Golf Course - Seller Financing
Address
330 Tamiami TRAIL N, NOKOMIS, FL
Price
$ 4,350,000
Property Attributes
- MLS#A4563540
- TypeCommercial
- CountySARASOTA
- CityNOKOMIS
- AreaNokomis-North Venice
- NeighborhoodAddys Nokomis Villas
- Zip34275
- StyleHotel/Motel
- Year Built1953
- Taxes$ 20569
- Price$ 4,350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage684
- Lot Size2.4 Acres
Data Source:
Stellar MLS
Property Description
Located approximately 2 miles from Gulf of Mexico beaches Addy’s Villas is a prospering vacation rental business. Nokomis is a charming coastal community situated on the Gulf of Mexico, offering easy access to beautiful beaches, boating opportunities, and a variety of restaurants. For those interested in boating, Nokomis offers access to the Intracoastal Waterway, allowing visitors to explore the picturesque water channels, go fishing, or embark on boating excursions. The nearby Dona Bay and Roberts Bay also provide excellent opportunities for kayaking and paddleboarding. Many use options including: commercial, mixed use, office, multi-family, storage, vehicle/RV condos, and current use as vacation rentals with ability to expand number of units. Trip Advisor ratings are 5.0 with many reviews. Strong positive reviews on other websites too. Local area includes a wide variety of restaurants, Venice Island shopping, golf courses, boating opportunities, fishing, 2 state parks, The Legacy Trail for hiking and biking, Venice Little Theatre, plus much more. Property includes: 10 Villas, 2 Cottages, 1 Studio, 3 Efficiencies, workshop and 4 Bedroom 2.5 Bath owner’s quarters. Amenities include: Heated swimming pool, picnic/grilling area, laundry (free to guests), free wi-fi, cable tv, and free parking. Efficiencies have kitchenettes and all other accommodations have full kitchens, ideal for vacation rental/ air bnb marketplace. Property is being sold at a capitalization rate of 6 with the owners 2,026 square foot, 4 bedroom, 2.5 bathroom, 2 stall garage home not currently being rented (not included in cap rate). One unit is rented annually at a below market rate; the on-site manager unit is not being rented. There are strong 2023 advance bookings! The property also has a potential to be modified to include additional units as per the Nokomis Revitalization Plan. Units are licensed as hotel/motel and as condominiums, so selling units individually is also an option. Huge growth in area, repeat clientele, great upside potential and diverse operational opportunities. Property is located outside of the 500 year flood zone. See property website for additional photos and information. We have a full team of professionals familiar with the property and willing to discuss option and modification possibilities. Owner financing at below market rate possible with 1/3 down.
| Price History | |
|---|---|
| 3/11/2023 | Listed $4,350,000 |
General Features
| Cooling | Central Air |
|---|---|
| Roof | Shingle |
| Zoning | RMF1 |
| Construction Materials | Block |
| Pets Allowed | Yes - See Condo Docs |
| Year Built | 1953 |
| Levels | One |
| Property SubType | Hotel/Motel |
| Tax Year | 2022 |
| Percent Ownership | Corporation |
| County | Sarasota |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | ADDYS NOKOMIS VILLAS |
| Building Features | Bathrooms,Dumpsters,Furnished,Kitchen Facility,Lit Sign on Site |
| Other Structures | Garage(s),Storage |
| Status | Active |
| Directions | I-75 to exit 195/Laurel Road; East to Tamiami Trail; South from Laurel Road; property on the left/East side of 41 just North of Albee Road leading to the beaches. |
| City | NOKOMIS |
| Buyer Agent Compensation | 2% |
| MLS Area | 34275 - Nokomis/North Venice |
| Lot Size Square Feet | 104475 |
| Waterfront Y/N | No |
| Street Name | Tamiami |
| Tax Annual Amount | 20569 |
| Property Condition | Completed |
| Public Remarks | Located approximately 2 miles from Gulf of Mexico beaches Addys Villas is a prospering vacation rental business. Nokomis is a charming coastal community situated on the Gulf of Mexico,offering eas |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/A4563540 |
| Days on Market | 295 |
| Standard Status | Active |
| Tax Lot | 1-17 |
| Virtual Tour | www.floridahometeam.net |
| Legal Description | UNITS 1-17,ADDYS NOKOMIS VILLAS |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| Street Suffix | TRAIL |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | 1 to 5 Spaces |
|---|---|
| Lot Size Area | 2.3984 |
| Foundation Details | Slab |
| Number of Buildings | 9 |
| Building Area Total | 14947 |
| Lot Dimensions | 200 x 549 x 167 x 589 |
| Lot Size Acres | 2.4 |
| Road Surface Type | Concrete |
| Lot Size Units | Acres |
| Road Frontage Type | Divided Highway,Main Throrughfare,State Road,Turn Lanes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 34275
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 1, 2024 4:37 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
