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116 Margaret Drive

NOKOMIS, FL 34275

3 beds
2 baths
1,450 sqft
15,000 sqft lot
$234 per sqft
1965 build
– on site

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You've been waiting for this remarkably rare reasonably priced 3/2 Canal property. The canal leads straight out to the Intracoastal and then gulf access! This property needs work as well as a dock. This gives you the wonderful challenge and opportunity to make it the way you want it. Consider this your blank canvas to make it one of the nicest properties on the street. Property is located close to Pineview School, 681 and 41 or I75. The junction closest to the property has a gas station known to have the least expensive gas in the entire Sarasota area. The Nokomis public beach is just 5 minutes away. (1.7 miles). So bike or hike to the beach and next to it enjoy waterfront dining. It is home to Pops Sunset Grill, Pelican Alley, and 5 more actual water front dining areas unlike Sarasota! The property has sustained a leaking pipe between the bathroom and the kitchen. Seller believes there may be mold however we also believe that whoever buys this property is either going to demolish the property and start anew or totally gut the property and problem solved! The roof itself remained free of any damage due to Hurricane Ian and is water tight. The floor plan has an addition that is presented here as owner's suite however based on entry and size could also become a nice in law suite for an AirBnB or whatever works for you. The laundry is in the larger bathroom and it can be reconfigured to be a huge owner's bathroom or small kitchenette and bath. The possibilities are endless here...but the only known fact is they are not making more water front property like this in this specific location!

Listing courtesy of STELLAR_MLS / BAY VISION REALTY INC

Last checked: Checking… • Last updated Oct 22, 2024 •

MLS# A4571606 —

The Building

Year Built:

1965
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered
Building Area Total:

2175
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Built-in Features
Furnished:

Unfurnished
Flooring:

Tile
Additional Rooms:

Family Room
Fireplace:

false

Room Dimensions

Living Area:

1450
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From 41 and 681 turn NW at the light on the frontage road then left onto Margaret Dr.
Latitude:

27.143399
Longitude:

-82.463633
Coordinates:

-82.463633, 27.143399

The Property

Parcel Number:

0165050024
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Fixer
Lot Size Acres:

0.34
Lot Size Area:

15000
Lot Size SqFt:

15000
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

RSF1
Direction Faces:

South
View:

Water
View:

true
Exterior Features:

Other
Fencing:

Chain Link
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Flood Zone Panel:

12115C0239F
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

8
Tax Block:

C
Tax Legal Description:

LOT 8 BLK C LAUREL VILLA OR 2109/1020 PR DEED
Tax Book Number:

324-476
Tax Annual Amount:

3773

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Septic Tank

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Laurel Nokomis Elementary
Middle Or Junior School:

Laurel Nokomis Middle
High School:

Venice Senior High

The Community

Subdivision Name:

LAUREL VILLA
Senior Community:

false
Water View:

Canal
Water View:

true
Water Access:

Canal - Brackish
Water Access:

true
Waterfront:

true
Waterfront Features:

Canal - Brackish
Pool Private:

false
Association:

false
Association Fee Requirement:

None
Ownership:

Fee Simple
Association Approval Required:

false
Additional Water Information:

Subject's dock is in disrepair and can easily be built again to meet your needs. Small flatter bottom boats, canoes, and kayak type water.
Waterfront Feet Total:

100

Parking

Garage:

false
Attached Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2
Open Parking:

true
Parking Features:

Boat

Extra Units

Other Structures:

Shed(s)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$149/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
6/8/23 Jun 8, 2023	Sold	STELLAR_MLS	$340,000	-2.9%
5/28/23 May 28, 2023	Pending	STELLAR_MLS	$350,000
5/25/23 May 25, 2023	Listed / Active	STELLAR_MLS	$350,000

House Sold on 6/8/2023

$340,000

Listing provided by broker:

Kay Winefordner

BAY VISION REALTY INC

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Listing Courtesy of: STELLAR_MLS and BAY VISION REALTY INC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

116 Margaret Drive

NOKOMIS, FL 34275