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About this home
234/236 Colonia Ln E is a 1947-built home in Nokomis, Nokomis. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,449 square feet of living space. Listed at $360,000 (about $248/sqft), 378 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
1% reduction in rate for the first 12 months at no additional cost by using our preferred lender! Welcome to a rare investment opportunity in the heart of Nokomis, a laid-back waterfront community tucked between Sarasota and Venice on Florida’s Gulf Coast. This versatile 2-UNIT property is perfectly suited for investors, snowbirds, or those looking to live in one unit while generating rental income from the other. The property features a one-bedroom, one-bathroom unit that’s ideal for seasonal or long-term tenants, as well as a spacious two-bedroom, two-bathroom unit perfect for full-time living or rental. Each unit has its own private entrance and utilities, offering flexibility, privacy, and ease of management. A/C (2023), Water heaters (2022), Roof reshingled (2022). Sump pump replaced and french drain installed across back side of property. Located just minutes from Nokomis Beach—Sarasota County’s oldest public beach—residents and guests can enjoy postcard-perfect sunsets, pier fishing, kayaking, and calm, turquoise waters on nearby Casey Key. North Jetty Beach is another local favorite, known for its shelling, swimming, and access to both the Gulf of Mexico and the Intracoastal Waterway. Outdoor enthusiasts will love being near the Legacy Trail, a scenic 10-mile bike path connecting local communities, and Oscar Scherer State Park, where camping, glamping, hiking, and wildlife watching are everyday activities. The Nokomis lifestyle includes casual dining, live music, and fresh seafood at beloved local spots like Pop’s Sunset Grill, Captain Eddie’s Seafood, and Nokomo’s Sunset Hut. Just a few minutes away, Historic Downtown Venice offers even more dining options, charming boutiques, art galleries, and family-friendly attractions. Fans of landscape photography will appreciate the nearby Clyde Butcher Gallery in Venice, where Florida’s natural beauty is showcased. With strong rental demand, NO HOA RESTRICTIONS, and an unbeatable location close to beaches, parks, and popular coastal attractions, this two-unit property offers an excellent opportunity to own a slice of Old Florida charm while building passive income. Whether you choose to rent both units or live in one and lease the other, the potential here is as bright as a Gulf Coast sunset.
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$360,000
$248 per sq ft
Beds and baths
3 beds, 3 baths
Size
1,449 sq ft
Time on market
378 days
Year built
1947
Monthly payment
About $2,406/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,172 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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