6 months on rocket

509 Shore Rd, Nokomis, FL, 34275

$3,800,000

19 Bedrooms
16 Baths
6,530 SqFt
$582/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
Year Built1978
HeatingCentral
CoolingCentral Air, Zoned
Private PoolYes
MLS #A4610605
Lot Size1.43 Acres
StatusActive

About 509 Shore Rd

This is a package deal. Located at the core of Nokomis, FL, on 509 Shore Rd, this distinctive investment bundle offers an exceptional chance to merge comfort, elegance, and the ability to generate income, all a stone's throw away from the enticing Nokomis Beach. Envision owning a set of 5 structures, which include 3 delightful duplexes and 2 independent single-family residences, all reflecting the charm of Florida's architectural beauty and way of life. This estate provides not just a living space, but a passageway to a lifestyle many covet and a golden opportunity for any investor. No flooding from recent storm! Minor damage to car port and fencing due to high winds. For those with a vision for value and an eye for potential, the included vacant lot opens the door to endless possibilities. Whether you're contemplating expanding your real estate portfolio or dreaming up your next luxury build, this spot offers the perfect canvas. The shared pool is a serene oasis that promises relaxation and leisure, a focal point where tenants can unwind in the warmth of the Florida sun. Off-street parking adds an extra layer of convenience, ensuring ease of access for you and your guests. But let's talk numbers: with a track record of generating over $23,500 in gross income monthly, these properties stand out as a powerhouse in the realm of Airbnb and rental investments. Its ability to consistently perform in the rental market speaks volumes of its appeal to both short-term vacationers and long-term residents alike. Don't miss out on this exceptional opportunity to own a piece of Florida's paradise, paired with a proven, substantial income stream. Let 509 Shore Rd be your next smart investment and your portal to the exquisite Nokomis lifestyle.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 6,530 SqFt

Listing Office:

  • Office Name: HARRY ROBBINS ASSOC INC
  • Office Phone: (941) 924-8346
  • Listing Agent: Isaiah Miller

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters

Bedroom and Bathroom Information:

  • Total Bedroom Count: 19

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Fence, Lighting, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 509 Shore Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.43 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Headed S on N Tamiami Trl, turn right on Albee Rd W, Turn right on Shore Rd, Property on the left after the sign. Parking lot in the back.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,800,000
  • Price Per SqFt: $582/SqFt
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Housing Market Comparison

See how this home compares to others in Nokomis, FL.

Med. Sold Price

$539.7K

Med. Price/SqFt

$290

Avg. Days On Market

103

# of Sold Homes

46

509 Shore Rd vs Nokomis

190 DAYS ON ROCKET

+87 Days

$3,800,000

+$3.2M More

$582/SqFt

+$291 More

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $291/SqFt more than other homes in Nokomis, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4610605

Listing Office:

  • Office Name: HARRY ROBBINS ASSOC INC
  • Office Phone: (941) 924-8346
  • Listing Agent: Isaiah Miller

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively for consumers’ 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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 27, 2019Home Sold
$425,000
Apr 21, 2016Home Sold
$299,900
Apr 21, 2016Home Sold
$299,900
Apr 21, 2014Home Sold
$45,000
Feb 10, 2014Home Sold
$156,900
Apr 30, 2004Home Sold
$61,900
Jun 13, 2002Home Sold
$156,900

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1106197
9
/10
  • Venice Elementary School

  • 150 Miami Ave E

  • 2.79 miles

  • Public District Grades PK-5

school-card-donut-1106198
9
/10
  • Garden Elementary School

  • 700 Center Rd

  • 5.54 miles

  • Public District Grades PK-5

school-card-donut-1106199
8
/10
  • Taylor Ranch Elementary School

  • 2500 Taylor Ranch Trl

  • 8.92 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,486. The most common annual income of people living in Nokomis, FL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›Florida›Sarasota County›Nokomis›34275›509 Shore Rd

This home is located at 509 Shore Rd in Nokomis, FL and zip code 34275. This 6,530 square foot home, which was built in 1978, sits on a 1.43 acre lot. Features: 19 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $3,800,000.

In October 2024 more than 1 listings in Nokomis, FL were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 40 were sold below. The inventory of homes for sale in Nokomis, FL between September 2024 and October 2024 increased by 0.8%. While the average time on the market in October 2024 was 103 days, the median list price was $539,787.

From Rocket Homes Real Estate and based on county public records data.

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