  • Zoning: RSF3
  • Parcel Number: 0171120018
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Lot Size Square Meters: 821

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Canal - Brackish
  • Total Num Buildings: 702
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6402.79
  • Tax Book Number: 9-91
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 22, 2024
Sold by
Albee Management Llc
Bought by
Mickelson August and Olah Kinga T
Seller's Agent
Lourdes Sabates
COLDWELL BANKER REALTY
Buyer's Agent
Justin Buffaloe
AMY ROBINSON REAL ESTATE LLC
List Price
$750,000
Sold Price
$695,000
Premium/Discount to List
-$55,000
-7.33%
Views
51
Current Estimated Value
$684,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,025
Avg. Annual Appreciation
-1.02%
Original Mortgage
$607,500
Outstanding Balance
$598,423
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$86,552

Purchase Details

Closed on
Jan 3, 2006
Sold by
Sorace Richard A and Sorace Denise V
Bought by
Albee Holdings Lllp

Purchase Details

Closed on
Jan 2, 2006
Sold by
Sorace Family Partnership Llp
Bought by
Sorace Richard A and Sorace Denise

Purchase Details

Closed on
Feb 13, 2003
Sold by
Accordino Joseph P and Accordino Margaret
Bought by
Sorace Family Ptnr L L P

Purchase Details

Closed on
Aug 23, 2000
Sold by
Carriero Mary L and Carriero Joseph P
Bought by
Accordino Joseph P and Accordino Margaret
Source: Public Records

Range of Values:

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Average Value
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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
Mickelson August $695,000 None Listed On Document
Albee Holdings Lllp -- Attorney
Sorace Richard A -- Attorney
Sorace Family Ptnr L L P $300,000 --
Accordino Joseph P $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mickelson August $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $695,000 -4.1% $359 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $725,000 -3.3% $375 / Sq Ft
02/02/2024 02/02/24 For Sale $750,000 0.0% $388 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/18/2024 01/18/24 Price Changed $750,000 +6.4% $388 / Sq Ft
01/18/2024 01/18/24 For Sale $705,000 -- $365 / 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 $6,403 $384,473 -- --
2023 $6,403 $624,600 $364,600 $260,000
2022 $5,713 $533,400 $307,700 $225,700
2021 $4,631 $371,100 $182,800 $188,300
2020 $3,807 $271,600 $130,500 $141,100
2019 $3,706 $286,100 $142,700 $143,400
2018 $3,554 $286,800 $130,500 $156,300
2017 $2,858 $189,235 $0 $0
2016 $2,832 $198,500 $82,100 $116,400
2015 $2,998 $222,200 $96,200 $126,000
2014 $2,778 $129,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: N6130590

Stellar MLS

APN: 0171-12-0018