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    OFF-MARKET
    Residential income homes

    914 Mchill Rd, Nokomis, FL 34275

    2,569 SF 0.5 ac lot Built 1945
    Property ID
    US18-8259241
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of three rental units in desirable Nokomis, Florida. Comprising two buildings on a 0.496-acre lot, this property includes a duplex and a single-family home, totaling 2,569 square feet. The duplex features a 2-bedroom, 2-bathroom unit with 1,328 heated square feet, while the single-family home offers 2 bedrooms and 1 bathroom in 1,241 heated square feet. Built between 1945 and 1990, the property boasts a Class B rating and is zoned RMF1, offering potential for various uses. Currently generating a substantial net operating income (NOI) of $75,863, representing a 4.46% cap rate, this property is priced at $1,700,000 ($566,667 per unit and $661.74 per square foot). Conveniently located near Nokomis Public Beach (2-5 minute drive), the property features driveway parking and a covered carport. A shared private pool is accessible through a back gate. The property is actively listed on Airbnb and includes a website for online bookings, which is included in the sale. Detailed financial information is available upon request with a signed NDA. This is a turnkey investment ready for immediate income generation. The property is located at 914 McHill Rd, Nokomis, FL 34275.

    Property profile
    Verified
    Property type Residential income homes
    Year built 1945
    Total area 2,569 SF
    Lot 0.5 ac (21,606 SF)
    UPID US18-8259241
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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