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330 Tamiami Trl N

Nokomis, Florida, 34275, United States

Property ID: #553644 // commercial
330 Tamiami Trl N
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Traditional Sale
List Price:
$4,350,000.00
Icon 684 ft²
Icon 2.4 acres
Icon - beds
Icon - baths
Address:
330 Tamiami Trl N
City:
Nokomis
State:
Florida
Zip Code:
34275
County:
Sarasota
Subdivision:
ADDYS NOKOMIS VILLAS
Country:
United States
Property Type:
Commercial
Additional Property Types:
Hospitality
Year Built:
1953
Property Size:
684 ft²
Lot Size:
2.4 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
A4563540
Source Status:
Active
Source Property Type:
Commercial, Hotel/Motel

Property Provided By

  • John Ask
  • FLORIDA HOME TEAM LLC
  • +1 (941) 486-0012
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Property Information

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.

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.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of FLORIDA HOME TEAM LLC.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2024-02-29 16:42:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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