Milano Villa in Gated
317 ACERNO DRIVE Nokomis, FL 34275
317 ACERNO DRIVE, Nokomis, FL, 34275
$355,000
Pending
For Sale
$355,000
Pending
Two-bedroom villa with pond views, modern amenities, and community features.
Property Size1,523 SF
Lot Size0.12 Acres
Days on Market644
Property Features for 317 ACERNO DRIVE
General Information
- Standard status
- Pending
- Size
- 1,523 SF
- Lot size
- 0.12 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2016
Listing agency
MICHAEL SAUNDERS & COMPANY
(941) 773-1273
Listed by
Karin Watt · License #3558438
(941) 773-1273
Source
Exitrealty
Added: Oct 16, 2024 Updated: Jul 6 at 12:34PM Checked: Jul 21 at 6:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MICHAEL SAUNDERS & COMPANY
Investment Insights
Based on property information with market context.
Located in a gated community, this villa features two bedrooms, two bathrooms, and a dedicated office space. The property offers views of a pond and is surrounded by landscaping. The Tidewater villa includes a fully equipped kitchen with stainless-steel appliances and a laundry room with built-in cabinetry. Upgrades include a water softener system, a new water heater, and plantation shutters. Residents benefit from maintenance-free living and access to community amenities such as bocce and pickleball courts, a community pool, and social events. The property is situated close to the beach, restaurants, and shopping. The property size is 1523 square feet.
Key Highlights
- Maintenance‑free living is yours in this villa.
- Enjoy the gated community with amenities like bocce, pickleball, a community pool, and social events.
- Peaceful cul‑de‑sac location with serene pond views.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $18.48 |
| − Vacancy | −$2.9k | −$1.92 |
| EGI | $25.2k | $16.56 |
| − OpEx | −$11.3k | −$7.45 |
| NOI | $13.9k | $9.11 |
1,523 SF · lease $18.48/SF/yr · vacancy 10.40% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$198.1K
$173.4K – $231.2K
NOI $13,870 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.8K
$378.7K – $505.0K
NOI $30,299 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Two-bedroom villa with pond views, modern amenities, and community features.
Where is this residential income property located?
The property is located at 317 ACERNO DRIVE Nokomis, FL.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Maintenance‑free living is yours in this villa.; Enjoy the gated community with amenities like bocce, pickleball, a community pool, and social events.; Peaceful cul‑de‑sac location with serene pond views.
