810 Channel Acres ROAD, Nokomis, FL, 34275 | $729,500

Discover Your Coastal Dream Three Enchanting Boho Beach Bungalows on One Property at Stunning Nokomis Beach in Sarasota County! Step into a world filled with charm and character in these beautifully designed spaces, Great for those who dream of living close to the beach. This rare gem has only had one previous owner since the '50s, offering a unique chance to own 3 units sooo close to the gulf! Unlimited Possibilities! Whether you want to: Rent out all 3 units for an income that beats any bank interest rate, Keep one for yourself and rent out the other two, Convert it into a Vacation Property, Guest Cottages, Mother-in-law suite, or even Your Own Art Studio—the choice is yours! Incredible Flexibility: Maintain it as 3 units or effortlessly transform it into a 2/2 + 1/1 layout. What other property is going to help you pay your mortgage? Key Features: Spacious Lot: Plenty of room for parking a boat or RV Workshops/Outbuildings: Ideal for hobbies or storage No HOA or CDD Restrictions: Enjoy your beach freedom without extra rules Prime Location: You're minutes away from the beach, a free boat ramp to the open gulf, restaurants, shops, the jetty, fishing spots, and so much more. Plus, there'was no flooding or storm damage here! It's move-in ready, so you could be living or earning at one of Florida's best beaches in no time. Experience the Serene Salty Dream Lifestyle—now is your chance to own a personal slice of paradise and a fantastic investment property. Embark on your beachside adventure and explore the endless potential of this extraordinary property!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 114 x 150
  • Laundry: Laundry Room
  • Style: Bungalow
  • Year Built: 1957
  • Heating: Central, Electric, Heat Recovery Unit, Other, Wall Units / Window Unit
  • Cooling: Central Air, Humidity Control, Mini-Split Unit(s), Wall/Window Unit(s)
  • Approx Sq. Feet: 1,659
  • Acreage: 0.39
  • Lot Size: 114 x 150
  • Est. Taxes: $3,897
  • Appliances: Other
  • MLS#: TB8335846
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8335846/810channelacresroad_nokomis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/15/2025 3:59:09 AM)
Listing courtesy of HOMECOIN.COM   Phone: 888-400-2513

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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810 Channel Acres ROAD, Nokomis, FL, 34275

$729,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $583,600 $583,600 $583,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.250% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.295% 7.408% 6.623%
Monthly Tax Payment $325 $325 $325
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,932 $3,981 $5,044
Total Monthly Payment $4,349 $4,398 $5,461

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.