330 TAMIAMI TRAIL N NOKOMIS FL 34275 MLS #A4563540

330 TAMIAMI TRAIL N
NOKOMIS, FL, 34275
$4,350,000
Beds
0 Baths
684 SqFt
2.4 Acres
$4,350,000
330 TAMIAMI TRAIL N
NOKOMIS, FL, 34275
Located approximately 2 miles from Gulf of Mexico beaches Addy’s Villas is a prospering vacation rental business.

Nokomis is a charming coastal community situated on the Gulf of Mexico, offering easy access to beautiful beaches, boating opportunities, and a variety of restaurants.

For those interested in boating, Nokomis offers access to the Intracoastal Waterway, allowing visitors to explore the picturesque water channels, go fishing, or embark on boating excursions. The nearby Dona Bay and Roberts Bay also provide excellent opportunities for kayaking and paddleboarding.

Many use options including: commercial, mixed use, office, multi-family, storage, vehicle/RV condos, and current use as vacation rentals with ability to expand number of units.

Trip Advisor ratings are 5.0 with many reviews. Strong positive reviews on other websites too.

Local area includes a wide variety of restaurants, Venice Island shopping, golf courses, boating opportunities, fishing, 2 state parks, The Legacy Trail for hiking and biking, Venice Little Theatre, plus much more.

Property includes:

10 Villas, 2 Cottages, 1 Studio, 3 Efficiencies, workshop and 4 Bedroom 2.5 Bath owner’s quarters.

Amenities include:

Heated swimming pool, picnic/grilling area, laundry (free to guests), free wi-fi, cable tv, and free parking. Efficiencies have kitchenettes and all other accommodations have full kitchens, ideal for vacation rental/ air bnb marketplace.

Property is being sold at a capitalization rate of 6 with the owners 2,026 square foot, 4 bedroom, 2.5 bathroom, 2 stall garage home not currently being rented (not included in cap rate). One unit is rented annually at a below market rate; the on-site manager unit is not being rented. There are strong 2023 advance bookings!

The property also has a potential to be modified to include additional units as per the Nokomis Revitalization Plan.

Units are licensed as hotel/motel and as condominiums, so selling units individually is also an option.

Huge growth in area, repeat clientele, great upside potential and diverse operational opportunities. Property is located outside of the 500 year flood zone. See property website for additional photos and information.

We have a full team of professionals familiar with the property and willing to discuss option and modification possibilities. Owner financing at below market rate possible with 1/3 down.

Property Details

Price:
$4,350,000
MLS #:
A4563540
Status:
Active
Beds:
0
Baths:
0
Address:
330 TAMIAMI TRAIL N
Type:
Commercial
Subtype:
Hotel/Motel
Subdivision:
ADDYS NOKOMIS VILLAS
City:
NOKOMIS
Listed Date:
Mar 11, 2023
State:
FL
Finished Sq Ft:
684
ZIP:
34275
Lot Size:
104,475 sqft / 2.40 acres (approx)
Year Built:
1953

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Block
Other Structures
Garage(s), Storage
Parking Features
1 to 5 Spaces
Roof
Shingle

Financial

Buyer Agent Compensation
2%%
Tax Year
2022
Taxes
$20,569
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330 TAMIAMI TRAIL N
NOKOMIS, FL