Description
Hard to find cash flowing, income opportunity CLOSE TO THE BEACH BUT NOT IN A FLOOD ZONE! There are 4 individual properties totaling 5 total units comprising: 2-2b/1ba and 3-1b/1ba. (addresses:509, 529 & 601 Shore Rd and tax parcel 0168160039) This is a multifamily zoned .25acre lot with potential to build additional units. It recently appraised at $200k and is included in this price. These vacation rental properties are all well established with glowing reviews on Airbnb with over 100 - 5 star reviews and VRBO with repeat guest stays. The owners website generates direct bookings and is fully set up. Seller will provide the professional photography and other marketing materials for you to take over with ease. More than $74,000 reservations on the books. Desirably located where renters pay to be, 1/2 a mile, 10 min walk or short bike ride to the beach and close to shops, restaurants and the Legacy Trail. Very secure and private resort feel. The salt water pool is located in the center for all guests convenience, it is completely screened in as a stand-alone pool with a paver patio and a sun shelf for lounging inside the pool. Heated for year round enjoyment. All units have been updated and have laundry use available. Each one is decorated in its own coastal theme and fully furnished. 4 have a private screened lanai and 1 has an open patio with a waterfall feature. Easy check-ins with keyless entry. Guests enjoy high-speed internet, free use of beach towels, chairs, umbrellas, bicycles, and bbq's. Great investment opportunity to produce income whether you have a property manager or want to live in one and run your own business while living the wonderful Florida lifestyle! So much potential for growth. Call/text for showings or more information!
Property Highlights
- Acres: 0.92
- County: Sarasota
- Year Built: 1978
- Cooling Type: Central Air
- Heating Type: Central
- Property Type: Commercial, Multi Family
- MLS #: A4505783
Area |
34275 - Nokomis/North Venice |
Garage |
Yes |
Number of Units Total |
5 |
Property Subtype |
Residential Income |
Property Type |
Multi Family |
Subdivision |
Acreage & Unrec |
Taxes |
$4,774 |
Utilities |
Electricity Available, Electricity Connected, Underground Utilities, Water Available, Water Connected |
Appliances |
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer |
Community Features |
Pool |
Construction Materials |
Block, Stucco |
Cooling |
Central Air |
Exterior Features |
Lighting, Outdoor Grill |
Has View |
Yes |
Heating |
Central |
Interior Features |
Eat-in Kitchen, Open Floorplan |
Interior Square Footage |
3,541 |
Lot Size Acres |
0.92 |
Lot Size Square Feet |
40,517 |
Patio Features |
Covered, Enclosed, Screened |
Roof |
Metal, Shingle |
Sewer |
Septic Tank |
Stories |
One |
Water Source |
Public |