3616 Casey Key Rd, Nokomis, FL 34275

$3,500,000 After Repair Value -
$3,000,000 Asking Price -
$0 Cost of Repairs =
$500,000 Potential Profit

Property Details

Asking Price $3,000,000

After Repair Value $3,500,000

Costs of Repairs $0

Potential Profit $500,000

Living Area 7326 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 4

Half Bathrooms N/A

Parking 3

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $3,000

Yearly Expenses $0

Property Taxes $0

Net Operating Income $0

Cap Rate N/A

Property Description

Fully furnished, Move In Ready, Nothing to do! (we will even stock the Bar!) So many options!- This Home and Island could make a large business entity a wonderful asset. Using it to entertain clients - this likely would be a complete business tax write-off. -Also perfect for a Vacation Rental Property... Easily rent at 3k-4k per week, 300-400 per night or 8-12k per month-Iconic Large Ocean Front Hurricane Rated Impact Windows provide an amazing view of the Blue Gulf of Mexico waters and amazing sunrises/sunsets!Two story home with One of a Kind, Hand Crafted circular wrought iron staircase features include: >Interior Sprinkler System.>Five Bedrooms consisting of two private suites.>Large entertainment Center ? or - Office Space>Huge Storage Spaces (approx 1000 sq. ft.)>Three Car garages. (expandable to a Fourth)>7,326 sq. ft. of usable space ? 6,126 sq. ft. under air/heat.>Boat Dock on the Inter-coastal Waterway behind the home.>Sits on approx. 21,000 sq. ft. Lot beautifully landscaped w/Tropical Palms, Plants& nearly 7000 sq. ft. Zosia grass.>Plus 6000 sq. ft. of grassy (unobstructed land) leading to the beach - 50 feet from the home (that can never be built on)Casey Key Is a Unique Small Island? - ½ mile to the mainland ? accessed by two bridges- -- less than a mile to Great Golf Clubs ? Wonderful Restaurants ? and Fine ShoppingThis seven-mile-long narrow island is home to many celebrities and captains of industry.Located 12 miles to downtown Sarasota and 6 miles to downtown Venice, fl.With all the Amenities, you would think only of bigger cities! Museum -Fine Art ? Opera ? live theater and major league sports. *Casey Key has some of the highest land values on Florida\'s West Coast*


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