Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Nokomis Duplex: Investment or Multi-Generational Title is generated by Realmo AI

    901 PADUA COURT, Nokomis, FL 34275

    View on Map
    Claim this Listing
    For Sale
    $399,999

    Duplex - NOKOMIS, FL

    Type:Duplex
    Property size:
    1,216 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $328/SF
    Added:
    May 9, 2025
    Days on Market:
    367
    Last Refresh:
    May 10 at 12:06 pm

    Property Features for 901 PADUA COURT

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    RC
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Carport, Driveway
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    0384100091
    Size
    1,216 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1520

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1957
    Number of units
    2
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Yisbel Bera Damiron
    Yisbel Bera Damiron

    Listing agent Yisbel Bera Damiron License #3458334

    Listing office EXP REALTY LLC 10752 Deerwood Park Blvd., Suite 100, Jacksonville, FL

    Listing date May 9, 2025

    MLS# O6307739 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Minutes from beach, shopping, and dining.
    • Suitable for investors or multi‑generational living.
    • Multiple cooling units including Multi Units, Wall/Window Unit(s), Window Unit(s).
    • Carport and driveway parking.
    • Ductless heating.
    • Metal roof.

    Overview

    This well-maintained duplex in Nokomis, Florida, is suitable for investors or multi-generational living. Each unit provides comfort and privacy in a convenient location. The property is situated minutes from the beach, shopping, and dining. The lot size is 0.23 acres. The property, zoned RC, has a size of 1216 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nokomis
    County
    Sarasota
    State
    Florida
    Longitude
    -82.441419
    Latitude
    27.1253

    Nearby Similar for Sale

    • $850,000

      NOKOMIS Restaurant and Event Venue

      Turnkey restaurant and event venue with dual liquor licenses.
      N TAMIAMI TRAIL, NOKOMIS, FL 34275
      View Details
    • $550,000

      Established Restaurant on Tamiami Trail

      Turn-key restaurant with full liquor license and high visibility.
      N TAMIAMI TRAIL, NOKOMIS, FL 34275
      View Details
    • $585,000
      1,952 SF

      Turn-Key Duplex with Pool

      Furnished duplex in Nokomis with pool, bunk-house, and garages.
      11 1ST STREET E, NOKOMIS, FL 34275
      View Details
    • $1,100,000
      16,000 SF

      Nokomis Restaurant and Entertainment Venue

      Turnkey restaurant and entertainment venue with dual liquor licenses.
      N TAMIAMI TRAIL, NOKOMIS, FL 34275
      View Details
    • $1,350,000
      2,143 SF

      Prime Nokomis Mixed-Use Corner Lot

      Commercial property in a prime location with versatile space.
      101 S TAMIAMI TRAIL S, NOKOMIS, FL 34275
      View Details
    • $599,000

      Unique Live-Work Condo For Sale

      Penthouse-style condo with flexible residential/commercial zoning and water views.
      516 TAMIAMI Trl S 102, Nokomis, FL 34275
      View Details
    • $4,195,000
      2,990 SF

      Beachfront Quadruplex Investment Opportunity

      Income-producing beachfront property on Casey Key, zoned for motel/hotel.
      217 CASEY KEY ROAD, NOKOMIS, FL 34275
      View Details
    • $18,050,000

      Bayfront Land with Private Marina

      Undeveloped intercoastal property with marina, zoned for multifamily development.
      1645 & 1649 BAYSHORE ROAD, NOKOMIS, FL 34275
      View Details
    • $749,999

      Spacious Warehouse Oasis For Sale

      Expansive warehouse perfect for hobbies, car enthusiasts, or entertainment.
      1090 KNIGHTS TRAIL Rd 10, Nokomis, FL 34275
      View Details
    • $370,000

      Nokomis Two-Unit Investment Opportunity

      Versatile two-unit property near beaches and coastal attractions.
      234/236 COLONIA LANE E, NOKOMIS, FL 34275
      View Details
    • $749,999
      1,725 SF

      Spacious Warehouse Oasis

      Versatile warehouse perfect for enthusiasts, hobbies, and entertainment.
      1090 KNIGHTS TRAIL ROAD #10, NOKOMIS, FL 34275
      View Details
    • $949,000
      2,316 SF

      Nokomis Beach Area Turnkey Duplex

      Turnkey duplex near Nokomis Beach with strong investment potential.
      401-403 SHORE ROAD, NOKOMIS, FL 34275
      View Details

    FAQs

    What type of property is this?
    Duplex - Spacious duplex in Nokomis, ideal for investors or multi-generational living.
    Where is this duplex located?
    The property is located at 901 PADUA COURT Nokomis, FL.
    What is the asking price?
    The asking price for this property is $399,999.
    What are key features of this property?
    This property features: Minutes from beach, shopping, and dining.; Suitable for investors or multi‑generational living.; Multiple cooling units including Multi Units, Wall/Window Unit(s), Window Unit(s).
    (239) 265-5102
    We can help!
    Listing Contact
    Yisbel Bera Damiron
    Yisbel Bera Damiron
    Real Estate License ID: 3458334
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    901 PADUA COURT, NOKOMIS, FL 34275
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!