100 Charles Dr - Apartments FOR SALE


Nokomis, FL 34275
$697,000 USD
941-961-8199
100 Charles Dr, Nokomis, FL for Sale
$697,000 USD
Apartments - FOR SALE
1/14
null | 5.31% Cap Rate

100 Charles Dr
Nokomis, FL 34275


OVERVIEW

Discover the Nokomis Hideaway, a lucrative investment opportunity boasting block construction for durability and peace of mind. Each of the spacious two-bedroom, two-bathroom units within this 2000-built property spans 1,124 rentable square feet, promising a high return on investment and ample space for tenants to thrive. Unleash the full potential of this property by exploring the option of transitioning from annual rentals to lucrative vacation rentals. Don't miss out on the opportunity to maximize your ROI and elevate your real estate portfolio with this versatile gem! ?Dive into the future of real estate investment with this meticulously maintained 21st-century property at 100 Charles Dr. Every inch of this multi-family gem exudes quality and care, boasting top shelf upgrades in roofing, HVAC systems, electrical wiring, plumbing, and interior renovations with a level of care that the current ownership achieves. ?Experience the peace of mind that comes with knowing that this property is not just a building—it's an investment in excellence. The location is prime! It is located west of the trail in Nokomis, Florida.? It is on a sheltered side access road just a few blocks from Blackburn Bay or Lyons Bay.? It rests nestled in the middle of quaint locals and new remodeled and custom built million dollar homes.? The property is located with an ease of access to Publix, Aldi, Starbucks, Paradise Grill, Island Fin, Bella Rimini and personal favorite The Breakfast cottage.? Tenants and guests are also convenient to US-41 (S.? Tamiami Trail) and Route 681 (Laurel Rd) and N/S & E/W travel.?

FOR SALE DETAILS

PRICE

$697,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

2

PRICE/UNIT

$348,500

CAP RATE

5.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nokomis Hideaway

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,988 SF

ZONING

RMF2

APN/PARCEL ID

0165-04-0039

ASK ABOUT THIS PROPERTY

Sean DrezninDreznin Pappas Commercial Real Estate LLCMore Info
941-961-8199

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Sean DrezninDreznin Pappas Commercial Real Estate LLCMore Info
941-961-8199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.