INVESTOR ALERT! 10% CAP RATE ON THIS 3 BEDROOM, 2 BATH RENOVATED DUPLEX! TENANTS IN PLACE-SO JUST REAP THE REWARDS! Gem of an investment property or single family residence with an attached mother-in-law suite and desirably located within 5 minutes from Nokomis Beach, great shopping and dining. With Donna Bay, Roberts Bay and the well established and family friendly Nokomis Community Center all within minutes, there is something to do for everyone at no additional cost. The one bedroom unit was totally upgraded in 2014 with all new kitchen cabinets and top grade appliances. Bathroom has a new shower, vanity, toilet and fixtures. The bedroom and living room feature all new high end 30 year laminate flooring while the kitchen and bathroom have tile for long term easy maintenance. The two bedroom unit was totally upgraded in 2013 with all new kitchen, bathroom and flooring as well. This unit also features a large sun room. Large laundry room and storage off the carport can serve as common for both units and the attached storage room in the back of the property has the space to fit all property maintenance equipment and serve as a workshop at the same time. The units have separate electrical services and common city water. The large lot is well shaded to keep utility bills down. So go ahead and make your move toward living with little out of pocket while building great equity!
Sold for $270,000 on 04/16/25
$270,000
237 Colonia Ln, Nokomis, FL 34275
3beds
1,570sqft
MultiFamily
Built in 1964
-- sqft lot
$256,900 Zestimate®
$172/sqft
$1,552 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump, Electric
Cooling
- Central
Appliances
- Included: Refrigerator
Features
- Flooring: Tile, Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 1,570 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Off-street
Features
- Exterior features: Stucco, Cement / Concrete
- Has view: Yes
- View description: City
Lot
- Size: 6,856 sqft
Details
- Parcel number: 0405120043
Construction
Type & style
- Home type: MultiFamily
Materials
- masonry
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Nokomis
Other
Other facts
- Dogs OK,Size Limit,Very Small (Under 15 Lbs.)
- Electric Water Heater
- Garbage included in rent
- Heating: Electric
- MLS Listing ID: N6128295
- MLS Name: Stellar MLS
- MLS Organization Unique Identifier: M00000146
- Open Floorplan
- Pets - Dogs OK,Size Limit,Very Small (Under 15 Lbs.)
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Estimated market value
$256,900