Wow! What an amazing opportunity to own this immaculately maintained, very well-managed and ever so popular vacation rental destination in the heart of Nokomis, FL! Situated on almost 1 acre of land and completely fenced in, this private, resort-like paradise offers 5 rentable units including 2 duplexes and 1 stand-alone residence with plenty of upside potential. Excellent NOI based on 4 of the units being rented to vacationers almost year-round, with upside potential to rent out the 5th unit that was previously occupied by the Owners. An additional +/-11,200sf (0.26ac mol) of vacant land opens the door for further expansion and development of another stand-alone residence or possibly a Duplex, driving up earning potential even higher! The sky is truly the limit with this gem of a property! Let your imagination run wild and utilize this property for a variety of different uses including annual rentals, seasonal rentals or continue operating as-is. Currently, this property is utilized as an Airbnb Vacation destination with everything an Owner would need to continue operating it as such. This place has it all! Features include recently updated/renovated private units that are turn-key finished, a new, heated saltwater community pool, bikes, beach chairs, gas grills and more! Take advantage of this excellent opportunity to own your own slice of paradise while reaping the benefits of rental income with tons of room for increased cash flow.

Key Points: Very Popular, Airbnb Destination! Recently Renovated, Cottage-like Units Turn-Key Furnished Units with Updated Interiors All Appliances and Furniture 1-2 Years Old Minutes to area Beaches and Other Popular Destinations Private, Resort-like Setting, Fully Fenced In Room for Further Development Upside Potential!

Units: 5


The Property is For Sale

Asking Price: $1,189,000

Building Size: 1,957 SQ FT

Cost per Square Foot: $607.56


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American Property Group of Sarasota, Inc.
601 Shore Rd.
Nokomis, Florida 34275
United States

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Andy Metz
941.923.0535 x310
andy@americanpropertygroup.com

www.americanpropertygroup.com/