601 Shore Rd Nokomis, FL 34275
This exceptional investment opportunity presents a portfolio of five rental units in Nokomis, Florida, totaling 3,961 square feet across three buildings situated on a 0.93-acre lot. The property, zoned RMF1, includes two duplexes and one single-family home, offering a diverse mix of rental options. The units range in size from a cozy 1-bedroom, 1-bathroom to larger 3-bedroom, 3-bathroom configurations, currently generating a substantial net operating income (NOI) of $122,231, representing a 5.82% cap rate. The asking price is $2,100,000, or $420,000 per unit. Built between 1945 and 1990, the property features an on-site shared pool (currently shared with an adjacent property) and an off-street parking lot. Conveniently located near Nokomis Public Beach (2-5 minute drive), north of Albee Rd and west of the Trail, this property benefits from a prime location. The property is actively listed on Airbnb and the owner's website, providing a streamlined booking process. One vacant lot (11,200 sq ft) offers potential for future development. Detailed financial information is available upon request with a signed NDA. This is a turnkey investment ready for immediate income generation. Schedule a showing to explore this lucrative opportunity.
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The Shore Beach Houses Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.