Bayfront Multifamily Development
For Sale
$18,050,000
1645 & 1649 Bayshore Road NOKOMIS, Nokomis, FL 34275
Bayfront acreage with a 17-slip marina and existing multifamily buildings, positioned for up to 34 units.
Property SizeContact for details
Lot Size3.87 Acres
Days on Market68
Property Features for 1645 & 1649 Bayshore Road NOKOMIS
General Information
Standard status
Active
Lot size
3.87 Acres
Property subtype
Land
Zoning
RMF2
Additional Details
Highway Access
Yes
Multifamily Units
14
Taxes and HOA fees
Annual Taxes
$90,871
Amenities
Public
3.873
3.87
2
true
Asphalt,Gravel,Paved
Listing Agency:
RE/MAX Palm Realty
Listed By:
Stephen Hart · License #3368546
(941) 451-2025
Source:
Palm-realty-south-venice-fl.remax
Added: Jun 30
Changed: Sep 5
Last Checked: Aug 4 at 3:28AM
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 RE/MAX Palm Realty
Investment Insights
Based on property information with market context.
This for-sale bayfront property includes two separate lots (PID#S-0166150006 and 0166150007) totaling 3.87 acres with approximately 345 +/- feet of bay frontage. The site features a 17-slip marina and additional dockage, along with preliminary architectural renderings. The property is zoned for a total of 34 units, and the Sarasota County DRC pre-submittal application process has been completed, with surveys already prepared.
The property includes 12 buildings with 14 units. Some units need work, including roofs, though they are described as repairable. The buildings are primarily concrete block, with one building that is not described as concrete block. The bayfront setting provides panoramic views across the water toward Casey Key.
For developers and investors, the combination of bay frontage, dockage, and approved planning steps supports a waterfront residential concept with on-site marina amenities. The existing improvements may also serve as a starting point for a renovation-focused approach, or the land can be used to pursue the zoned 34-unit plan. An alternative described in the materials is building a single-family or estate-style waterfront development, including potential marina-related income through boat-slip rentals.
The property includes 12 buildings with 14 units. Some units need work, including roofs, though they are described as repairable. The buildings are primarily concrete block, with one building that is not described as concrete block. The bayfront setting provides panoramic views across the water toward Casey Key.
For developers and investors, the combination of bay frontage, dockage, and approved planning steps supports a waterfront residential concept with on-site marina amenities. The existing improvements may also serve as a starting point for a renovation-focused approach, or the land can be used to pursue the zoned 34-unit plan. An alternative described in the materials is building a single-family or estate-style waterfront development, including potential marina-related income through boat-slip rentals.
Key Highlights
- 3.87‑acre bayfront parcel made up of 2 lots (PID#S‑0166150006 and 0166150007) with 345 +/- ft of bay frontage
- Includes a 17‑slip marina plus additional dockage, with panoramic bayfront views overlooking Casey Key
- Zoned for up to 34 units, with Sarasota County DRC pre‑submittal application process completed and surveys done
Property Analytics
Property Profile
Current Use
Lease Details
14
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 34275, FL
20,570
Population
13,139
Households
1.6
Avg Household Size
63
Median Age
43%
College-Educated
97%
High-School Grad
25.7 sq mi
ZIP Area
800
Density / Sq Mi
$84,503
Median Household Income
$48,094
Median Earnings
$1,459
Median Rent
$435,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Bayfront acreage with a 17-slip marina and existing multifamily buildings, positioned for up to 34 units.
Where is this apartment building located?
The property is located at 1645 & 1649 Bayshore Road NOKOMIS Nokomis, FL.
What is the asking price?
The asking price for this property is $18,050,000.
What are key features of this property?
This property features: 3.87‑acre bayfront parcel made up of 2 lots (PID#S‑0166150006 and 0166150007) with 345 +/- ft of bay frontage; Includes a 17‑slip marina plus additional dockage, with panoramic bayfront views overlooking Casey Key; Zoned for up to 34 units, with Sarasota County DRC pre‑submittal application process completed and surveys done
