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!
Property Details
Property Features
Property Information:
Year Built: 1968
Living Area: 10,359 SqFt
Listing Office:
Office Name: KELLER WILLIAMS ON THE WATER S
Office Phone: (941) 803-7522
Listing Agent: Andrew Martell
Interior Features
Interior Information:
Interior: Ceiling Fans(s), Thermostat
Bedroom and Bathroom Information:
Total Bedroom Count: 21
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Bay, Intracoastal Waterway
Exterior: Fence, Private Mailbox
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 3.87 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Venice High School, Public District Grades 9-12
Laurel Nokomis School, Public District Grades PK-8
Other
Directions Information:
Directions: Heading on Bayshore Rd. From North, property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $18,000,000
Price Per SqFt: $1,738/SqFt
Tax Information:
Annual Amount: $13,457
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Nokomis, FL.
This property is $17.4M more than the Median Sold Price and $1.4K/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: #A4604000
Listing Office:
Office Name: KELLER WILLIAMS ON THE WATER S
Office Phone: (941) 803-7522
Listing Agent: Andrew Martell
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.
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.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 4/27/2024, 11:49:14 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
DATE
EVENT
PRICE
Aug 03, 2021
Aug 03, 2021Home Sold
$3,500,000
May 17, 2006
May 17, 2006Home Sold
$4,200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$13,457
$997,664
2019
$12,943
$975,234
2018
$12,587
$957,050
2017
$12,545
$937,365
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$89.9K
Per Month
Principal & Interest
$89.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$54K
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.
Elementary School
8
/10
Laurel Nokomis School
1900 Laurel Rd E
Distance between this listing and this school2.83 miles
Public District Grades PK-8
High School
6
/10
Venice High School
1 Indian Ave
Distance between this listing and this school4.07 miles
Public District Grades 9-12
Assigned Schools
8
/10
Laurel Nokomis School
1900 Laurel Rd E
Distance between this listing and this school2.83 miles
Public District Grades PK-8
Nearby Schools
9
/10
Venice Elementary School
150 Miami Ave E
Distance between this listing and this school3.83 miles
Public District Grades PK-5
8
/10
Garden Elementary School
700 Center Rd
Distance between this listing and this school6.43 miles
Public District Grades PK-5
Nearby Schools
6
/10
Island Village Montessori School
2001 Pinebrook Rd
Distance between this listing and this school3.60 miles
Public Charter Grades KG-8
8
/10
Student Leadership Academy
200 Field Ave E
Distance between this listing and this school4.86 miles
Public Charter Grades 6-8
3
/10
Sky Academy
701 Center Rd
Distance between this listing and this school6.31 miles
Public Charter Grades 6-9
Assigned Schools
6
/10
Venice High School
1 Indian Ave
Distance between this listing and this school4.07 miles
Public District Grades 9-12
Nearby Schools
8
/10
Suncoast Polytechnical High School
4650 Beneva Rd
Distance between this listing and this school9.78 miles
Public Magnet Grades 9-12
6
/10
Riverview High School
1 Ram Way
Distance between this listing and this school9.80 miles
The neighbors living near this home have an average income of $62,500. The most common annual income of people living in Nokomis, FL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1645 Bayshore Rd in Nokomis, FL and zip code 34275. This 10,359 square foot home, which was built in 1968, sits on a 3.87 acre lot. Features: 21 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $18,000,000.
While more than 1 listings in Nokomis, FL in March 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 48 were sold below. In March 2024 in Nokomis, FL there were 8.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 48 days, the median list price was $569,016.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Hiking/backpacking
Hiking/backpacking
PGA/LPGA
Symphony or Opera
Nordstrom Rack
Stein Mart
Chico's
Chipotle
Bonefish Grill
Bob Evans
Mazda
Lincoln
Cadillac
Rock
Classical
News/Talk/Information