307 WINFIELD WAY

NOKOMIS, FL 34275

Listing courtesy of OVERSEAS REALTY, INC · MLS# A4594446

$698,000

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Property Details

Units

Square feet

2,343

Net income / yr

$52,092

MLS#

A4594446

Listed

January 5, 2024

Description

This darling multi-plex is very nicely updated and walk to Nokomis Beach. Amazing investment opportunity, location location, location! This quadruplex income property is fully leased out; sitting on an oversized lot (15,000)SF. 0.5 mile from the beach and 1 mile away from all the shops. 2 stories, with two 2-bedroom/1-bath units featuring wrap-around porch on the upper level. Quiet cul-de-sac street, county water, very well maintained and many creative possibilities. Brand new septic tank and drainfild installed 6/24. New roof 2021, second story units were re-done in 2021 which includes new counter tops, sinks, flooring and A/C units. Electric box updated 2022. 2 new hot water heaters. Exterior painted 2019. Property has a shed and shared laundry for all tenants.

Facts & Costs

Property type: Quadruplex
Units: 4
Net income: $52,092 / year
Zoning: RSF2
Year built: 1974
Lot size: 0.34 acres
Price per sq ft: $298
Days on market: 1000
Private pool: No
Waterfront: No
Community: Nokomis
Subdivision: NONE
County: Sarasota
Flood zone: AE

Monthly & yearly costs

Property taxes: $7,168 / year (2023)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Roof: Shingle
Construction: Block

Payment Estimate

$4,127 / month

Principal & interest: $3,529
Property taxes: $597
HOA: $0
Home insurance: enter below

Down payment (20%)$139,600Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Ceiling Fans(s)
Eat-in Kitchen
Window Treatments
Storage

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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