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605 Osceola Rd
Nokomis, FL 34275 Venice/Englewood

$2,997,000 USD

Apartments For Sale  •  14,411 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,411 SF
  • Lot Size 1.65 AC
  • Building Class C
  • Year Built 1979
  • Zoning RMF-1
0 Transit Score
33 Walk Score

Highlights

Assumable Financing at 5.19% Interest Rate w/ Interest-Only Payments Through Sept 2027. Fixed Rate at 5.19% to 2032 (30-yr Amortization after I/O)
Rare Opportunity to Assume Loan Near a 75% LTV at at Below Market Rate | +10% Cash-on-Cash Return at List Price
NON-Flood Zone | Flood Insurance NOT Required by Lender | Massive Property-Wide Capital Improvements Completed in Last 3-Years
Favorable Unit Mix | Spacious Screen-In Patios, Convertible to an Extra Bedroom or Personal Office | Masonry Construction
Utility Reimbursement Fees Paid by Nearly All Units | Recently Connected to City Water and New Septic Tanks, Lift Stations & Drain Fields
8-Mins from the New Sarasota Memorial Hospital-Venice; Largest Employer in Sarasota County (SMH) | Mins from Downtown Venice, Nokomis & Venice Beach

Property Flyers

Amenities

  • Air Conditioning
  • Courtyard
  • Picnic Area
  • Washer/Dryer Hookup
  • Grill
  • Pet Play Area
  • Trash Pickup - Door to Door
  • Walking/Biking Trails
  • Tile Floors
  • Granite Countertops
  • Stainless Steel Appliances
  • Storage Space
  • Bicycle Storage
  • Garden
  • Porch
  • Vinyl Flooring

Public Transportation

AirportDriveWalkDistance
Sarasota/Bradenton International 40 min - 22.4 mi
Punta Gorda 49 min - 38.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC
Phil Ginexi 941-444-6160 The Multifamily Firm, LLC