Hunt Brothers Realty | Sarasota Florida Real Estate
Listing ID: A4539877
Price: $935,000
Status: Pending
Address: 112-118 Colonia Lane E
City: Nokomis
State: Florida
Postal Code: 34275
Bedrooms: 4
Total Baths: 2
SqFt: 3,404
Acres: 0.170
County: Sarasota
Subdivision: Nokomis
Nokomis
FL
34275
RARE MF INVESTMENT OPPORTUNITY. This 4-Plex in Sarasota County is fully-occupied with long-term, stable tenants. Current rent is below market and does not reflect the actual earning potential of this property. Increase rent to market rate for substantial return on investment. Market CAP rate 7+%. Showings by appointment only. PLEASE DO NOT DISTURB TENANTS.
Primary Features
County:
Sarasota
Property Sub Type:
Duplex
Property Type:
Residential Income
Subdivision:
Nokomis
Year Built:
1977
Zoning:
RMF1
Interior
Building Area Units:
Square Feet
Cooling Type:
Central Air
Fireplace:
no
Flooring:
Vinyl
Heating Type:
Electric
Interior Features:
Other
Levels:
One
Living Area Meters:
316.24
Living Area Source:
Public Records
Living Area Units:
Square Feet
Unit Count:
2
Location
Association:
no
Building Area Source:
Public Records
Building Area Total:
3332
Community Features:
Sidewalks
Country:
US
MLS Area Major:
34275 - Nokomis/North Venice
Senior Community:
no
Subdivision Number:
0176
SW Subdivision Community Name:
Nokomis
Township:
39
Waterfront:
no
Additional
CDD:
no
Contract Status:
Inspections
Homestead:
no
Mls Status:
Pending
Public Survey Range:
19
Public Survey Section:
06
SDEO:
no
Financial
Annual Expenses:
6085
Annual Net Income:
53735.00
Current Price:
935000.00
Estimated Annual Market Income:
67480.00
Gross Income:
59820
Listing Terms:
Cash
Other Exemptions:
no
Ownership:
Fee Simple
Special Listing Conditions:
None
Tax Annual Amount:
5266.99
Tax Block:
16
Tax Book Number:
0001/0011
Tax Lot:
5
Tax Year:
2021
Total Actual Rent:
4985
External
Carport:
no
Construction Materials:
Block, Stucco
Exterior Features:
Lighting
Flood Zone Code:
AE
Flood Zone Panel:
12115C0327F
Foundation Details:
Slab
Garage:
no
Lot Features:
Near Public Transit, Paved
Lot Size Dimensions:
see tax info
Lot Size SqFt:
7487
Lot Size Square Meters:
696
New Construction:
no
Number Of Units Total:
4
Pool Private:
no
Road Surface Type:
Other
Roof:
Shingle
Sewer:
Septic Tank
Total Acreage:
0 to less than 1/4
Total Number of Buildings:
2
Utilities:
Cable Available, Electricity Connected, Fire Hydrant, Street Lights
Water Access:
no
Water Extras:
no
Water Source:
Public
Water View:
no
Zoning Info
Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Wednesday, August 17th, 2022 at 08:36:22 AM.
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