116 1ST AVE, NOKOMIS, FL 34275

$275,000

Pending · 22 days on market · MLS# MFRA4685834

Bedrooms2
Bathrooms2
Living area1,341 sq ft
Lot size0.26 acres
Year built1982
Property typeSingle Family Residence
Garage spaces2
Private poolYes
WaterfrontYes
Annual taxes$3,727
CountySarasota

About this home

Under contract-accepting backup offers. INVESTORS—don’t miss this OPPORTUNITY. Being sold AS IS, this property sits on a ¼-acre lot with NO HOA in a highly desirable location just minutes to Nokomis Beach. With RV storage and a large, private oversized yard, this is a prime candidate for strong rental returns or a profitable value-add project. Major systems already updated, including a NEW TILE ROOF (2021), NEW HVAC (2025), NEW WATER HEATER, and RE-PIPED (2026)—minimizing upfront capital and allowing you to move straight into execution. Ideal for fix-and-flip, long-term hold, or short-term rental strategy. No HOA restrictions provide flexibility that’s increasingly hard to find in this market. Opportunities with this combination of land, location, and major updates are limited—act now before it’s gone.

Listing courtesy of Debra Forkan, COLDWELL BANKER REALTY. Presented by MC Homes Realty Inc · 727432218.

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