125-127 Avenida De Bahia

Nokomis, FL 34275

$1,300,000
Price
—
Beds
5,092 Sq. Ft.
$255 / Sq. Ft.
5,092
Sq. Ft.
$255
per Sq. Ft.

Description

A unique 8-plex property in Sarasota County can be your next savvy investment opportunity! 5 of the 8 units have been partially updated (paint & some new appliances) with rents hovering at or above market rate. The other three units are ready for a rent bump from the next owner. Monthly gross income of $7,610! New exterior paint for both buildings and new exterior lights above each door. Two separate properties and buildings, each sharing a parking lot. Property is on well and septic, and both systems...A unique 8-plex property in Sarasota County can be your next savvy investment opportunity! 5 of the 8 units have been partially updated (paint & some new appliances) with rents hovering at or above market rate. The other three units are ready for a rent bump from the next owner. Monthly gross income of $7,610! New exterior paint for both buildings and new exterior lights above each door. Two separate properties and buildings, each sharing a parking lot. Property is on well and septic, and both systems have been serviced in the past 6 months. Septic tank replaced 8/2017. 6/8 central air units were replaced in 2019. Please notify sales agent prior to any property interaction, as all units are filled.
  1. Listed by Christian Miller • FINE PROPERTIES

Property Details for 125-127 Avenida De Bahia

Subdivision Name
NOKOMIS HEIGHTS
Township
38
Waterfront
No

Location

Listing Courtesy of FINE PROPERTIES, Christian Miller
Add your commute
LISTING UPDATED: 03/05/2024 10:59 PM

Property Details for 125-127 Avenida De Bahia

StatusActive
MLS #A4601679
Days on Market64
Taxes$5,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1976
Lot Size0.25 AC / 10,710 SF
CountySarasota County

Location

Listing Courtesy of FINE PROPERTIES, Christian Miller
Add your commute

Building Information for 125-127 Avenida De Bahia

Stories-Residences8Year Built1976Building Size-Lot Size0.25 AC / 10,710 SF

Payment Calculator

$7,570 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 125-127 Avenida De Bahia

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: Continue Southbound on Tamiami Trail through Laurel/Nokomis, turning right on Avenida de Bahia. The assemblage is located on the left-hand side with a small parking lot in front
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Nokomis Heights
  • Unit Number: No
  • Street Number: 125 & 127
  • Street Name: AVENIDA DE BAHIA
  • State: FL
  • City: NOKOMIS
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Open
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: A
  • Tax Book Number: 1-177
  • Tax Legal Description: LOT 9 & WLY 1/2 OF LOT 8 BLK A NOKOMIS HEIGHTS
  • Tax Lot: 9
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 0171020036
  • Additional Parcels: Yes
  • Parcel Number: 0171020038
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: RMF3
  • Living Area: 5092
Property and Assessments
  • Year Built Numeric: 1976
  • Flood Zone Code: AE
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0239F
  • New Construction: No
  • Number Of Lots: 2
  • Public Survey Range: 18
  • Public Survey Section: 36
  • Dock YN: No
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Exterior Features: Fenced
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Kitchen/Family Room Combo, Thermostat
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $88,320.00
  • Unit Count: 1
Unit 1
  • Unit Type Baths Total 1: 8
  • Unit Type Beds Total 1: 8
  • Unit Type Type 1: Apartments
Rental
Rental Information
  • Pets Allowed: Yes

Property History for 125-127 Avenida De Bahia

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 125-127 Avenida De Bahia

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 11
Charter - 6 to 8
Rating
School
Distance
Laurel Nokomis School
PublicPK to 8

Venice Senior High School
Public9 to 12

Island Village Montessori School
CharterK to 11

Student Leadership Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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125-127 Avenida De Bahia is a multi-family home for sale in Nokomis, FL 34275. This property was listed for sale on February 28, 2024 by FINE PROPERTIES, it's currently listed at $1,300,000. This listing's school district is Sarasota. Nearby schools include Laurel Nokomis School, Venice Senior High School and Island Village Montessori School. 125-127 Avenida De Bahia is a 0-bed, 0-bath, 5,092 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FINE PROPERTIES, Christian Miller

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.