210 ALBEE ROAD W, Nokomis, FL 34275

• 8 baths |
• 4,608 sqft

Property Description

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, potential 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 Status:

Active

Date Added:

December 8, 2025

Data Last Updated:

February 10, 2026 at 11:24PM

Listing Office:

HARRY ROBBINS ASSOC INC : 941-924-8346

Listing Agent:

Marlin Yoder : 941-893-7406

MLS ID:

A4673788

Interior

• General: Solid Surface CountersThermostat
• Laundry: Inside
• A/C: Central Air
• Heating: Central

Exterior

• General: LightingSidewalk

Construction

• Roofing: Shingle
• General: ConcreteSlab

Location

• Road/Access: Paved
• Originating MLS: Stellar MLS
• County: Sarasota

Lot

• Zoning: RMF3COM AT SE COR OF SW 1/4 OF SE 1/4 OF SEC 36-38-18 TH NWLY ALG C/L OF TAMIAMI TRL 678 FT TH W 33 FT TO NW COR OF TAMIAMI TRL & ALBEE RD TH CONT W 626 FT WITH N LINE OF ALBEE RD FOR POB W 90 FT TH0171100011

Utilities

• Utilities: Cable ConnectedElectricity Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Stellar MLS
• Ownership: Fee Simple