217 Casey Key Rd - Residential Income FOR SALE


Nokomis, FL 34275
$4,195,000 USD
941-474-5585
217 Casey Key Rd, Nokomis, FL for Sale
$4,195,000 USD
Residential Income - FOR SALE
1/46
null | Request Cap Rate

217 Casey Key Rd
Nokomis, FL 34275


HIGHLIGHTS

  • 4 Units
  • Zoned HOTELS/MOTELS/LODGING
  • Beach Front

OVERVIEW

Introducing Casey Key Retreat: a once-in-a-lifetime opportunity to own income-producing beachfront property on the highly desirable shores of Casey Key. Situated directly on the Gulf of Mexico, this exceptional offering is one of the few properties on the key that is fully licensed and zoned for motel/hotel use — a rare and valuable distinction offering significant income potential and flexibility. Casey Key Retreat includes four turnkey, fully furnished 1-bedroom, 1-bath units, each with a living room and kitchen. This well-maintained complex is beloved by returning guests year after year and delivers strong, consistent rental performance. Some of the recent updates include a new roof (2022), impact doors and windows (2017), new AC units (2022), and relined sewer lines (2023), ensuring peace of mind and reduced maintenance for years to come. Enjoy the ultimate coastal lifestyle: world-class fishing, a full-service marina, nature parks, pristine beaches, and an array of restaurants are all within a short distance. The peaceful, laid-back atmosphere of Casey Key paired with direct beach access makes this an irreplaceable location ideal for both investors and vacationers. Please do not disturb tenants, look through windows, or speak to guests. Whether you’re expanding your hospitality portfolio or looking for a dream beachfront retreat with strong rental income, Casey Key Retreat checks every box. For more information, contact us today to schedule a viewing!

FOR SALE DETAILS

PRICE

$4,195,000 USD

PRICE/SF

$1,110 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Casey Key Retreats

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

RMF1

APN/PARCEL ID

0169-07-0003

ASK ABOUT THIS PROPERTY

Sam BeaugrandLasbury Tracy RealtyMore Info
941-474-5585

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Sam BeaugrandLasbury Tracy RealtyMore Info
941-474-5585

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