5 Beds
4 Baths
1,746 SqFt
5 Beds
4 Baths
1,746 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,746 sqft
Price per Sqft $252
Subdivision Venice Gardens
MLS Listing ID A4660416
Bedrooms 5
HOA Y/N No
Year Built 1972
Annual Tax Amount $4,353
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 93x110
Property Sub-Type Duplex
Source Stellar MLS
Property Description
Looking for reliable income in a prime location? Put your money into real estate instead of riding the stock market rollercoaster. This income-generating duplex in Venice Gardens offers a strong 9.0% cap rate, no rental restrictions, and long-term tenants already in place—a rare find in today's market.
One unit features 3 bedrooms, 1.5 baths, while the other offers 2 bedrooms and 1.5 baths—ideal for maximizing rental income or flexible owner occupancy. With recent interior updates, individually metered utilities, and durable block construction, this property delivers dependable performance with minimal hassle.
The duplex brings in $41,400 annually with net operating income of $39,780 and annual expenses of just $1,620. Located on a desirable corner lot and outside the flood zone, it offers peace of mind and long-term value for smart investors.
With stable leases already in place, this property is turnkey and ready to start delivering returns from day one. Whether you're looking to expand your portfolio or house-hack while building equity, this is a golden opportunity you won't want to miss.
Currently, four of these duplexes on Briarwood Rd are available and can be packaged together as a portfolio deal—ideal for investors looking to scale fast. Call to inquire on purchasing portfolio deal of 460, 528, 544 and 552 Briarwood Road.
Income properties like this rarely come available—act fast!
Location
State FL
County Sarasota
Community Venice Gardens
Area 34293 - Venice
Zoning RMF1
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Range, Refrigerator
Laundry Corridor Access, Inside
Exterior
Exterior Feature Private Mailbox
Utilities Available BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Porch Covered, Rear Porch, Screened
Garage false
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Schools
Elementary Schools Garden Elementary
Middle Schools Venice Area Middle
High Schools Venice Senior High
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4660416
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