The Nokomis Hideaway

100 Charles Dr, Nokomis, FL 34275
$697,000 Price
$348,500 Price Per Unit
5.28% Cap Rate
2 Number of Units
2,248 Rentable SF
12,988 Land SF

Dreznin Pappas Commercial Real Estate, LLC

Investment Highlights

  • Discover the Nokomis Hideaway, a lucrative investment opportunity boasting block construction for durability and peace of mind.
  • Each of the spacious two-bedroom, two-bathroom units within this 2000-built property spans 1,124 rentable square feet, offering a steady long-term return on investment and ample space for tenants to thrive.
  • Unleash the full potential of this property by exploring the option of transitioning from annual rentals to lucrative vacation rentals. Don't miss out on the opportunity to maximize your ROI and elevate your real estate portfolio with this versatile gem!
  • Dive into the future of real estate investment with this meticulously maintained 21st-century property at 100 Charles Dr. Every inch of this multi-family gem exudes quality and care, boasting top shelf upgrades in roofing, HVAC systems, electrical wiring, plumbing, appliances and interior renovations with a high level of care that the current ownership upholds.
  • Experience the peace of mind that comes with knowing that this property is not just a building—it's an investment in excellence. Ownership's responsibilities with this investments operating expenses are minimal and include landscaping, maintaining the A/C units, septic maintenance and other very minimal costs.

Location summary

  • The location is prime! It is located west of the trail in Nokomis, Florida. It is on a sheltered side access road just a few blocks from Blackburn Bay or Lyons Bay. It rests nestled in the middle of quaint locals and new remodeled and custom built million dollar homes.
  • Located just minutes from Nokomis Beach—Sarasota County’s oldest public beach—residents and guests can enjoy postcard-perfect sunsets, pier fishing, kayaking, and calm, turquoise waters on nearby Casey Key. North Jetty Beach is another local favorite, known for its shelling, swimming, and access to both the Gulf of Mexico and the Intracoastal Waterway.
  • The property is located with an ease of access to Publix, Aldi, Starbucks, Paradise Grill, Island Fin, Bella Rimini and personal favorite The Breakfast cottage.
  • Outdoor enthusiasts will love being near the Legacy Trail, a scenic 10-mile bike path connecting local communities, and Oscar Scherer State Park, where camping, glamping, hiking, and wildlife watching are everyday activities.
  • The Nokomis lifestyle includes casual dining, live music, and fresh seafood at beloved local spots like Pop’s Sunset Grill, Captain Eddie’s Seafood, and Nokomo’s Sunset Hut. Just a few minutes away, Historic Downtown Venice offers even more dining options, charming boutiques, art galleries, and family-friendly attractions. Fans of landscape photography will appreciate the nearby Clyde Butcher Gallery in Venice, where Florida’s natural beauty is showcased.

Location & Neighborhood

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