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Property Detail

330 N Tamiami Trl, Nokomis, FL 34275, USA
Location in high traffic area near Sarasota County Gulf of Mexico beaches
$4,350,000

Description

INVESTMENT HIGHLIGHTS

  • Repeat clientele; top ranking reviews
  •  
  • Clean, spacious and well manicured setting
  •  
  • Owner financing an option with 33% down at below market rate.
  • Location in high traffic area near Sarasota County Gulf of Mexico beaches
  •  
  • Located in Nokomis Overlay District affording easy land use modifications; contact to learn of flexibility
  •  
  • Potential for additional uses with added density, height, and intensity.

EXECUTIVE SUMMARY

Located approximately 2 miles from Gulf of Mexico beaches Addy’s Villas is a prospering vacation rental business.
Ideal for owner/operator with main house residence (as is currently being used). Potential to expand with more density, height, and additional uses via the Nokomis Revitalization Plan ordinance, Sarasota County.
Units are licensed as hotel/motel and as condominiums so selling units individually is also an option.
Owner financing option possible @ 5% with 1/3 downpayment. Redeemable land lease possibility along with various/custom amortization options available.

AMENITIES

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 330 TAMIAMI TRL N , NOKOMIS, FL 34275

INVESTMENT HIGHLIGHTS 18 Units 2 ½ acres located minutes away from Venice and Nokomis beaches 18 UNITS consisting of 1 and 2 br villas (15 currently rented comprising the financials) Concrete block construction Infrastructure and zoning in place to add more units per Nokomis Revitalization Plan Outside 500 year flood zone Ideal vacation rental/airbnb marketplace Top rated (5 star) ratings with repeat clientel Profitable family business-owners retiring Amenities include heated swimming pool, picnic area, free parking, guest laundry Most units have full kitchens, nicely furnished Room to increase rates for new owner. Condominium structure in place; ability to sell individual units or time-share Seller financing at below market rate with 1/3 down for qualified borrower Excellent 1031 or immigration visa candidate. https://addysvillas.com website has additional information and interior photos The Sarasota, Siesta Key, Casey Key, Nokomis, Laurel and Venice coastal towns on the Gulf of Mexico are wonderful recreational and retirement area. Many fine dining, cultural events, fishing, boating, hiking, biking, and sporting possibilities exist. The property contains 45 rooms, 19 bathrooms, 3 garages, rv parking, workshop. Recent roof improvements. Property is priced below reproduction cost. Professionals familiar with the property and willing to discuss development option possibilities are: Ron Sivitz, Sivitz Innovative Designs (941) 587 3111 Brian Lichterman, Vision Planning & Design (941)-780-4166 Website for additional information and photos: https://addysvillas.com/

 

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite15$170.00-
Guest Room2$145.00

 

PROPERTY TAXES

 
 John Ask

Phone +1 941-486-0012

Mobile +1 941-228-5622

Specification

General

  • 19655
  • 2.5000
  • Investment
  • OPI (Property is located in the Nokomis Revitalization District; contact listing agent to learn about associated entitlements & modification options.)
  • 1953
  • 2016
  • 17

Financials

  • 5.14

Hospitality

Addy's Nokomis Villas

# 353

SKU: 353

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