116 Margaret Drive, Nokomis, FL 34275

$340,000
3
BD
2
BA
1,450
SqFt
Sold Price
$340,000
List Price
$350,000
Status
Sold
Days on Market
3
Closing Date
Jun 08, 2023
MLS#
A4571606
Property Style
Single Family
Year Built
1965
Bedrooms
3
Bathrooms
2
Living Area
1,450
Lot Size
15,000
Acres
0.34
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Laurel Villa
Community Name
Laurel Villa
MLS Area Major
Nokomis/North Venice

Property Description

You've been waiting for this remarkably rare reasonably priced 3/2 Canal property. The canal leads straight out to the Intracoastal and then gulf access! This property needs work as well as a dock. This gives you the wonderful challenge and opportunity to make it the way you want it. Consider this your blank canvas to make it one of the nicest properties on the street. Property is located close to Pineview School, 681 and 41 or I75. The junction closest to the property has a gas station known to have the least expensive gas in the entire Sarasota area. The Nokomis public beach is just 5 minutes away. (1.7 miles). So bike or hike to the beach and next to it enjoy waterfront dining. It is home to Pops Sunset Grill, Pelican Alley, and 5 more actual water front dining areas unlike Sarasota! The property has sustained a leaking pipe between the bathroom and the kitchen. Seller believes there may be mold however we also believe that whoever buys this property is either going to demolish the property and start anew or totally gut the property and problem solved! The roof itself remained free of any damage due to Hurricane Ian and is water tight. The floor plan has an addition that is presented here as owner's suite however based on entry and size could also become a nice in law suite for an AirBnB or whatever works for you. The laundry is in the larger bathroom and it can be reconfigured to be a huge owner's bathroom or small kitchenette and bath. The possibilities are endless here...but the only known fact is they are not making more water front property like this in this specific location!

Additional Information

Taxes
$3773
Minimum Lease
1-7 Days
Community Features
No Deed Restriction
Property Description
One Story
Zoning
RSF1
Interior Layout
Built-in Features, Ceiling Fans(s), Open Floorplan
Interior Features
Built-in Features, Ceiling Fans(s), Open Floorplan
Floor
Tile, Wood
Appliances
Dishwasher, Electric Water Heater, Range, Refrigerator
Utilities
Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Stucco
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
2 Car Carport
Garage Features
Boat, Driveway
Elementary School
Laurel Nokomis Elementary
Middle School
Laurel Nokomis Middle
High School
Venice Senior High
Fences
Chain Link
Water Extras
Dock - Wood
Water View
Canal
Water Access
Canal - Brackish
Water Frontage
Canal - Brackish
Flood Zone Code
AE
Parcel ID
0165050024
Legal Description
LOT 8 BLK C LAUREL VILLA OR 2109/1020 PR DEED

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of BAY VISION REALTY INC. Selling Office: FINE PROPERTIES.

StellarMLS is the source of this information via Internet Data Exchange Program. 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 consumer 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 on