1645 & 1649 Bayshore ROAD Nokomis, FL $ 18,000,000
1645 & 1649 Bayshore ROAD
$ 18,000,000
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1645 & 1649 Bayshore ROAD

Nokomis, FL, 34275
$ 18,000,000
Bedrooms21 Baths14.0 Sq 10,359

Monthly Estimate*

$ 125,735

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Multi-Family Home for sale in Nokomis, FL

for $18,000,000 with 21 bedrooms and 14 full baths. This 10,359 square foot home was built in 1968 on a lot size of 3.87.

This listing offers one of the last undeveloped intercoastal/bayfront multi-family sites left on the West Coast of Florida which includes a 17-slip marina and additional dockage. This sale includes two separate lots (PID#S-0166150006 & 0166150007), with 3.87 acres combined with 345 +/-ft of Bay-frontage. This unique parcel is zoned for a total of 34 units with preliminary architectural renderings and the Sarasota County DRC pre-submittal application process has been completed along with surveys. With panoramic Bayfront views, large acreage and a private marina, you have the ability to create an exclusive multi-family waterfront development. Additional uses would include a single-family home development, a grand estate property with its own marina and large acreage. Another option would be to reside on one lot and build income producing properties on the other, along with boat-slip rentals. There are 12 buildings on the property with 14 units. Some of the units need work including roofs but are repairable. They are all concrete block except one building. The serene view overlooking Casey Key provides an old Florida feel. This property is ideally located with only 5 minutes to beautiful Nokomis Beach and Jetty, 10 minutes to quaint downtown Venice Island and beach, about 30 minutes from Downtown Sarasota with all of its cultural offerings, restaurants, nightlife, entertainment as well as easy access to the highway within 5 minutes. Take this one-of-a-kind property and transform it into your own Bayfront gem!

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Multi-Family Active

Price

$ 18,000,000

Bedrooms

21

Full Bath

14

Property Type

Multi-Family

Taxes

$ 93,264

Style

Multi Family

Lot Size

3.87

Year Built

1968

Town/City

Nokomis

County/Region

Sarasota

MLS | Web ID

A4604000

Features
General
Interior Features Ceiling Fans(s) Thermostat
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Sewer Available Water Connected
Roof Metal Shingle
Exterior Features Fenced Private Mailbox
Zoning RMF2
Garage Spaces 2
Construction Materials Block
Year Built 1968
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Bay/Harbor Intracoastal Waterway
County Sarasota
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage No
Subdivision Name N/A
Garage Y/N Yes
Status Active
Directions Heading on Bayshore Rd. From North property will be on the right.
City NOKOMIS
Buyer Agent Compensation 3%
Senior Community Y/N No
Total Units 14
MLS Area 34275 - Nokomis/North Venice
Lot Size Square Feet 168709
Private Pool No
Waterfront Y/N Yes
Carport Spaces 9
Carport Y/N Yes
Street Name Bayshore
Tax Annual Amount 93264
Public Remarks This listing offers one of the last undeveloped intercoastal/bayfront multi-family sites left on the West Coast of Florida which includes a 17-slip marina and additional dockage. This sale includes t
Virtual Tour https://tours.vtourhomes.com/16451649bayshoreroadnokomisfl?b=0 https://tours.vtourhomes.com/16451649bayshoreroadnokomisfl
Days on Market 0
Standard Status Active
Tax Lot 1
Legal Description N 158 FT OF S 564 FT OF US LOT 1 SEC 26-36-18
Water View Bay/Harbor - Full Intracoastal Waterway
Water Access Type Bay/Harbor Intracoastal Waterway
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Exterior
Water Source Public Well
Lot Size Area 3.873
Foundation Details Slab
Number of Buildings 12
Lot Size Acres 3.87
Road Surface Type Asphalt Gravel Paved
Lot Size Units Acres
Covered Spaces 11
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix ROAD
Laundry Features Electric Dryer Hookup Washer Hookup
Total Bedrooms 21
Total Baths 14
Living Area Units Square Feet
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* Excluded Features
List By
Keller Williams On The Water S

Broker

floridarealestate941@gmail.com

Email

Affordability Calculator

$133,507
Per Month
94%
6%
0%
Monthly Principal & Interest
$125,735
Monthly Property Taxes
$7,772
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$18,000,000 Listed Price

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1645 & 1649 Bayshore ROAD, Nokomis, FL, 34275 is a Multi-Family Home for sale at $18,000,000 with 10,359 sqft and a lot size of 3.87. 1645 & 1649 Bayshore ROAD has 21 bedrooms, 14.0 baths, and was built in 1968. The property's zip code is 34275 which is in Nokomis, FL