608-432-2531
406 Albee Rd W, Nokomis, FL for Sale
Apartments - FOR SALE
1/2
null | Request Cap Rate

406 Albee Rd W
Nokomis, FL 34275


HIGHLIGHTS

  • Pristine Shorelines: White sands, tranquil waters, and spectacular sunsets daily
  • Outdoor Living: Kayaking, fishing, shelling, and beach yoga at your doorstep
  • Family-Friendly & Laid-Back: Renowned for its quiet ambiance and welcoming community
  • Casey Key Vibe: Just around the corner from some of the most coveted Gulf-front homes in Southwest Florida
  • Charming Aesthetics: Brick-lined streets, Mediterranean-style architecture, and lush palm-lined avenues
  • Shopping & Dining: Over 100 boutiques, art galleries, and open-air cafés offering everything from coastal cuisine to gourmet fare

OVERVIEW

Welcome to an unparalleled investment or lifestyle opportunity! An 8-unit condo building located on the scenic route to Nokomis Beach and only minutes from the vibrant charm of Downtown Venice. This location offers the perfect fusion of coastal serenity and historic charm. This property is a rare value-add opportunity in one of Southwest Florida’s most sought-after coastal corridors. Units are currently rented month-to month at below-market rates, providing a unique upside for investors. With targeted upgrades and professional management, this building has the potential to significantly increase cash flow and long-term asset value. Its location—just minutes from both Nokomis Beach and Downtown Venice—makes it ideal for seasonal rentals, long-term tenants, or condo resale strategies. Whether you’re growing your portfolio or entering the Florida market, this is an opportunity to unlock strong returns in a proven lifestyle destination.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

8

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,289 SF

ZONING

RMF-1

APN/PARCEL ID

0000-00-7452

ASK ABOUT THIS PROPERTY

Scott MersingerTrinity Commercial GroupMore Info
608-432-2531

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Scott MersingerTrinity Commercial GroupMore Info
608-432-2531

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