$849,000
210 Albee Road W Nokomis, FL 34275
For Sale MLS# A4673788
8 baths 4,608 sq ft Multi-family
Details for 210 Albee Road W
MLS# A4673788
Description for 210 Albee Road W, Nokomis, FL, 34275
This rare coastal multifamily opportunity offers strong value-add potential in the highly sought-after Nokomis–Venice corridor, just off U.S. 41 (Tamiami Trail)—one of the region’s busiest commercial and residential corridors. The property currently consists of four units across two concrete-block buildings on a 14,130 sq. ft. lot, with flexible RMF-3 zoning that allows for expansion to a total of six units. Existing layouts include a mix of two 2BD/2BA and two 3BD/2BA units, with the potential to create four 1 BD/1BA units through strategic renovation or redevelopment. Recent capital improvements—new roofs, multiple AC systems, renovated kitchens, and full connection to public water and sewer (2022)—significantly reduce near-term expenses and position the property for immediate income growth. Current rents are approximately $200 below market, and occupancy stands at 50%, offering substantial upside. Durable concrete-block construction, in-unit laundry, patios/balconies, and central AC enhance long-term tenant appeal. The property’s prime location delivers high visibility and convenient access to Nokomis Beach, Venice Island, I-75, and major Sarasota employment centers, drawing a broad and steady renter base. Importantly, only one of the two buildings has been fully renovated, leaving additional value-add potential through upgrades to the second building—as well as the ability to increase density under existing zoning. This investment represents a rare chance to acquire a coastal multifamily asset in a supply-constrained, high-demand rental market, with both near-term income upside and long-term appreciation potential—plus the unique opportunity to expand from four units to six.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bathrooms: 8
Lot Size: 0.32 Acres
Square Feet: 4,608 sq ft
Year Built: 1972
Construction: Concrete
Subdivision: Nokomis
Foundation: Slab
Number Of Units Total: 4
County: Sarasota
School Information
Elementary: Laurel Nokomis Elementary
High: Venice Senior High
Additonal Room Information
Laundry: Inside
Interior Features
Additional Interior Features: Solid Surface Counters
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Connected,Electricity Connected
Cooling: Central Air
Heating: Central
Exterior / Lot Features
Roof: Shingle
Additional Exterior/Lot Features: Lighting
Community Features
Community Features: Sidewalks
Unit Information
Unit 1 Units Total: 2
Unit 1 Baths Total: 2
Unit 2 Units Total: 2
Unit 2 Actual Rent: 1700
Unit 2 Baths Total: 2
Driving Directions
US 41 south, turn right onto Albee Farm Rd, property will be on the right hand side of the road.
Financial Considerations
Tax/Property ID: 0171100011
Tax Amount: 8750.9
Tax Year: 2024
A broker reciprocity listing courtesy: HARRY ROBBINS ASSOC INC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 210 Albee Road W
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 210 Albee Road W
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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