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    Mixed-use properties

    516 Tamiami Trl S 102, Nokomis, FL 34275

    2,495 SF Built 2008
    Trust Owned 1-yr Hold
    Property ID
    US18-7744510
    Property summary
    AI-generated overview

    This exceptional 2,495 square foot mixed-use condo in Nokomis, Florida, presents a unique live-work opportunity. Located at 516 Tamiami Trail S, Unit 102, this penthouse-style unit boasts a beautifully finished interior with an open floor plan and luxury vinyl flooring throughout. The kitchen features wood cabinets with pull-outs and granite countertops, complemented by undercabinet lighting. The main bathroom includes a large walk-in shower, dual sinks, and a toilet with a bidet. The unit offers one to two bedrooms and one and a half bathrooms. Currently configured with a separate office area (potentially a second bedroom) featuring its own kitchenette and bathroom, this space is ideal for a home-based business. Zoned for residential and commercial use, this eliminates the commute. Enjoy stunning views of Shakett Creek. The building amenities include elevators, a heated pool and spa, an exercise room, and a conference room. Two assigned parking spaces are provided, with access to an additional seven spaces. Pet-friendly, allowing up to two pets of any size. This unit has the potential to be combined with the downstairs unit (same zoning) to create a total of 4,990 square feet. A tankless water heater ensures efficient energy use. This is a truly remarkable opportunity to own a versatile and well-appointed waterfront property.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 2008
    Total area 2,495 SF
    UPID US18-7744510
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Harbor Villas at Dona Bay Condominium Complex
    • Full Impact Marketing Services Advertising Agency Marketing & Advertising
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Nes Trust Investment LLC · 1 yrs held
    Nes Trust Investment LLC
    since 2024
    4 recorded transactions
    2025
    2024
    $489,700
    2021
    $665,000
    2019
    $205,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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