New Listing - 12/08/2025
210 ALBEE ROAD W, Nokomis, FL, 34275
0 beds
1972
4,608 sqft
This rare six-unit multifamily property offers a compelling value-add investment in the highly sought-after Nokomis–Venice corridor, just off U.S. 41 (Tamiami Trail)—one of the region’s busiest commercial and residential corridors. The property includes two concrete-block buildings on a 14,130 sq. ft. lot, featuring two 2BD/2BA units, two 2BD/1BA units, and two studios under flexible RMF-3 zoning. Recent capital improvements—new roofs, multiple AC systems, renovated kitchens, and connection to public water and sewer (2022)—minimize near-term expenses and position the property for immediate income growth. Current rents are approximately $200 below market, with occupancy at 33%, offering significant upside potential. Durable construction with in-unit laundry, patios/balconies, and central AC ensures long-term tenant appeal. The property’s prime location delivers high visibility and convenient access to Nokomis Beach, Venice Island, I-75, and major Sarasota employment centers, attracting a broad rental audience. Notably, only one of the two buildings has been fully renovated, leaving additional upside through renovations in the second building. This investment represents a rare coastal multifamily opportunity in a supply-constrained, high-demand market, providing both near-term income upside and long-term appreciation potential.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside
Units:
6
Subdivision:
NOKOMIS
Heating:
Central
Cooling:
Central Air
Acreage:
0.32
Est. Taxes:
$8,751
Construction
Concrete
Utilities
Cable Connected, Electricity Connected
Elementary School:
Laurel Nokomis Elementary
High School:
Venice Senior High
Days on Market:
1
Min Lease Term:
1 Month
MLS #:
A4673788
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of HARRY ROBBINS ASSOC INC 941-924-8346