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1746 S Tamiami Trail

Venice, FL 34293
  • $1,150,000
  • STATUS: Active
  • ON SITE: 61 days
  • MLS #: N6114834
UPDATED: 71 min ago
$1,150,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Description

Income generating property perfect for redevelopment. 9 Unit Apartment Complex in high visibility Venice location on US41 directly across from Lowe's and Carrabba's. Tommy's Car Wash and Jimmy John's currently under construction 1 lot away. Zoned Commercial General with a possible higher and better use, ready for buyers vision. Currently grandfathered in as legal apartments. Property is just under 1/2 acre (19,000 Sq Ft) with 100 Ft of highway frontage. Main house plus 2 buildings with 4 apartments each. Units are fully occupied with monthly gross rent of $7,400. Main house is 1Br/1Ba with a full kitchen. The 8 apartments are efficiencies and do not have full kitchens. Currently on well and septic with water and sewer connections nearby. All 3 buildings are in need of TLC, but solidly constructed. Snowbirds might consider rehabbing the main house for themselves as a winter retreat and turning the 8 units into bungalows for their friends. Property is not in a flood zone.

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-14T21:39:47.427.
www.searchsarasotahomes.com/homes/116073187
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1746 S Tamiami Trail Venice, FL 34293

  • Price: $1,150,000
  • Status: Active
  • Updated: 71 min ago
  • MLS #: N6114834
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1956
Built
Neighborhood:
Venice
County:
Sarasota
Area:
Venice
Property Description
Income generating property perfect for redevelopment. 9 Unit Apartment Complex in high visibility Venice location on US41 directly across from Lowe's and Carrabba's. Tommy's Car Wash and Jimmy John's currently under construction 1 lot away. Zoned Commercial General with a possible higher and better use, ready for buyers vision. Currently grandfathered in as legal apartments. Property is just under 1/2 acre (19,000 Sq Ft) with 100 Ft of highway frontage. Main house plus 2 buildings with 4 apartments each. Units are fully occupied with monthly gross rent of $7,400. Main house is 1Br/1Ba with a full kitchen. The 8 apartments are efficiencies and do not have full kitchens. Currently on well and septic with water and sewer connections nearby. All 3 buildings are in need of TLC, but solidly constructed. Snowbirds might consider rehabbing the main house for themselves as a winter retreat and turning the 8 units into bungalows for their friends. Property is not in a flood zone.
Exterior Features

Adjoining Property Commercial Construction Materials Block Foundation Details Slab Front Footage 100 Lot Features Central Business District Lot Size Dimensions 100 X 190 Roof Built-UpOther Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Wall/Window Unit(S) Sewer Septic Tank Water Source Well

Property Features

Additional Parcels Yn No Complex Development Name Sun Glo Apartments Flood Zone Code X Listing Terms CashConventional New Construction Yn No Property Sub Type Mixed Use Realtor Info Currently LeasedList Agent is Related To OwnerSurvey Available Special Listing Conditions None Tax Annual Amount 6918.00 Tax Year 2020 Total Num Buildings 3 Utilities Sewer NearbyWater Nearby Zoning Cg


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Florida Sun & Sand Realty.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-14T21:39:47.427.
 
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