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Presented by
Joel Fanjoy |
234/236 COLONIA LANE E, Nokomis, FL, 34275 | $360,000
Welcome to a rare investment opportunity in the heart of Nokomis, a laid-back waterfront community tucked between Sarasota and Venice on Florida’s Gulf Coast. This versatile 2-UNIT property is perfectly suited for investors, snowbirds, or those looking to live in one unit while generating rental income from the other. The property features a one-bedroom, one-bathroom unit that’s ideal for seasonal or long-term tenants, as well as a spacious two-bedroom, two-bathroom unit perfect for full-time living or rental. Each unit has its own private entrance and utilities, offering flexibility, privacy, and ease of management. A/C (2023), Water heaters (2022), Roof (2013).
Located just minutes from Nokomis Beach—Sarasota County’s oldest public beach—residents and guests can enjoy postcard-perfect sunsets, pier fishing, kayaking, and calm, turquoise waters on nearby Casey Key. North Jetty Beach is another local favorite, known for its shelling, swimming, and access to both the Gulf of Mexico and the Intracoastal Waterway. Outdoor enthusiasts will love being near the Legacy Trail, a scenic 10-mile bike path connecting local communities, and Oscar Scherer State Park, where camping, glamping, hiking, and wildlife watching are everyday activities.
The Nokomis lifestyle includes casual dining, live music, and fresh seafood at beloved local spots like Pop’s Sunset Grill, Captain Eddie’s Seafood, and Nokomo’s Sunset Hut. Just a few minutes away, Historic Downtown Venice offers even more dining options, charming boutiques, art galleries, and family-friendly attractions. Fans of landscape photography will appreciate the nearby Clyde Butcher Gallery in Venice, where Florida’s natural beauty is showcased.
With strong rental demand, NO HOA RESTRICTIONS, and an unbeatable location close to beaches, parks, and popular coastal attractions, this two-unit property offers an excellent opportunity to own a slice of Old Florida charm while building passive income. Whether you choose to rent both units or live in one and lease the other, the potential here is as bright as a Gulf Coast sunset.
Features
- Bedrooms: 3
- Units: 2
- Laundry: None
- Year Built: 1947
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,449
- Acreage: 0.13
- Est. Taxes: $4,172
- Elem. School: Laurel Nokomis Elementary
- Middle School: Laurel Nokomis Middle
- High School: Venice Senior High
- Pet Policy: Yes
- Lease Terms: 12 Months
- MLS#: A4668120
- Days on Market: 170 days
- Website: https://www.raveis.com
/prop/A4668120/234236colonialanee_nokomis_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Joel FanjoyRegional SVP Insurance Sales
617.320.5687
Joel.Fanjoy@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1500191
617.281.4872
Kate.Rockett@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
234/236 COLONIA LANE E, Nokomis, FL, 34275
$360,000
Joel Fanjoy
Regional SVP Insurance Sales
William Raveis Real Estate
Phone: 617.320.5687
Joel.Fanjoy@raveis.com
Kate Rockett
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $288,000 | $288,000 | $288,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $348 | $348 | $348 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,773 | $1,818 | $2,392 |
| Total Monthly Payment | $2,196 | $2,241 | $2,815 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388